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Boralex Inc.

BRLXF•PNK
Utilities
Renewable Utilities
$20.19
$1.03(5.38%)
U.S. Market opens in 10h 3m

Boralex Inc. (BRLXF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Boralex Inc. (PNK:BRLXF).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BRLXF Technical Analysis Summary

Boralex Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 64.10)
Trend Strength:Weak (ADX: 15.89)
Volatility:Low (ATR: 0.24)
Support/Resistance:$18.91 – $20.18 (Bollinger Bands)

This mix signals that Boralex Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 64.10

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 36.82

Bearish
Momentum remains weak below midpoint.

Williams %R: -1.90

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 3.17

Bullish
Steady upward momentum.

Takeaway:Boralex Inc. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.10

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.89

Weak
Weak trend, market trading sideways.

ATR (14): 0.24

Low
Low volatility, stable price action.

CCI (14): 281.33

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Boralex Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$20.18
Middle Band (SMA 20)
$19.55
Lower Band
$18.91
Current Position
Above Upper Band

Takeaway:Boralex Inc. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$19.89
Middle Line (EMA 20)
$19.41
Lower Channel
$18.93
Squeeze Status
No Squeeze

Takeaway:Boralex Inc. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume342.77K
Money Flow Index59.82Neutral, balanced money flows with no clear signal.
Relative Vigor Index41.12Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:BRLXF shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Boralex Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Boralex Inc. are mixed, suggesting a Hold or wait-and-see approach.

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