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ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP (AQN-PR-A.CA) Stock Technical Analysis

TSX:AQN-PR-A - Toronto Stock Exchange - CA0158573034 - Currency: CAD

22.9  +0.08 (+0.35%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to AQN-PR-A. AQN-PR-A has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

AQN-PR-A is part of the Multi-Utilities industry. There are 22 other stocks in this industry, of which 85% are performing better than AQN-PR-A.
Warning: AQN-PR-A has an average volume of 2556 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
AQN-PR-A 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 AQN-PR-A slightly outperforms the market at the moment.
In the last month AQN-PR-A has a been trading in the 22.04 - 23.66 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, AQN-PR-A outperforms 59% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP / AQN-PR-A Weekly stock chart
ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP / AQN-PR-A Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is bad, AQN-PR-A does present a nice setup opportunity. 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 22.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.80, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

20.69

23.85

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 22.27 to 22.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @21.83 from a horizontal line in the daily time frame.
  • Support @20.90 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 22.99 to 23.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 23.59 to 23.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.03
Mansfield0.87
10 Day High23.06
10 Day Low22.04
20 Day High23.66
20 Day Low22.04
52 Week High23.85
52 Week Low19.6
Performance
1 Week0.35%
2 Weeks2.14%
1 Month-0.95%
3 Month-1.17%
6 Month1.51%
12 Month4.14%
2 Year13.65%
3 Year-0.43%
5 Year35.34%
10 Year5.97%
15 YearN/A
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
RSI(14)48.15
LBB22.24
UBB23.53
ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP / AQN-PR-A Daily stock chart

ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP

TSX:AQN-PR-A (4/22/2025, 7:00:00 PM)

22.9

+0.08 (+0.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.35%
1 Week0.35%
2 Weeks2.14%
1 Month-0.95%
3 Month-1.17%
6 Month1.51%
12 Month4.14%
2 Year13.65%
3 Year-0.43%
5 Year35.34%
10 Year5.97%
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%1.4%
ATR Inc-65.57%
Range Today0.27
ADR(20)0.24
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.03
Mansfield0.87
10 Day High23.06
10 Day Low22.04
20 Day High23.66
20 Day Low22.04
52 Week High23.85
52 Week Low19.6
CS1 End22.8
CR1 Start22.99
Volume & EV
DER(3)0%
DER(5)0%
Volume871
Volume Incr-83.22%
Vol(5)700.4
Vol(50)2.56K