Energy & power

Capital Power (CPX)

C$64.74 +0.3% on the day·−5.1% in a year·close Oct 13, 2026

Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.

Your signal

Hold51 / 100

Hold: 51 is between your Sell line (40) and Buy line (60). Off the high (−14% from its 1-year high) scores 54 and lifts it; Trend (+1% vs 200-day) scores 46 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weight	CPX	Points	Weight	Adds
Plays in	53%	53	40	21.2
Off the high	−14% from its 1-year high	54	30	16.2
Trend	+1% vs 200-day	46	30	13.8

Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for CPX

Factor	CPX	Points	What it is
Plays in	53%	53	The share of the plays you count that hold it now.
Analysts' upside	+20% · 13 analysts	57	How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating	1.9 · buy	54	The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E	124.5×	7	Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E	22.4×	24	Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG	1.43	48	P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth. Source: Yahoo Finance.
Price to sales	2.5×	64	Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book	2.4×	64	Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield	4.3%	84	Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth	–	–	Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher.
Revenue growth	+75%	93	Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Profit margin	3%	26	Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity	2%	22	Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity	1.51×	16	Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high	−14% from its 1-year high	54	How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend	+1% vs 200-day	46	How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum	−5%	28	The price change over the last 12 months. Higher ranks higher.
Low crash exposure	3/10 · moderate	70	The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on CPX

53 of the 100 plays hold CPX right now.
The volume plays mostly say in; the pattern plays mostly say out.
It closed 1% above its 200-day average and 14% below its 52-week high.
Crash exposure reads moderate: it operating profit covers interest only 1.6×.
Analysts' average 12-month target is C$77.46, 20% above the close (13 analysts).

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in53 / 100Every play Be The Puck tests, in 7 families.

Crash exposureModerate3 of 10 on the storm test Mayer Multiple1.01×Price ÷ its 200-day average (+1%). Higher than on 36% of days since 2010. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about CPX now.

Trend followingHoly GrailOUT42% of 12,813 calls rightOn CPX: right 16 of 40 · Out since Nov 3, 2025 Breakouts & channelsP&F Double TopOUT37% of 36,314 calls rightOn CPX: right 12 of 32 · Out since Sep 11, 2026 Momentum12-1 MomentumIN44% of 8,156 calls rightOn CPX: right 12 of 22 · In since Jan 30, 2026 Mean reversionBollinger ReversionOUT64% of 53,095 calls rightOn CPX: right 97 of 150 · Out since Sep 23, 2026 Volume & money flowMoney Flow IndexIN59% of 13,925 calls rightOn CPX: right 19 of 29 · In since Sep 17, 2026 Candles & chart patternsEngulfing SwitchOUT50% of 38,976 calls rightOn CPX: right 50 of 106 · Out since Jun 29, 2026 CalendarHalloween IndicatorOUT54% of 12,345 calls rightOn CPX: right 14 of 34 · Out since Apr 30, 2026

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

CPX, day by day

How to read candlesticks

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved CPX lately

Its biggest move against the S&P/TSX in the last 30 sessions, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Tue Oct 6+3.2% against the S&P/TSX2.0× a normal day

CPX +3.6%, the S&P/TSX +0.4% that session; +2.7% against the S&P/TSX over five sessions.

Headlinekalkine.ca · Oct 6, 11:44 am ET
Capital Power Corporation (TSX:CPX) Jumps +2.54% as Investors Focus on Ai-Linked Electricity Demand
HeadlineMoomoo · Oct 6, 8:00 pm ETafter that close
Data Centres Need Power, but Higher Rates Change the Math: I'd Watch This TSX Stock

Next earnings report

Wed Oct 28, 2026 before the open

From Yahoo Finance's calendar; dates can move. Analysts expect earnings per share of 0.91.

Over its last 12 reports, CPX's typical move against the S&P/TSX at the first close after the report was ±2.3% (median size, either way); it finished ahead of the index 6 times.
CPX after beats of 5% or more: ahead of its index at the first close after the report 11 of 15 times (median +0.8%).
CPX after misses of any size: behind its index at the first close after the report 16 of 33 times (median +0.0%).
Across all covered stocks, beats of 5% or more were followed by a gain against the index 64% of the time and misses by a drop 62% of the time.

