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CAPITAL POWER CORP (CPX.CA) Stock Technical Analysis

TSX:CPX - Toronto Stock Exchange - CA14042M1023 - Common Stock - Currency: CAD

53.43  -1.05 (-1.93%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to CPX. Although CPX 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.

CPX is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 79% of 40 stocks in the same industry.
In the last month CPX has a been trading in the 49.71 - 61.45 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that CPX is one of the better performing stocks in the market, outperforming 74% of all stocks. However, CPX's most recent performance is quite weak.
CPX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CPX is lagging the market.
Weekly and Daily overview Charts
CAPITAL POWER CORP / CPX Weekly stock chart
CAPITAL POWER CORP / CPX Daily stock chart
Setup Rating and Analysis

6

CPX has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

34.85

58.04

We found 2 important support areas.

  • A support zone ranging from 50.41 to 52.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @35.20 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • Resistance @54.49 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 56.90 to 57.47. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS74.05
Mansfield0.51
10 Day High55.42
10 Day Low50.88
20 Day High61.45
20 Day Low49.71
52 Week High68.73
52 Week Low33.9
Performance
1 Week4.72%
2 Weeks-0.95%
1 Month-12.61%
3 Month-12.51%
6 Month20.26%
12 Month42.37%
2 Year25.81%
3 Year37.18%
5 Year59.25%
10 Year112.95%
15 Year149.67%
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)0.37
RSI(14)44.32
LBB51.29
UBB54.84
CAPITAL POWER CORP / CPX Daily stock chart

CAPITAL POWER CORP

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

53.43

-1.05 (-1.93%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.93%
1 Week4.72%
2 Weeks-0.95%
1 Month-12.61%
3 Month-12.51%
6 Month20.26%
12 Month42.37%
2 Year25.81%
3 Year37.18%
5 Year59.25%
10 Year112.95%
15 Year149.67%
Volatility
ATR(14)1.78
ATR(20)%4.38%
ATR Inc23.42%
Range Today2.69
ADR(20)2.21
ADR(20)%4.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.05
Mansfield0.51
10 Day High55.42
10 Day Low50.88
20 Day High61.45
20 Day Low49.71
52 Week High68.73
52 Week Low33.9
CS1 End52.06
CR1 Start54.49
Volume & EV
DER(3)3.15%
DER(5)2.44%
Volume743.20K
Volume Incr-22.88%
Vol(5)735.70K
Vol(50)887.70K