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Hydro One Limited

HRNNF•PNK
Utilities
Regulated Electric
$42.41
$0.79(1.90%)
U.S. Market opens in 15h 54m

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: 43.36)
Trend Strength:Weak (ADX: 16.74)
Volatility:Low (ATR: 0.37)
Support/Resistance:$40.77 – $43.27 (Bollinger Bands)

Overall, Hydro One Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 43.36

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 43.15

Neutral
Mid-range signal with no clear trend.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 1.04

Bullish
Steady upward momentum.

Takeaway:Hydro One Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.07

Bullish
Bullish, trend momentum is strengthening.

ADX: 16.74

Weak
Weak trend, market trading sideways.

ATR (14): 0.37

Low
Low volatility, stable price action.

CCI (14): -171.08

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Hydro One Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$43.27
Middle Band (SMA 20)
$42.02
Lower Band
$40.77
Current Position
Within Bands

Takeaway:Hydro One Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$42.95
Middle Line (EMA 20)
$42.22
Lower Channel
$41.49
Squeeze Status
No Squeeze

Takeaway:Hydro One Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.12M
Money Flow Index46.93Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.48Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:HRNNF shows neutral money flow, with no clear directional pressure.

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

Bullish Signals

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.

Overall Recommendation:Technical indicators for Hydro One Limited are mixed, suggesting a Hold or wait-and-see approach.

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