Whether a report beats is only known once it is out, so these say how the stock has reacted, not which way it will go.

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on CPX

All 100 plays, by family.

Trend following17 of 30 in Breakouts & channels7 of 15 in Momentum11 of 17 in Mean reversion5 of 15 in Volume & money flow9 of 9 in Candles & chart patterns0 of 3 in Calendar4 of 11 in

Calls right: how often the play's calls on CPX went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2009. Click a column to sort.Sort with the menu above the list.

Play	Call	Since	Next move	Calls right	Annual return	Worst drawdown
Trend following
PB EMABitcoin Playboy · daily	IN	Oct 5, 2026 +4.0%	Exit below C$62.75 (−3.1%)	29% 136/470	+6.5% / +13.3%	−34.0% / −47.4%
Bull Market Support BandBenjamin Cowen · weekly	OUT	Jul 31, 2026 −0.6%	Enter above C$66.64 (+2.9%)	24% 18/75	+6.5% / +13.1%	−42.6% / −47.4%
Ripster EMA CloudRipster · daily	IN	Oct 6, 2026 +0.4%	Exit below C$63.00 (−2.7%)	25% 61/246	+7.1% / +13.1%	−31.7% / −47.4%
Trend TemplateMark Minervini · daily	OUT	Jul 27, 2026 −7.1%	Not on one close	21% 20/96	+2.7% / +13.2%	−33.0% / −47.4%
Stage AnalysisStan Weinstein · weekly	OUT	Aug 21, 2026 −0.3%	Enter above C$66.07 (+2.0%)	22% 14/63	+6.2% / +12.9%	−37.4% / −47.4%
Stage 2 + Mansfield RSStan Weinstein · weekly	OUT	Jul 31, 2026 −0.6%	Enter above C$69.45 (+7.3%)	19% 14/73	+2.0% / +13.1%	−37.4% / −47.4%
10-Month SMAMeb Faber · month-end	OUT	Aug 31, 2026 +2.6%	Enter above C$64.44 (−0.5%)	31% 11/35	+9.5% / +13.1%	−47.4% / −47.4%
200-Day RulePaul Tudor Jones · daily	IN	Oct 6, 2026 +0.4%	Exit below C$63.97 (−1.2%)	14% 17/122	+9.3% / +13.1%	−34.5% / −47.4%
Golden CrossMarket tradition · daily	OUT	Oct 2, 2026 +5.3%	Enter above C$122.32 (+88.9%)	43% 10/23	+8.9% / +13.1%	−47.4% / −47.4%
Granville 200-DayJoseph E. Granville · daily	IN	Oct 6, 2026 +0.4%	Exit below C$63.97 (−1.2%)	20% 15/76	+8.0% / +13.1%	−30.1% / −47.4%
Hull Moving AverageAlan Hull · weekly	IN	Oct 9, 2026 +0.3%	Exit below C$58.84 (−9.1%)	33% 38/114	+5.7% / +13.2%	−50.8% / −47.4%
Kaufman Adaptive MAPerry J. Kaufman · daily	IN	Sep 28, 2026 +5.4%	Exit below C$63.40 (−2.1%)	27% 158/576	+5.8% / +13.4%	−30.7% / −47.4%
TEMA CrossoverPatrick G. Mulloy · daily	IN	Sep 21, 2026 +5.1%	Exit below C$42.55 (−34.3%)	39% 78/202	+6.1% / +13.1%	−34.4% / −47.4%
Seykota 15/150Ed Seykota · daily	IN	Jun 5, 2024 +85.3%	Exit below C$45.93 (−29.1%)	28% 5/18	+8.8% / +12.7%	−49.1% / −47.4%
Guppy Multiple MAsDaryl Guppy · daily	OUT	Jul 28, 2026 −3.9%	Enter above C$73.71 (+13.9%)	24% 24/99	+6.6% / +13.2%	−36.5% / −47.4%
Ichimoku CloudGoichi Hosoda · daily	OUT	Jul 29, 2026 −0.8%	Enter above C$68.70 (+6.1%)	22% 21/94	+5.6% / +13.5%	−38.4% / −47.4%
SupertrendOlivier Seban · daily	IN	Oct 6, 2026 +0.4%	Exit below C$60.21 (−7.0%)	35% 39/112	+7.3% / +13.3%	−27.8% / −47.4%
