POWER CORP OF CANADA (POW.CA) Stock Technical Analysis
TSX:POW - Toronto Stock Exchange - CA7392391016 - Common Stock - Currency: CAD
Overall POW gets a technical rating of 7 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, POW is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, POW did better than 79% of all other stocks.
POW is one of the better performing stocks in the Insurance industry, it outperforms 86% of 81 stocks in the same industry.
POW is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so POW is leading the market.
In the last month POW has a been trading in the 48.18 - 52.31 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
POW has an average volume of 2796880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, POW also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 51.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.88, a Stop Loss order could be placed below this zone.
More info and screens
37.14
52.71
We found 4 important support areas.
- A support zone ranging from 49.64 to 50.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.47 to 48.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @42.43 from a horizontal line in the daily time frame.
- Support @37.52 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 51.36 to 52.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for POW.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for POW.CA is up. |
| ChartMill Relative Strength | 79.36 | POSITIVE | POW.CA has a high relative strength, it outperformed 79.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of POW.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of POW.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of POW.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.59 | NEUTRAL | The RSI value for POW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests POW.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.56 | NEUTRAL | The Stochastics value for POW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for POW.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.55 | NEGATIVE | The low ADX value for POW.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 52.20 | 49.63 | 2.57 (4.92%) | 20.31% |
| An entry @52.20. This is a Buy Stop order right above the resistance zone. | An exit @49.63. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.57 points, which is 4.92%. | For a 1.00% total portfolio risk, you can invest 20.31% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:POW (5/23/2025, 7:00:00 PM)
50.89
-0.06 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.12%
1 Week1.98%
2 Weeks-0.9%
1 Month-0.02%
3 Month6.42%
6 Month9.23%
12 Month26.4%
2 Year44.82%
3 Year39.31%
5 Year127.09%
10 Year58.09%
15 Year84.65%
Volatility
ATR(14)1.04
ATR(20)%1.98%
ATR Inc-41.5%
Range Today0.32
ADR(20)0.95
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.36
Mansfield1.23
10 Day High51.78
10 Day Low48.18
20 Day High52.31
20 Day Low48.18
52 Week High52.31
52 Week Low36.08
CS1 End50.88
CR1 Start51.36
Volume & EV
DER(3)-1.51%
DER(5)-0.99%
Volume674.75K
Volume Incr-28.67%
Vol(5)1.36M
Vol(50)2.80M