Technical Analysis for BLX - Boralex Inc.

Grade Last Price % Change Price Change
D 29.320 -1.71% -0.510
BLX closed down 1.71 percent on Friday, March 1, 2024, on 1.98 times normal volume.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Wide Range Bar Range Expansion 0.00%
Multiple of Ten Bearish Other 0.00%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Pocket Pivot Bullish Swing Setup -1.71%
Volume Surge Other -1.71%
Gapped Up Strength -1.71%
Oversold Stochastic Weakness -1.71%

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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

Indicators

Indicator Value
52 Week High 42.7491
52 Week Low 25.113
Average Volume 233,895
200-Day Moving Average 32.126
50-Day Moving Average 31.661
20-Day Moving Average 30.188
10-Day Moving Average 29.184
Average True Range 0.894
RSI (14) 40.12
ADX 19.8
+DI 22.249
-DI 21.864
Chandelier Exit (Long, 3 ATRs) 30.506
Chandelier Exit (Short, 3 ATRs) 31.078
Upper Bollinger Bands 32.593
Lower Bollinger Band 27.783
Percent B (%b) 0.32
BandWidth 15.933
MACD Line -0.779
MACD Signal Line -0.749
MACD Histogram -0.0297
Fundamentals Value
Market Cap 3.01 Billion
Num Shares 103 Million
EPS 0.03
Price-to-Earnings (P/E) Ratio 945.81
Price-to-Sales 6.24
Price-to-Book 4.23
PEG Ratio 0.73
Dividend 0.66
Dividend Yield 2.25%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 32.140
Resistance 3 (R3) 32.253 31.427 31.670
Resistance 2 (R2) 31.427 30.709 31.370 31.513
Resistance 1 (R1) 30.373 30.265 29.960 30.260 31.357
Pivot Point 29.547 29.547 29.340 29.490 29.547
Support 1 (S1) 28.493 28.829 28.080 28.380 27.283
Support 2 (S2) 27.667 28.385 27.610 27.127
Support 3 (S3) 26.613 27.667 26.970
Support 4 (S4) 26.500