Technical Analysis for INE - Innergex Renewable Energy Inc.

Grade Last Price % Change Price Change
D 8.560 -2.73% -0.240
INE closed down 1.23 percent on Tuesday, December 3, 2024, on 1.26 times normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
200 DMA Resistance Bearish -2.73%
Bearish Engulfing Bearish -2.73%
Upper Bollinger Band Touch Strength -2.73%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -3.93%
20 DMA Support Bullish -3.93%
Pocket Pivot Bullish Swing Setup -3.93%
Cup with Handle Other -3.93%
Gapped Up Strength -3.93%
Up 3 Days in a Row Strength -3.93%
Up 4 Days in a Row Strength -3.93%

   Recent Intraday Alerts

Alert Time
Down 3% 14 minutes ago
Down 2% 14 minutes ago
Down 1% 14 minutes ago
Fell Below 20 DMA 14 minutes ago
Fell Below 10 DMA 14 minutes ago

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Profile

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

Is INE 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 10.7677
52 Week Low 6.9294
Average Volume 485,852
200-Day Moving Average 9.089
50-Day Moving Average 9.349
20-Day Moving Average 8.668
10-Day Moving Average 8.607
Average True Range 0.282
RSI (14) 48.19
ADX 22.08
+DI 26.671
-DI 13.273
Chandelier Exit (Long, 3 ATRs) 8.356
Chandelier Exit (Short, 3 ATRs) 9.095
Upper Bollinger Bands 9.061
Lower Bollinger Band 8.275
Percent B (%b) 0.67
BandWidth 9.066
MACD Line -0.144
MACD Signal Line -0.219
MACD Histogram 0.0756
Fundamentals Value
Market Cap 1.53 Billion
Num Shares 174 Million
EPS 0.21
Price-to-Earnings (P/E) Ratio 42.72
Price-to-Sales 7.14
Price-to-Book 4.95
PEG Ratio 2.25
Dividend 0.72
Dividend Yield 8.18%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.385
Resistance 3 (R3) 9.450 9.320 9.288
Resistance 2 (R2) 9.320 9.171 9.288 9.255
Resistance 1 (R1) 9.060 9.079 8.995 8.995 9.222
Pivot Point 8.930 8.930 8.898 8.898 8.930
Support 1 (S1) 8.670 8.781 8.605 8.605 8.378
Support 2 (S2) 8.540 8.689 8.508 8.345
Support 3 (S3) 8.280 8.540 8.313
Support 4 (S4) 8.215