Williams AlligatorBill Williams · daily	OUT	Jul 22, 2026 −10.4%	Not on one close	42% 91/219	+5.9% / +13.3%	−35.4% / −47.4%
Vortex IndicatorEtienne Botes & Douglas Siepman · daily	IN	Oct 1, 2026 +5.4%	Exit below C$58.63 (−9.4%)	41% 169/412	+8.5% / +13.1%	−34.4% / −47.4%
AroonTushar S. Chande · daily	IN	Oct 6, 2026 +0.4%	Exit below C$57.27 (−11.5%)	30% 51/172	+7.0% / +13.4%	−30.1% / −47.4%
Parabolic SARJ. Welles Wilder Jr. · daily	IN	Sep 17, 2026 +6.1%	Exit below C$62.07 (−4.1%)	42% 163/390	+7.1% / +13.1%	−33.8% / −47.4%
ADX TrendJ. Welles Wilder Jr. · daily	OUT	Jul 27, 2026 −7.1%	Enter above C$163.09 (+151.9%)	33% 42/126	+4.7% / +13.5%	−29.6% / −47.4%
MACD Zero LineGerald Appel · daily	IN	Oct 8, 2026 +1.1%	Exit below C$58.77 (−9.2%)	31% 45/147	+8.8% / +14.0%	−31.1% / −47.4%
Zweig 4% ModelMartin Zweig · weekly	IN	Oct 9, 2026 +0.3%	Exit below C$61.98 (−4.3%)	32% 40/125	+3.8% / +13.4%	−45.5% / −47.4%
MAMA/FAMA CrossJohn F. Ehlers · daily	IN	Oct 7, 2026 +0.7%	Not on one close	32% 56/175	+6.9% / +14.0%	−38.4% / −47.4%
Schaff Trend CycleDoug Schaff · daily	IN	Sep 21, 2026 +5.1%	Not on one close	33% 63/193	+1.2% / +13.1%	−35.5% / −47.4%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · daily	IN	Oct 8, 2026 +1.1%	Exit below C$59.81 (−7.6%)	34% 34/101	+7.4% / +13.1%	−31.1% / −47.4%
DP Trend ModelCarl Swenlin & Erin Swenlin · daily	OUT	Aug 5, 2026 −0.3%	Enter above C$77.61 (+19.9%)	28% 20/71	+7.3% / +13.1%	−42.4% / −47.4%
Elder Triple ScreenAlexander Elder · daily	OUT	Jul 17, 2026 −8.4%	Not on one close	35% 48/138	−0.1% / +13.0%	−51.1% / −47.4%
Holy GrailLinda Bradford Raschke & Larry Connors · daily	OUT	Nov 3, 2025 −8.1%	Not on one close	40% 16/40	+1.7% / +14.0%	−11.7% / −47.4%
Breakouts & channels
Four-Week RuleRichard Donchian · daily	IN	Oct 6, 2026 +0.4%	Exit below C$57.27 (−11.5%)	31% 33/105	+6.1% / +13.3%	−31.9% / −47.4%
Turtle System 1Richard Dennis & William Eckhardt · daily	OUT	Jul 16, 2026 −8.8%	Enter above C$72.91 (+12.6%)	33% 36/108	+5.7% / +13.7%	−22.7% / −47.4%
Turtle System 2Richard Dennis & William Eckhardt · daily	OUT	Jul 27, 2026 −7.1%	Enter above C$72.91 (+12.6%)	35% 27/78	+5.6% / +13.7%	−26.5% / −47.4%
Clenow TrendAndreas F. Clenow · daily	OUT	Jul 27, 2026 −7.1%	Enter above C$111.74 (+72.6%)	36% 25/70	+8.9% / +13.1%	−24.6% / −47.4%
Darvas BoxNicolas Darvas · daily	IN	Oct 6, 2026 +0.4%	Exit below C$57.27 (−11.5%)	29% 29/99	+1.8% / +13.3%	−29.8% / −47.4%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · daily	OUT	Jun 10, 2026 −3.2%	Enter above C$65.77 (+1.6%)	34% 39/116	+4.2% / +13.4%	−28.4% / −47.4%
Bollinger BreakoutJohn Bollinger · daily	IN	Oct 6, 2026 +0.4%	Exit below C$62.07 (−4.1%)	33% 57/173	+4.6% / +13.3%	−24.8% / −47.4%
