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INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP (INE-PR-C.CA) Stock Technical Analysis

TSX:INE-PR-C - Toronto Stock Exchange - CA45790B7088 - Currency: CAD

20.65  +0.26 (+1.28%)

Technical Rating and Analysis

7

Taking everything into account, INE-PR-C scores 7 out of 10 in our technical rating. Although INE-PR-C is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

INE-PR-C is part of the Independent Power and Renewable Electricity Producers industry. There are 39 other stocks in this industry, of which 60% are performing better than INE-PR-C.
Warning: INE-PR-C has an average volume of 1226 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
INE-PR-C is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, INE-PR-C outperforms 54% of them, which is more or less in line with the market.
In the last month INE-PR-C has a been trading in a tight range between 19.80 and 20.65.
Weekly and Daily overview Charts
INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP / INE-PR-C Weekly stock chart
INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP / INE-PR-C Daily stock chart
Setup Rating and Analysis

2

Although INE-PR-C has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

16.83

21.21

We found 2 important support areas.

  • A support zone ranging from 19.45 to 20.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @17.00 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 20.85 to 21.00. 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
CRS54.81
Mansfield-0.08
10 Day High20.65
10 Day Low19.86
20 Day High20.65
20 Day Low19.8
52 Week High20.85
52 Week Low17.2
Performance
1 Week2.53%
2 Weeks3.25%
1 Month2.84%
3 Month1.72%
6 Month8.12%
12 Month12.53%
2 Year-6.14%
3 Year-17.27%
5 Year-14.28%
10 Year-0.48%
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)0.06
RSI(14)69.28
LBB19.85
UBB20.56
INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP / INE-PR-C Daily stock chart

INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP

TSX:INE-PR-C (2/21/2025, 7:00:00 PM)

20.65

+0.26 (+1.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg1.28%
1 Week2.53%
2 Weeks3.25%
1 Month2.84%
3 Month1.72%
6 Month8.12%
12 Month12.53%
2 Year-6.14%
3 Year-17.27%
5 Year-14.28%
10 Year-0.48%
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.65%
ATR Inc-3.7%
Range Today0.25
ADR(20)0.09
ADR(20)%0.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.81
Mansfield-0.08
10 Day High20.65
10 Day Low19.86
20 Day High20.65
20 Day Low19.8
52 Week High20.85
52 Week Low17.2
CS1 End20.56
CR1 Start20.85
Volume & EV
DER(3)0%
DER(5)-3.94%
Volume2.80K
Volume Incr48.78%
Vol(5)1.61K
Vol(50)1.23K