Technical Analysis for INE - Innergex Renewable Energy Inc.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New Downtrend | Bearish | 0.36% | |
| 180 Bearish Setup | Bearish Swing Setup | 0.36% | |
| Narrow Range Bar | Range Contraction | 0.36% | |
| Down 3 Days in a Row | Weakness | 0.36% | |
| Down 4 Days in a Row | Weakness | 0.36% | |
| Down 5 Days in a Row | Weakness | 0.36% | |
| Gapped Down | Weakness | 0.36% | |
| Oversold Stochastic | Weakness | 0.36% | |
| NR7 | Range Contraction | -1.42% | |
| Narrow Range Bar | Range Contraction | -1.42% |
| Alert | Time |
|---|---|
| Bearish 180 Entry | about 1 hour ago |
| Fell Below Previous Day's Low | about 1 hour ago |
| Possible NR7 | about 21 hours ago |
| Fell Below Previous Day's Low | 1 day ago |
| Down 1% | 1 day ago |
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- Earnings date: 2024-11-06
Innergex Renewable Energy Inc. Description
Innergex Renewable Energy Inc. is an independent renewable power producer. The Company is a developer, owner and operator of renewable power-generating facilities with a focus on hydroelectric, wind power and solar photovoltaic (PV) projects. It operates through four segments: hydroelectric generation, wind power generation, solar power generation and site development. Through its hydroelectric, wind power and solar power generation segments, it sells electricity produced by its hydroelectric, wind farm and solar facilities to publicly owned utilities or other creditworthy counterparties. Through its site development segment, it analyzes sites and develops hydroelectric, wind and solar facilities up to the commissioning stage. Its portfolio of assets consists of interests in approximately three groups of power-generating project. It has over 30 facilities with a net installed capacity of over 710 megawatts. The Company owns interests in approximately 30 hydroelectric facilities.
Classification
Sector: Utilities
Industry: Utilities - Independent Power Producers
Keywords: Energy Credit Universe Utilities Renewable Energy Farm Solar Electricity Energy Conversion Alternative Energy Wind Power Power Producer Solar Power Renewable Power Wind Farm
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 10.7677 |
| 52 Week Low | 6.9294 |
| Average Volume | 476,136 |
| 200-Day Moving Average | 9.049 |
| 50-Day Moving Average | 9.549 |
| 20-Day Moving Average | 8.934 |
| 10-Day Moving Average | 8.662 |
| Average True Range | 0.278 |
| RSI (14) | 27.54 |
| ADX | 25.29 |
| +DI | 11.246 |
| -DI | 26.221 |
| Chandelier Exit (Long, 3 ATRs) | 9.108 |
| Chandelier Exit (Short, 3 ATRs) | 9.153 |
| Upper Bollinger Bands | 9.630 |
| Lower Bollinger Band | 8.238 |
| Percent B (%b) | 0.07 |
| BandWidth | 15.583 |
| MACD Line | -0.317 |
| MACD Signal Line | -0.275 |
| MACD Histogram | -0.0412 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 8.525 | ||||
| Resistance 3 (R3) | 8.543 | 8.497 | 8.493 | ||
| Resistance 2 (R2) | 8.497 | 8.447 | 8.488 | 8.482 | |
| Resistance 1 (R1) | 8.413 | 8.416 | 8.390 | 8.395 | 8.471 |
| Pivot Point | 8.367 | 8.367 | 8.355 | 8.358 | 8.367 |
| Support 1 (S1) | 8.283 | 8.317 | 8.260 | 8.265 | 8.189 |
| Support 2 (S2) | 8.237 | 8.286 | 8.228 | 8.178 | |
| Support 3 (S3) | 8.153 | 8.237 | 8.168 | ||
| Support 4 (S4) | 8.135 |