Chandelier ExitChuck LeBeau · daily	IN	Oct 6, 2026 +0.4%	Exit below C$60.72 (−6.2%)	34% 48/143	+6.6% / +13.4%	−35.6% / −47.4%
Wilder Volatility SystemJ. Welles Wilder Jr. · daily	IN	Sep 23, 2026 +4.6%	Exit below C$60.55 (−6.5%)	32% 44/138	+5.5% / +13.3%	−35.2% / −47.4%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · daily	OUT	Sep 11, 2026 +7.7%	Enter above C$76.46 (+18.1%)	38% 12/32	+9.3% / +13.9%	−34.8% / −47.4%
Chande Kroll StopTushar S. Chande & Stanley Kroll · daily	IN	Oct 5, 2026 +4.0%	Exit below C$61.00 (−5.8%)	29% 68/235	+7.2% / +13.6%	−35.1% / −47.4%
Acceleration BandsPrice Headley · daily	OUT	Jun 5, 2026 −5.2%	Not on one close	24% 37/152	+0.2% / +13.3%	−14.7% / −47.4%
TTM SqueezeJohn F. Carter · daily	OUT	Apr 14, 2026 −1.4%	Not on one close	31% 32/102	+0.4% / +13.4%	−18.8% / −47.4%
NR7 BreakoutToby Crabel · daily	IN	Oct 2, 2026 +5.3%	Exit below C$60.80 (−6.1%)	34% 168/493	+6.0% / +13.1%	−32.0% / −47.4%
Bollinger SqueezeJohn Bollinger · daily	OUT	Jun 27, 2025 +23.5%	Not on one close	21% 6/28	+1.4% / +13.0%	−11.2% / −47.4%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-end	OUT	Sep 30, 2026 +5.6%	Enter above C$70.50 (+8.9%)	52% 11/21	+10.3% / +13.2%	−47.4% / −47.4%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-end	IN	Jan 30, 2026 +11.8%	Flips at next check	55% 12/22	+10.0% / +13.2%	−47.4% / −47.4%
Dual MomentumGary Antonacci · month-end	OUT	Jul 31, 2026 −0.6%	Enter above C$78.40 (+21.1%)	44% 11/25	+5.3% / +13.2%	−47.4% / −47.4%
Stocks on the MoveAndreas F. Clenow · daily	OUT	Jul 29, 2026 −0.8%	Not on one close	23% 21/93	+8.5% / +13.2%	−28.0% / −47.4%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-end	OUT	Aug 31, 2026 +2.6%	Enter above C$71.33 (+10.2%)	45% 5/11	+8.2% / +12.9%	−47.4% / −47.4%
Levy Relative StrengthRobert A. Levy · weekly	OUT	Jul 31, 2026 −0.6%	Enter above C$68.82 (+6.3%)	31% 31/101	+5.0% / +13.2%	−37.4% / −47.4%
MACD Signal CrossGerald Appel · daily	IN	Sep 21, 2026 +5.1%	Exit below C$56.40 (−12.9%)	35% 119/343	+6.2% / +14.0%	−28.7% / −47.4%
Elder ImpulseAlexander Elder · daily	IN	Sep 28, 2026 +5.4%	Exit below C$63.07 (−2.6%)	34% 186/553	+7.1% / +14.0%	−27.3% / −47.4%
Know Sure ThingMartin J. Pring · daily	IN	Sep 23, 2026 +4.6%	Exit below C$42.48 (−34.4%)	38% 95/250	+2.4% / +13.5%	−41.4% / −47.4%
Coppock CurveEdwin S. C. Coppock · month-end	IN	May 31, 2024 +85.2%	Not on one close	44% 4/9	+12.7% / +13.0%	−47.4% / −47.4%
CCI +100Donald R. Lambert · daily	IN	Oct 6, 2026 +0.4%	Exit below C$63.54 (−1.8%)	28% 139/491	+1.5% / +13.3%	−20.2% / −47.4%
TRIX Signal CrossJack K. Hutson · daily	IN	Sep 24, 2026 +5.7%	Exit below C$20.11 (−68.9%)	38% 75/200	+4.3% / +13.1%	−35.1% / −47.4%
