ATCO LTD -CLASS I (ACO-X.CA) Stock Technical Analysis
TSX:ACO-X - Toronto Stock Exchange - CA0467894006 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to ACO-X. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACO-X is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ACO-X did better than 84% of all other stocks. On top of that, ACO-X also shows a nice and consistent pattern of rising prices.
ACO-X is part of the Multi-Utilities industry. There are 22 other stocks in this industry. ACO-X outperforms 95% of them.
ACO-X is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ACO-X slightly outperforms the market at the moment.
In the last month ACO-X has a been trading in the 46.67 - 51.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ACO-X has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 50.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.48, a Stop Loss order could be placed below this zone.
More info and screens
44.43
51.89
3 important support areas can be observed.
- A support zone ranging from 47.07 to 49.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 45.74 to 46.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.88 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 50.24 to 50.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @51.38 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.4
Mansfield2.07
10 Day High50.55
10 Day Low46.67
20 Day High51.67
20 Day Low46.67
52 Week High51.67
52 Week Low37.11
Performance
1 Week3.23%
2 Weeks-0.14%
1 Month3.98%
3 Month7.48%
6 Month3.75%
12 Month32.89%
2 Year11.99%
3 Year9.55%
5 Year28.27%
10 Year9.64%
15 Year311.07%
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)57.54
LBB47.34
UBB51.62
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 |
|---|---|---|---|
| 50.49 | 46.66 | 3.83 (7.59%) | 13.18% |
| An entry @50.49. This is a Buy Stop order right above the resistance zone. | An exit @46.66. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.83 points, which is 7.59%. | When investing 13.18% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:ACO-X (4/21/2025, 7:00:00 PM)
50.14
-0.09 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-0.18%
1 Week3.23%
2 Weeks-0.14%
1 Month3.98%
3 Month7.48%
6 Month3.75%
12 Month32.89%
2 Year11.99%
3 Year9.55%
5 Year28.27%
10 Year9.64%
15 Year311.07%
Volatility
ATR(14)1.29
ATR(20)%2.27%
ATR Inc-37.5%
Range Today0.75
ADR(20)1.11
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.4
Mansfield2.07
10 Day High50.55
10 Day Low46.67
20 Day High51.67
20 Day Low46.67
52 Week High51.67
52 Week Low37.11
CS1 End49.48
CR1 Start50.24
Volume & EV
DER(3)-0.36%
DER(5)-1.54%
Volume74.70K
Volume Incr-47.68%
Vol(5)139.06K
Vol(50)245.67K