Technical Analysis for BLX - Boralex Inc.

Grade Last Price % Change Price Change
D 33.290 1.28% 0.420
BLX closed up 1.28 percent on Friday, July 26, 2024, on 72 percent of normal volume.
Earnings due: Aug 12
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Stochastic Reached Oversold Weakness 1.28%
Inside Day Range Contraction 1.28%
Oversold Stochastic Weakness 1.28%
Fell Below 50 DMA Bearish 0.57%
180 Bearish Setup Bearish Swing Setup 0.57%
Inside Day Range Contraction 0.57%
MACD Bearish Centerline Cross Bearish -1.16%
Crossed Above 50 DMA Bullish -1.16%
Gapped Up Strength -1.16%
Lower Bollinger Band Touch Weakness -1.16%

   Recent Intraday Alerts

Alert Time
Up 2% about 7 hours ago
Rose Above Previous Day's High about 8 hours ago
Rose Above 10 DMA about 8 hours ago
Up 1% about 9 hours ago
Possible Inside Day 1 day ago

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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 36.68
52 Week Low 24.9943
Average Volume 286,154
200-Day Moving Average 30.617
50-Day Moving Average 33.791
20-Day Moving Average 33.745
10-Day Moving Average 33.329
Average True Range 0.818
RSI (14) 47.92
ADX 19.23
+DI 18.643
-DI 20.670
Chandelier Exit (Long, 3 ATRs) 32.896
Chandelier Exit (Short, 3 ATRs) 34.784
Upper Bollinger Bands 35.099
Lower Bollinger Band 32.390
Percent B (%b) 0.33
BandWidth 8.028
MACD Line -0.158
MACD Signal Line -0.001
MACD Histogram -0.1568
Fundamentals Value
Market Cap 3.41 Billion
Num Shares 103 Million
EPS 0.03
Price-to-Earnings (P/E) Ratio 1073.87
Price-to-Sales 6.24
Price-to-Book 4.23
PEG Ratio 0.73
Dividend 0.66
Dividend Yield 1.98%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 34.490
Resistance 3 (R3) 34.503 34.117 34.290
Resistance 2 (R2) 34.117 33.811 34.110 34.223
Resistance 1 (R1) 33.703 33.622 33.910 33.690 34.157
Pivot Point 33.317 33.317 33.420 33.310 33.317
Support 1 (S1) 32.903 33.011 33.110 32.890 32.423
Support 2 (S2) 32.517 32.822 32.510 32.357
Support 3 (S3) 32.103 32.517 32.290
Support 4 (S4) 32.090