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Hydro One Limited

HRNNF•PNK
Utilities
Regulated Electric
$41.19
$-0.30(-0.73%)
U.S. Market opens in 13h 58m

Hydro One Limited (HRNNF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Hydro One Limited (PNK:HRNNF).

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

HRNNF Technical Analysis Summary

Hydro One Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.02)
Trend Strength:Moderate (ADX: 26.92)
Volatility:Low (ATR: 0.44)
Support/Resistance:$40.36 – $44.62 (Bollinger Bands)

Technical conditions suggest Hydro One Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 43.02

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 14.32

Bullish
Oversold zone signals rebound potential.

Williams %R: -83.56

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.56

Bearish
Selling pressure outweighs buying.

Takeaway:Hydro One Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.13

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.92

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.44

Low
Low volatility, stable price action.

CCI (14): -69.97

Bearish
Bearish, momentum remains under pressure.

Takeaway:Hydro One Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$44.62
Middle Band (SMA 20)
$42.49
Lower Band
$40.36
Current Position
Within Bands

Takeaway:Hydro One Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$42.82
Middle Line (EMA 20)
$41.94
Lower Channel
$41.05
Squeeze Status
No Squeeze

Takeaway:Hydro One Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.28M
Money Flow Index19.42Bullish, oversold conditions signal rebound potential.
Relative Vigor Index40.27Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:HRNNF shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Hydro One Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Hydro One Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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