Logo image of AQNB

ALGONQUIN PWR & UTILITY - AQNCN 8.86372 07/01/2079 (AQNB) Stock Technical Analysis

NYSE:AQNB - New York Stock Exchange, Inc. - US0158578080 - Currency: USD

25.07  +0.02 (+0.08%)

Technical Rating and Analysis

1

Taking everything into account, AQNB scores 1 out of 10 in our technical rating. AQNB 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
AQNB is part of the Multi-Utilities industry. There are 25 other stocks in this industry, of which 62% are performing better than AQNB.
AQNB is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
When compared to the yearly performance of all other stocks, AQNB outperforms 66% of them, which is more or less in line with the market.
In the last month AQNB has a been trading in a tight range between 24.59 and 25.95.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ALGONQUIN PWR & UTILITY - AQNCN 8.86372 07/01/2079 / AQNB Weekly stock chart
ALGONQUIN PWR & UTILITY - AQNCN 8.86372 07/01/2079 / AQNB Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is bad, AQNB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.04, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

24.55

26.73

When analyzing the support we notice one important area.

  • A support zone ranging from 24.80 to 25.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 25.10 to 25.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 26.31 to 26.47. 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
CRS66.25
Mansfield0.54
10 Day High25.35
10 Day Low24.59
20 Day High25.95
20 Day Low24.59
52 Week High26.5
52 Week Low24.59
Performance
1 Week0.42%
2 Weeks-0.12%
1 Month-2.3%
3 Month-0.87%
6 Month-2.22%
12 Month0.76%
2 Year9.57%
3 Year-2.07%
5 Year-8.27%
10 YearN/A
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)43.46
LBB24.81
UBB25.36
ALGONQUIN PWR & UTILITY - AQNCN 8.86372 07/01/2079 / AQNB Daily stock chart

25.07

+0.02 (+0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.08%
1 Week0.42%
2 Weeks-0.12%
1 Month-2.3%
3 Month-0.87%
6 Month-2.22%
12 Month0.76%
2 Year9.57%
3 Year-2.07%
5 Year-8.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%1.12%
ATR Inc-45.99%
Range Today0.11
ADR(20)0.26
ADR(20)%1.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.25
Mansfield0.54
10 Day High25.35
10 Day Low24.59
20 Day High25.95
20 Day Low24.59
52 Week High26.5
52 Week Low24.59
CS1 End25.04
CR1 Start25.1
Volume & EV
DER(3)0.84%
DER(5)-0.06%
Volume3.80K
Volume Incr56.55%
Vol(5)76.38K
Vol(50)38.43K