Technical Analysis for ARE - Aecon Group Inc.

Grade Last Price % Change Price Change
C 10.985 -0.32% -0.035
ARE closed down 2.48 percent on Tuesday, September 26, 2023, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish -0.32%
Fell Below 50 DMA Bearish -0.32%
Gapped Down Weakness -0.32%
200 DMA Resistance Bearish -2.79%
Shooting Star Candlestick Bearish -2.79%
Up 3 Days in a Row Strength -2.79%
Up 4 Days in a Row Strength -2.79%
Upper Bollinger Band Touch Strength -2.79%
50 DMA Support Bullish -2.53%
Pocket Pivot Bullish Swing Setup -2.53%

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Alert Time
Down 1% about 2 hours ago
Fell Below Previous Day's Low about 4 hours ago
50 DMA Resistance about 4 hours ago
20 DMA Resistance about 4 hours ago
10 DMA Resistance about 4 hours ago

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Profile

Aecon Group Inc. Description

Aecon Group Inc is a Canada-based construction and infrastructure development company. It operates through four segments: Infrastructure, Energy, Mining and Concessions. The Infrastructure segment includes all aspects of the construction of both public and private infrastructure in Canada, and on a selected basis, internationally. The Energy segment encompasses a suite of service offerings to the energy sector, including industrial, construction and manufacturing activities, such as in-plant construction, site construction and module assembly. The Mining segment offers services consolidating its mining capabilities and services across Canada, including both mine site installations and contract mining. This segment focuses on delivering construction services. The Concessions segment includes development, financing, construction and operation of infrastructure projects by way of build-operate-transfer, build-own-operate-transfer and other public-private partnership contract structures.


Classification

Sector: Industrials
Industry: Engineering & Construction
Keywords: Mining Energy Manufacturing Infrastructure Construction Partnership Mine Site Energy Sector Construction Services Energy Segment Structure Development Manufacturing Activities

Is ARE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 13.6119
52 Week Low 7.9263
Average Volume 259,504
200-Day Moving Average 11.400
50-Day Moving Average 11.090
20-Day Moving Average 11.060
10-Day Moving Average 11.076
Average True Range 0.251
RSI (14) 48.72
ADX 15.08
+DI 23.351
-DI 20.945
Chandelier Exit (Long, 3 ATRs) 10.756
Chandelier Exit (Short, 3 ATRs) 11.378
Upper Bollinger Bands 11.488
Lower Bollinger Band 10.631
Percent B (%b) 0.45
BandWidth 7.754
MACD Line 0.030
MACD Signal Line -0.007
MACD Histogram 0.037
Fundamentals Value
Market Cap 659.85 Million
Num Shares 59.9 Million
EPS 1.15
Price-to-Earnings (P/E) Ratio 9.62
Price-to-Sales 0.35
Price-to-Book 1.13
PEG Ratio -8.20
Dividend 0.64
Dividend Yield 5.81%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.500
Resistance 3 (R3) 11.537 11.413 11.420
Resistance 2 (R2) 11.413 11.291 11.395 11.393
Resistance 1 (R1) 11.217 11.216 11.155 11.180 11.367
Pivot Point 11.093 11.093 11.063 11.075 11.093
Support 1 (S1) 10.897 10.971 10.835 10.860 10.673
Support 2 (S2) 10.773 10.896 10.755 10.647
Support 3 (S3) 10.577 10.773 10.620
Support 4 (S4) 10.540