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Innergex Renewable Energy (TSE:INE)
TSX:INE

Innergex Renewable Energy (INE) Technical Analysis

223 Followers

Summary of all the Indicators

Overall Consensus
Buy
12Bullish
4Neutral
6Bearish
Technical Analysis Consensus
Sell
2Bullish
4Neutral
4Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
Innergex Renewable Energy’s (INE) Moving Averages Convergence Divergence (MACD) indicator is 0.20, suggesting Innergex Renewable Energy is a Sell.
Innergex Renewable Energy’s (INE) 20-Day exponential moving average is 8.46, while Innergex Renewable Energy’s (INE) share price is C$9.04, making it a Buy.
Innergex Renewable Energy’s (INE) 50-Day exponential moving average is 8.30, while Innergex Renewable Energy’s (INE) share price is C$9.04, making it a Buy.

Innergex Renewable Energy (INE) Pivot Points

May 18, 2024, 07:43 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
8.06
8.28
8.69
8.91
9.32
9.54
9.95
Fibonacci
8.28
8.52
8.67
8.91
9.15
9.30
9.54
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Innergex Renewable Energy (INE) Moving Averages

May 18, 2024, 07:43 AM
Period
Simple
Exponential
MA5
8.72Buy
8.83Buy
MA10
8.63Buy
8.65Buy
MA20
8.36Buy
8.46Buy
MA50
8.19Buy
8.30Buy
MA100
8.35Buy
8.52Buy
MA200
9.29Sell
9.51Sell
Innergex Renewable Energy’s (INE) 10-Day exponential moving average is 8.65, while Innergex Renewable Energy’s (INE) share price is C$9.04, making it a Buy.
Innergex Renewable Energy’s (INE) 100-Day exponential moving average is 8.52, while Innergex Renewable Energy’s (INE) share price is C$9.04, making it a Buy.
Innergex Renewable Energy’s (INE) stock price is C$9.04 and Innergex Renewable Energy’s (INE) 50-day simple moving average is 8.19, creating a Buy signal.
Innergex Renewable Energy’s (INE) stock price is C$9.04 and Innergex Renewable Energy’s (INE) 100-day simple moving average is 8.35, creating a Buy signal.
Innergex Renewable Energy’s (INE) stock price is C$9.04 and Innergex Renewable Energy’s (INE) 200-day simple moving average is 9.29, creating a Sell signal.

Innergex Renewable Energy (INE) Technical Indicators

May 18, 2024, 07:43 AM
Name
Value
Implied Action
RSI (14)
68.80
Neutral
STOCH (9,6)
75.30
Neutral
STOCHRSI (14)
84.24
Sell
MACD (12,26)
0.20
Sell
ADX (14)
22.50
Neutral
Williams %R
-7.04
Sell
CCI (14)
201.19
Sell
ATR (14)
0.29
-
Ultimate Oscillator
60.58
Neutral
ROC
15.11
Buy
Innergex Renewable Energy’s (INE) Relative Strength Index (RSI) is 68.80, creating a Neutral signal.
Innergex Renewable Energy’s (INE) Trend Strength Indicator (ADX) is 22.50, creating a Neutral signal.
Innergex Renewable Energy’s (INE) Commodity Channel Index (CCI) is 201.19, creating a Sell signal.
Innergex Renewable Energy’s (INE) Price Rate of Change (ROC) is 15.11, creating a Buy signal.

FAQ

Is INE a Buy, Hold, or Sell?
Based on INE’s technical indicators, INE is a Buy.
    What is INE’s RSI (14)?
    INE’s RSI (14) is 68.80, which suggests INE is a Neutral.
      What is INE’s MACD?
      INE’s MACD is 0.20, which suggests INE is a Sell.
        What is INE’s 5-day moving average?
        INE’s 5-day moving average is 8.72, which suggests INE is a Buy.
          What is INE’s 20-day moving average?
          INE 20-day moving average is 8.36, which suggests INE is a Buy.
            What is INE’s 50-day moving average?
            INE’s 50-day moving average is 8.19, which suggests INE is a Buy.
              What is INE’s 200-day moving average?
              INE’s 200-day moving average is 9.29, which suggests INE is a Sell.
                What is INE’s Williams % R (14)?
                INE’s Williams % R (14) is -7.04, which suggests INE is a Sell.
                  What is INE’s CCI (14)?
                  INE’s CCI (14) is 201.19, which suggests INE is a Sell.
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