TSI Zero LineWilliam Blau · daily	IN	Oct 8, 2026 +1.1%	Exit below C$58.78 (−9.2%)	29% 42/144	+8.3% / +13.1%	−29.6% / −47.4%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-end	OUT	Jul 31, 2026 −0.6%	Enter above C$62.64 (−3.2%)	32% 18/56	+11.6% / +13.2%	−31.4% / −47.4%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-end	IN	Jan 30, 2026 +11.8%	Flips at next check	47% 9/19	+10.3% / +14.7%	−47.4% / −47.4%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · daily	IN	Jan 30, 2026 +11.8%	Not on one close	50% 11/22	+9.0% / +13.2%	−47.4% / −47.4%
PMO Signal CrossCarl Swenlin · daily	IN	Sep 22, 2026 +5.1%	Exit below C$51.73 (−20.1%)	34% 86/254	+3.5% / +13.1%	−43.6% / −47.4%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · daily	IN	Sep 16, 2026 +9.9%	Not on one close	58% 18/31	+5.1% / +13.2%	−45.4% / −47.4%
RSI(2) PullbackLarry Connors & Cesar Alvarez · daily	OUT	Aug 4, 2026 −2.7%	Not on one close	58% 144/248	+1.0% / +13.1%	−37.3% / −47.4%
Double 7sLarry Connors & Cesar Alvarez · daily	OUT	Sep 21, 2026 +5.1%	Not on one close	58% 172/295	+1.8% / +13.1%	−46.0% / −47.4%
Bollinger ReversionJohn Bollinger · daily	OUT	Sep 23, 2026 +4.6%	Buy below C$58.47 (−9.7%)	65% 97/150	+6.0% / +13.3%	−37.9% / −47.4%
Stochastic 20/80George C. Lane · daily	OUT	Oct 8, 2026 +1.1%	Not on one close	71% 91/128	+7.8% / +13.2%	−28.6% / −47.4%
Williams %RLarry Williams · daily	OUT	Oct 2, 2026 +5.3%	Not on one close	68% 148/218	+8.5% / +13.1%	−45.4% / −47.4%
DeMark 9-CountTom DeMark · daily	OUT	Oct 13, 2026 0.0%	Not on one close	68% 45/66	+10.6% / +13.0%	−41.4% / −47.4%
Mayer MultipleTrace Mayer · daily	IN	May 26, 2010 +668.2%	Sell above C$154.61 (+138.8%)	–	+13.1% / +13.1%	−47.4% / −47.4%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · daily	OUT	Nov 28, 2025 +10.2%	Not on one close	42% 5/12	+1.1% / +13.1%	−20.3% / −47.4%
Laguerre RSIJohn F. Ehlers · daily	OUT	Oct 7, 2026 +0.7%	Not on one close	54% 139/258	+6.3% / +13.4%	−45.4% / −47.4%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · daily	IN	Sep 16, 2026 +9.9%	Exit below C$64.21 (−0.8%)	60% 201/333	+11.8% / +13.4%	−45.4% / −47.4%
IBS ReversionAlexander S. Pagonidis · daily	OUT	Oct 5, 2026 +4.0%	Buy below C$64.74 (0.0%)	59% 764/1302	+3.9% / +13.5%	−25.8% / −47.4%
Connors %bLarry Connors & Cesar Alvarez · daily	OUT	Oct 6, 2026 +0.4%	Not on one close	58% 40/69	+2.7% / +13.1%	−35.6% / −47.4%
Fisher TransformJohn F. Ehlers · daily	IN	Oct 6, 2026 +0.4%	Exit below C$63.02 (−2.7%)	38% 304/797	+8.2% / +14.0%	−35.8% / −47.4%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-end	IN	Jul 31, 2026 −0.6%	Sell above C$62.54 (−3.4%)	59% 55/94	+5.6% / +13.7%	−38.6% / −47.4%
Volume & money flow
On-Balance VolumeJoseph E. Granville · daily	IN	Sep 29, 2026 +5.3%	Not on one close	28% 150/533	+6.9% / +13.3%	−45.1% / −47.4%
Chaikin Money FlowMarc Chaikin · daily	IN	Oct 8, 2026 +1.1%	Not on one close	37% 52/141	+2.8% / +13.3%	−41.6% / −47.4%
Money Flow IndexGene Quong & Avrum Soudack · daily	IN	Sep 17, 2026 +6.1%	Not on one close	66% 19/29	+5.3% / +13.2%	−20.1% / −47.4%
