AQNB technical analysis
AQNB Technical Analysis
Analysis date
August 7, 2026
Market
NYSE (USD)
Daily cutoff
August 6, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
AQNB Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- AQNB
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 6, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 25.57 | August 6, 2026 | - | Verified |
| Verification series | 25.60 | August 6, 2026 | 0.12% | Verified |
Bottom line
AQNB Technical Analysis Summary
AQNB (Algonquin Power & Utilities 6.20% Fixed-to-Floating Subordinated Notes) technical analysis as of the August 6, 2026 cutoff shows a modestly bullish daily setup after a recovery from the mid-July low. On the daily chart, price at 25.57 holds above SMA20 (25.54), SMA50 (25.52), and SMA200 (25.14), with RSI14 at 52.16 just above the 50 midline and a positive MACD histogram of 0.01. The note sits at 81% of its 52-week range, near the upper part of the band it has held for most of the past year. The weekly chart is constructive on trend, with price at 25.71 above all three weekly averages and RSI14 at 62.81, though the weekly MACD histogram has turned slightly negative at -0.03 after the advance. Key resistance is at 25.72 (20-day high), 25.79 (60-day high), and 25.94 (52-week high). Support is at 25.42 (20-day low), 25.35 (60-day low), and 24.97 (20-week low). AQNB is a thinly traded fixed-income instrument anchored near the $25 par value, and its price is driven primarily by SOFR expectations, issuer credit spreads, and call proximity rather than equity-style growth factors, which limits the scope of traditional trend analysis.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 6, 2026)
- Trend
- Bullish but modest. Price at 25.57 holds above SMA20 (25.54), SMA50 (25.52), and SMA200 (25.14). The moving averages are tightly clustered near the par value, with SMA20 only marginally above SMA50, reflecting the low-volatility, range-bound behavior typical of a fixed-income instrument rather than a strong trend.
- Momentum
- Mildly positive. RSI14 at 52.16 sits just above the 50 midline, indicating balanced momentum with a slight constructive tilt. The MACD line at 0.03 is above the signal line at 0.02 with a small positive histogram of 0.01, reflecting a mild improvement from the negative configuration seen in mid-July.
- Volatility
- Low. ATR14 at 0.10 (0.40% of price) reflects very tight daily ranges characteristic of a fixed-income instrument trading near par. Bollinger Bands span 25.40 to 25.67, and the close at 25.57 sits in the upper half of the band, consistent with the recent gentle uptick.
- Volume
- Low. Latest volume of 11,647 is 73.8% of the 20-period average (15,787), indicating below-average participation. AQNB is a thinly traded issue and volume should be interpreted with caution.
Assessment
The daily chart shows the note recovering from the mid-July pullback toward the upper part of its trading range. Price has moved back above all three moving averages, RSI is above 50, and the MACD histogram is marginally positive, a modestly constructive technical posture. The low ATR and narrow Bollinger Bands keep expected moves small, and volume remains light, so the improvement lacks strong participation. The relevant framework for a subordinated note remains yield, call risk, and SOFR expectations, but the daily technical picture at the cutoff is mildly positive within a narrow band.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 25.71 is above SMA20 (25.50), SMA50 (25.02), and SMA200 (21.89). The weekly averages are rising, and price holding above all three confirms the longer-term uptrend. The 52-week high at 25.94 sits just above the current price.
- Momentum
- Positive but pausing. RSI14 at 62.81 is in bullish territory and below the overbought threshold. The MACD line at 0.17 is below the signal line at 0.20 with a small negative histogram of -0.03, indicating that upside momentum has paused after the recent advance rather than strengthening.
- Volatility
- Low. ATR14 at 0.27 (1.04% of price) reflects modest weekly swings typical for a fixed-income instrument. Bollinger Bands span 25.17 to 25.83, and the close at 25.71 sits in the upper portion of the band.
- Volume
- Low. Latest weekly volume of 67,700 is 35.9% of the 20-week average (188,670), indicating reduced participation for this thinly traded issue.
Assessment
The weekly chart shows a clear longer-term uptrend with price near the 52-week high at 25.94. RSI at 62.81 and the small negative MACD histogram suggest the trend is intact but momentum is pausing near resistance. For a yield-oriented instrument, price behavior is primarily driven by SOFR expectations, issuer credit spreads, and call proximity (first call date December 2029) rather than typical equity patterns. A sustained weekly close above 25.94 would extend the uptrend, while the 20-week low at 24.97 is the key downside reference.
Key indicators
AQNB Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 52.16 | 62.81 |
| MACD (12, 26, 9) | 0.03 / 0.02 / 0.01 | 0.17 / 0.20 / -0.03 |
| ATR (14) | 0.10 (0.40%) | 0.27 (1.04%) |
| Bollinger Bands (20, 2) | 25.40 - 25.67 | 25.17 - 25.83 |
| SMA (20) | 25.54 | 25.50 |
| SMA (50) | 25.52 | 25.02 |
| SMA (200) | 25.14 | 21.89 |
Price structure
AQNB Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 25.57 | 25.71 |
| 1-Period Return | -0.25% | +0.90% |
| 5-Period Return | +0.24% | +0.59% |
| 20-Period Return | +0.29% | +1.87% |
| 60-Period Return | -0.61% | +8.95% |
| 252-Period Return | +5.38% | +27.72% |
| 52-Week Low | 23.96 | 23.96 |
| 52-Week High | 25.94 | 25.94 |
| 52-Week Position | 81.13% | 88.20% |
Key levels
AQNB Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 25.72 | 25.94 |
| 20-Period Low | 25.42 | 24.97 |
| 60-Period High | 25.79 | 25.94 |
| 60-Period Low | 25.35 | 23.62 |
Scenarios
AQNB Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks above the 20-day high at 25.72 and then a sustained close above the 52-week high at 25.94, helped by stable or falling SOFR expectations and tighter issuer credit spreads.
Invalidation
Price falls back below SMA20 at 25.54 and loses the 20-day low at 25.42.
What to watch
Daily RSI holding above 55, the MACD histogram staying positive, volume rising on up-days, and the SOFR forward curve shifting lower.
Range-Bound
Trigger
Price continues to oscillate between the 20-day low at 25.42 and the 20-day high at 25.72, with the 52-week high at 25.94 capping upside.
Invalidation
A decisive break above 25.94 or below the 20-week low at 24.97 with sustained follow-through.
What to watch
RSI staying between 45 and 65, the MACD histogram hovering near zero, volume remaining light, and stable SOFR expectations.
Bearish
Trigger
Price breaks below the 20-day low at 25.42 and then the 60-day low at 25.35, potentially toward the $25 par level, driven by rising SOFR or issuer credit concerns.
Invalidation
Price reclaims and holds above SMA20 at 25.54 with improving volume.
What to watch
Daily RSI dropping below 45, the MACD histogram turning more negative, volume picking up on down-days, and issuer credit spreads widening.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 6, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. AQNB is a fixed-to-floating rate subordinated note, not common equity, and carries credit, call, interest rate, subordination, and liquidity risks distinct from common stocks. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 6, 2026, weekly July 27, 2026 week. Generated August 7, 2026.
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