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AECON GROUP INC (ARE.CA) Stock Technical Analysis

TSX:ARE - Toronto Stock Exchange - CA00762V1094 - Common Stock - Currency: CAD

23.2  +0.15 (+0.65%)

Technical Rating and Analysis

3

Overall ARE gets a technical rating of 3 out of 10. Although ARE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month ARE has a been trading in the 22.97 - 27.39 range, which is quite wide. It is currently trading near the lows of this range.
ARE is one of the better performing stocks in the Construction & Engineering industry, it outperforms 83% of 7 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that ARE is one of the better performing stocks in the market, outperforming 80% of all stocks. However, ARE's most recent performance is quite weak.
ARE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARE is lagging the market.
Weekly and Daily overview Charts
AECON GROUP INC / ARE Weekly stock chart
AECON GROUP INC / ARE Daily stock chart
Setup Rating and Analysis

6

ARE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 23.19, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

18.17

27.67

We found 2 important support areas.

  • A support zone ranging from 23.02 to 23.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @18.35 from a trend line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 23.21 to 23.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @25.88 from a trend line in the daily time frame.
  • Resistance @27.40 from a horizontal line in the daily time frame.
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
CRS80.99
Mansfield0.61
10 Day High24.3
10 Day Low22.97
20 Day High27.39
20 Day Low22.97
52 Week High29.7
52 Week Low13.03
Performance
1 Week-0.77%
2 Weeks-4.37%
1 Month-14.45%
3 Month-20.44%
6 Month26.36%
12 Month67.75%
2 Year128.8%
3 Year31.74%
5 Year47.68%
10 Year97.45%
15 Year67.27%
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)-0.02
RSI(14)38.48
LBB22.81
UBB24.43
AECON GROUP INC / ARE Daily stock chart

AECON GROUP INC

TSX:ARE (2/21/2025, 7:00:00 PM)

23.2

+0.15 (+0.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.65%
1 Week-0.77%
2 Weeks-4.37%
1 Month-14.45%
3 Month-20.44%
6 Month26.36%
12 Month67.75%
2 Year128.8%
3 Year31.74%
5 Year47.68%
10 Year97.45%
15 Year67.27%
Volatility
ATR(14)0.58
ATR(20)%3.3%
ATR Inc10.05%
Range Today0.78
ADR(20)0.75
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.99
Mansfield0.61
10 Day High24.3
10 Day Low22.97
20 Day High27.39
20 Day Low22.97
52 Week High29.7
52 Week Low13.03
CS1 End23.19
CR1 Start23.21
Volume & EV
DER(3)1.07%
DER(5)-1.24%
Volume473.45K
Volume Incr-9.19%
Vol(5)394.08K
Vol(50)391.53K