Technical Analysis for BLX - Boralex Inc.

Grade Last Price % Change Price Change
F 26.380 2.85% 0.730
BLX closed down 2.02 percent on Wednesday, January 22, 2025, on 1.25 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 2.85%
New 52 Week Low Weakness 2.85%
Stochastic Reached Oversold Weakness 2.85%
Down 3 Days in a Row Weakness 2.85%
Oversold Stochastic Weakness 2.85%
NR7 Range Contraction -2.69%
NR7-2 Range Contraction -2.69%
Narrow Range Bar Range Contraction -2.69%
Shooting Star Candlestick Bearish -2.84%
180 Bearish Setup Bearish Swing Setup -2.84%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High 19 minutes ago
Up 2% about 1 hour ago
Up 1% about 2 hours ago
Fell Below Previous Day's Low 1 day ago
Down 2% 1 day ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Boralex Inc. Description

Boralex Inc. is a power producer that develops, constructs and operates renewable energy power stations. The Company's segments include wind, hydroelectric, thermal and solar. It operates an asset base with a capacity of approximately 1,260 megawatts (MW), of which over 1,090 MW are under its control, consisting of approximately 490 MW in Canada, over 520 MW in France and over 80 MW in the Northeastern United States. It operates approximately 870 MW wind power portfolio of assets in France and Canada. It also owns the rights to portfolio of wind power projects in France. It is also a wind power operator in Canada with an installed capacity of approximately 550 MW in Quebec and Ontario. It owns over two thermal power stations with a total installed capacity of approximately 50 MW, consisting of over 30 MW wood-residue power station in Quebec and approximately 10 MW natural gas cogeneration power station in France. It operates over three solar power facilities in France and in Canada.


Classification

Sector: Utilities
Industry: Utilities - Independent Power Producers
Keywords: Energy Natural Gas Wood Renewable Energy Solar Wind Power Power Producer Solar Power

Is BLX a Buy, Sell or Hold?

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

Comments

Indicators

Indicator Value
52 Week High 36.4729
52 Week Low 25.55
Average Volume 314,837
200-Day Moving Average 31.836
50-Day Moving Average 29.170
20-Day Moving Average 27.712
10-Day Moving Average 26.592
Average True Range 0.802
RSI (14) 28.57
ADX 34.49
+DI 10.653
-DI 33.749
Chandelier Exit (Long, 3 ATRs) 27.494
Chandelier Exit (Short, 3 ATRs) 27.956
Upper Bollinger Bands 30.163
Lower Bollinger Band 25.261
Percent B (%b) 0.08
BandWidth 17.692
MACD Line -0.933
MACD Signal Line -0.852
MACD Histogram -0.0817
Fundamentals Value
Market Cap 2.64 Billion
Num Shares 103 Million
EPS 0.86
Price-to-Earnings (P/E) Ratio 29.83
Price-to-Sales 2.91
Price-to-Book 1.73
PEG Ratio 1.86
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.805
Resistance 3 (R3) 26.900 26.610 26.613
Resistance 2 (R2) 26.610 26.316 26.563 26.548
Resistance 1 (R1) 26.130 26.134 25.985 26.035 26.484
Pivot Point 25.840 25.840 25.768 25.793 25.840
Support 1 (S1) 25.360 25.546 25.215 25.265 24.816
Support 2 (S2) 25.070 25.364 25.023 24.752
Support 3 (S3) 24.590 25.070 24.688
Support 4 (S4) 24.495