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Innergex Renewable Energy (TSE:INE)
TSX:INE

Innergex Renewable Energy (INE) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Buy
11Bullish
3Neutral
8Bearish
Technical Analysis Consensus
Buy
5Bullish
3Neutral
2Bearish
Moving Average Consensus
Neutral
6Bullish
0Neutral
6Bearish
Innergex Renewable Energy’s (INE) Moving Averages Convergence Divergence (MACD) indicator is 0.08, suggesting Innergex Renewable Energy is a Buy.
Innergex Renewable Energy’s (INE) 20-Day exponential moving average is 10.30, while Innergex Renewable Energy’s (INE) share price is C$9.94, making it a Sell.
Innergex Renewable Energy’s (INE) 50-Day exponential moving average is 9.88, while Innergex Renewable Energy’s (INE) share price is C$9.94, making it a Buy.

Innergex Renewable Energy (INE) Pivot Points

Jul 21, 2024, 11:14 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
9.40
9.63
9.84
10.07
10.28
10.51
10.72
Fibonacci
9.63
9.80
9.91
10.07
10.24
10.35
10.51
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Innergex Renewable Energy (INE) Moving Averages

Jul 21, 2024, 11:14 PM
Period
Simple
Exponential
MA5
10.25Sell
10.19Sell
MA10
10.40Sell
10.30Sell
MA20
10.36Sell
10.30Sell
MA50
9.88Buy
9.88Buy
MA100
8.98Buy
9.45Buy
MA200
8.86Buy
9.57Buy
Innergex Renewable Energy’s (INE) 10-Day exponential moving average is 10.30, while Innergex Renewable Energy’s (INE) share price is C$9.94, making it a Sell.
Innergex Renewable Energy’s (INE) 100-Day exponential moving average is 9.45, while Innergex Renewable Energy’s (INE) share price is C$9.94, making it a Buy.
Innergex Renewable Energy’s (INE) stock price is C$9.94 and Innergex Renewable Energy’s (INE) 50-day simple moving average is 9.88, creating a Buy signal.
Innergex Renewable Energy’s (INE) stock price is C$9.94 and Innergex Renewable Energy’s (INE) 100-day simple moving average is 8.98, creating a Buy signal.
Innergex Renewable Energy’s (INE) stock price is C$9.94 and Innergex Renewable Energy’s (INE) 200-day simple moving average is 8.86, creating a Buy signal.

Innergex Renewable Energy (INE) Technical Indicators

Jul 21, 2024, 11:14 PM
Name
Value
Implied Action
RSI (14)
42.71
Neutral
STOCH (9,6)
11.49
Buy
STOCHRSI (14)
13.32
Buy
MACD (12,26)
0.08
Buy
ADX (14)
24.15
Neutral
Williams %R
-85.85
Buy
CCI (14)
-192.24
Buy
ATR (14)
0.29
-
Ultimate Oscillator
40.54
Neutral
ROC
-2.83
Sell
Innergex Renewable Energy’s (INE) Relative Strength Index (RSI) is 42.71, creating a Neutral signal.
Innergex Renewable Energy’s (INE) Trend Strength Indicator (ADX) is 24.15, creating a Neutral signal.
Innergex Renewable Energy’s (INE) Commodity Channel Index (CCI) is -192.24, creating a Buy signal.
Innergex Renewable Energy’s (INE) Price Rate of Change (ROC) is -2.83, creating a Sell signal.

FAQ

Is INE a Buy, Hold, or Sell?
Based on INE’s technical indicators, INE is a Buy.
    What is INE’s RSI (14)?
    INE’s RSI (14) is 42.71, which suggests INE is a Neutral.
      What is INE’s MACD?
      INE’s MACD is 0.08, which suggests INE is a Buy.
        What is INE’s 5-day moving average?
        INE’s 5-day moving average is 10.25, which suggests INE is a Sell.
          What is INE’s 20-day moving average?
          INE 20-day moving average is 10.36, which suggests INE is a Sell.
            What is INE’s 50-day moving average?
            INE’s 50-day moving average is 9.88, which suggests INE is a Buy.
              What is INE’s 200-day moving average?
              INE’s 200-day moving average is 8.86, which suggests INE is a Buy.
                What is INE’s Williams % R (14)?
                INE’s Williams % R (14) is -85.85, which suggests INE is a Buy.
                  What is INE’s CCI (14)?
                  INE’s CCI (14) is -192.24, which suggests INE is a Buy.
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