COBRA VENTURE CORP (CBV.CA) Stock Technical Analysis
TSX-V:CBV - TSX Venture Exchange - CA19104W1041 - Common Stock - Currency: CAD
We assign a technical rating of 2 out of 10 to CBV. CBV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
Warning: CBV has an average volume of 12865 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, CBV outperforms 51% of them, which is more or less in line with the market.
CBV is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 53% of 210 stocks in the same industry.
CBV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CBV is lagging the market.
In the last month CBV has a been trading in the 0.12 - 0.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of CBV is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.11
0.16
We found 3 important support areas.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.11 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CBV.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CBV.CA is neutral. |
| ChartMill Relative Strength | 51.09 | NEUTRAL | CBV.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBV.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CBV.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CBV.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.85 | NEUTRAL | The RSI value for CBV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CBV.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25 | NEUTRAL | The Stochastics value for CBV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.82 | HIGH VOLATILITY | The high ATR as a percentage value for CBV.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 8.35 | NEGATIVE | The low ADX value for CBV.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:CBV (7/8/2025, 7:00:00 PM)
0.14
+0.02 (+12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg12%
1 Week7.69%
2 Weeks7.69%
1 Month3.7%
3 Month40%
6 Month3.7%
12 Month-20%
2 Year-12.5%
3 Year-15.15%
5 Year75%
10 Year-3.45%
15 Year-6.67%
Volatility
ATR(14)0.01
ATR(20)%9.82%
ATR Inc40%
Range Today0
ADR(20)0
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.09
Mansfield-2.66
10 Day High0.16
10 Day Low0.12
20 Day High0.17
20 Day Low0.12
52 Week High0.23
52 Week Low0.1
CS1 End0.14
CR1 Start0.15
Volume & EV
DER(3)0%
DER(5)0%
Volume500
Volume Incr2828.79%
Vol(5)75.00K
Vol(50)12.87K