Negative Volume IndexNorman Fosback & Paul Dysart · daily	IN	Jan 9, 2026 +12.6%	Exit below C$62.12 (−4.0%)	35% 30/86	+9.3% / +13.1%	−54.2% / −47.4%
Force IndexAlexander Elder · daily	IN	Oct 5, 2026 +4.0%	Exit below C$62.96 (−2.7%)	31% 149/481	+7.2% / +13.5%	−31.7% / −47.4%
Buff AveragesBuff Dormeier · daily	IN	Sep 24, 2026 +5.7%	Exit below C$50.29 (−22.3%)	34% 100/296	+3.4% / +13.3%	−43.6% / −47.4%
Chaikin OscillatorMarc Chaikin · daily	IN	Sep 28, 2026 +5.4%	Not on one close	32% 139/441	−1.4% / +13.3%	−48.8% / −47.4%
Volume Flow IndicatorMarkos Katsanos · daily	IN	May 26, 2026 −5.5%	Exit below C$64.08 (−1.0%)	37% 28/76	+7.4% / +13.1%	−47.4% / −47.4%
Klinger OscillatorStephen J. Klinger · daily	IN	Sep 18, 2026 +6.7%	Not on one close	36% 241/669	+7.8% / +13.2%	−35.2% / −47.4%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · daily	OUT	Jun 29, 2026 −10.6%	Not on one close	47% 50/106	+5.3% / +13.1%	−47.4% / −47.4%
HikkakeDaniel L. Chesler · daily	OUT	May 19, 2026 +5.0%	Not on one close	34% 24/70	+3.1% / +13.1%	−43.8% / −47.4%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · daily	OUT	May 8, 2026 −0.1%	Not on one close	48% 19/40	+3.3% / +13.3%	−10.1% / −47.4%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 30, 2026 +1.7%	Buys Oct 30	41% 14/34	+6.6% / +13.5%	−47.4% / −47.4%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 14, 2026 −1.4%	Not on one close	38% 13/34	+5.9% / +14.0%	−47.4% / −47.4%
Seasonal TimingSy Harding · daily	OUT	Apr 20, 2026 +0.4%	Window opens Oct 16	41% 14/34	+4.8% / +14.0%	−47.4% / −47.4%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · daily	OUT	Jan 5, 2026 +13.3%	Buys Dec 23	50% 17/34	+2.2% / +13.5%	−5.8% / −47.4%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · daily	OUT	Oct 5, 2026 +4.0%	Buys Oct 29	50% 208/412	+3.5% / +13.5%	−19.8% / −47.4%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · daily	IN	Sep 30, 2026 +5.6%	Sells Jun 30	22% 2/9	+1.0% / +13.5%	−27.4% / −47.4%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · daily	OUT	Sep 4, 2026 +3.9%	Buys Nov 24	46% 139/304	+0.9% / +13.5%	−13.9% / −47.4%
January BarometerYale Hirsch & Jeffrey Hirsch · month-end	IN	Dec 30, 2022 +69.6%	Not on one close	43% 6/14	+8.6% / +13.2%	−33.8% / −47.4%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · daily	IN	Oct 13, 2026 0.0%	Sells Oct 16	51% 907/1791	+6.3% / +13.5%	−35.3% / −47.4%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · daily	OUT	Sep 16, 2026 +9.9%	Buys Oct 27	45% 123/274	+1.0% / +13.5%	−14.9% / −47.4%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · daily	IN	Oct 2, 2026 +5.3%	Sells Oct 16	48% 204/425	+6.6% / +13.5%	−36.4% / −47.4%
Benchmark
Buy & HoldJohn C. Bogle · benchmark	IN	Aug 10, 2009	Always in	–	+13.5%	−47.4%

