AECON GROUP INC (ARE.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ARE - CA00762V1094 - Common Stock
Taking everything into account, ARE scores 8 out of 10 in our technical rating. Although ARE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, ARE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for ARE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
16.35
5 important support areas can be observed.
- Support @30.41 from a horizontal line in the daily time frame.
- A support zone ranging from 27.35 to 27.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.42 from a trend line in the daily time frame.
- Support @25.18 from a trend line in the weekly time frame.
- Support @16.52 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @31.41 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 32.18 to 32.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 ARE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARE.CA is up. |
| ChartMill Relative Strength | 72.9 | POSITIVE | ARE.CA has a high relative strength, it outperformed 72.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.26 | NEUTRAL | The RSI value for ARE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ARE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.36 | NEUTRAL | The Stochastics value for ARE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for ARE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 39.62 | POSITIVE | The high ADX value value for ARE.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 31.42 | 30.40 | 1.02 (3.25%) | 25.00% |
| An entry @31.42. This is a Buy Stop order right above the resistance zone. | An exit @30.40. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.02 points, which is 3.25%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
- The distance between exit and entry is rather small compared to the average daily movement of ARE. Please evaluate whether better entry and exit points can be found.
- 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:ARE (12/19/2025, 7:00:00 PM)
31.4
+0.55 (+1.78%)
AECON GROUP INC / ARE.CA FAQ
What is the technical rating for ARE stock?
ChartMill assigns a technical rating of 8 / 10 to ARE.CA.
Can you provide the trend direction for AECON GROUP INC?
The current trend direction for AECON GROUP INC (ARE.CA) is Bullish.
What is the RSI signal for ARE stock?
AECON GROUP INC (ARE.CA) has an RSI value of 63.2617. This indicates that the stock is currently neutral.
What is the short term momentum for ARE stock?
The short term momentum for AECON GROUP INC (ARE.CA) is positive.
What is the support and resistance level for ARE stock?
AECON GROUP INC (ARE.CA) has a support level at 30.41 and a resistance level at 31.41. Check the full technical report for our detailed analysis of ARE.CA support and resistance levels.