If the market cracks: the storm test

How the storm test works

ExposureModerate3 of 10 points

Market swings0/3
Past crashes0/2
Debt3/3
Run-up0/2

It operating profit covers interest only 1.6×.

Past crashes, peak to low

COVID crash Feb 2020 to Mar 2020 · back to its old high Jan 2021

CPX−47%

TSX−37%

2022 bear market Jan 2022 to Jan 2022 · back to its old high Jan 2022

CPX−5%

TSX−14%

Beta0.99Moves about 1.0× as much as the TSX week to week.
Downside capture3%In months the TSX fell, this fell 3% as much on average (it often rose anyway).
Two-year change+41%
From 52-week high−14%
Debt to equity1.47×
Net debt / EBITDA6.4×Years of operating cash earnings it would take to pay off its debt.
Interest cover1.6×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Utilities - Independent Power Producers · Capital Power Corporation develops, acquires, owns, and operates utility-scale renewable and flexible generation facilities in Canada and the United States. The company generates electricity from various energy sources, including wind, waste heat, solar, landfill gas, gas, and battery storage. It also manages its related electricity and natural gas portfolios by undertaking trading and marketing activities.

Size and valuation
Market cap	C$10.2B	What the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)	C$4.1B	Total sales. The market values it at 2.5× sales.
P/E ratio	124.5×	Buyers pay C$124 for each C$1 of the last year's profit.
Forward P/E	22.4×	Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book	2.4×	Price against the company's net assets (its equity) per share.

Profit and growth
Profit margin	2.7%	Keeps 3¢ of each dollar of sales as profit.
Revenue growth	+75.4%	Last quarter's sales against the same quarter a year earlier.
Return on equity	2.4%	Yearly profit as a share of shareholders' money in the business.
Free cash flow	−C$98.9M	Burning cash: needs savings or new money to keep going.

Balance sheet
Total equity	C$4.9B	What it owns minus what it owes.
Total debt	C$7.2B	Loans and bonds it has to pay back, with interest.
Cash	C$153M	Cash and short-term investments on hand.
Debt to equity	1.47×	Moderate.
Interest cover	1.6×	Operating profit divided by interest. Under 2× means one bad year could make the interest hard to pay.

Wall Street
Average analyst target	C$77.46	20% above the close, from 13 analysts (range C$57.00 to C$88.00).
Consensus rating	Buy	Analysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield	4.30%	Yearly dividends as a share of the price.

Company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

Reports for Be The Puck Members.

CPX: the briefWhat the plays, the levels and the business say, in plain English. Rebuilt nightly.Members Energy & power: what the plays sayEvery covered name in the sector, side by side.Members Debt decides who survives a crashThe storm test on every covered stock.Members Is this a bubble?The gauges in October 2026, and what history says about timing.Members

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