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 0 out of 10 to CBV. CBV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
73% of all other stocks performed better in the past year than CBV.
CBV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CBV has a been trading in the 0.12 - 0.17 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: CBV has an average volume of 12915 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CBV is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 48% of 212 stocks in the same industry.
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
When analyzing the support we notice one important area.
- 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 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 27.47 | NEGATIVE | CBV.CA has a low relative strength, it was outperformed by 72.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBV.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CBV.CA is below 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) | 46.48 | 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. |
| Stochastics (14,3) | 8.33 | OVERSOLD | The low Stochastics value suggests CBV.CA may be oversold. |
| Average True Range in percent/ATR (20) | 10.6 | HIGH VOLATILITY | The high ATR as a percentage value for CBV.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 9 | 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 (6/24/2025, 7:00:00 PM)
0.125
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week-21.87%
2 Weeks0%
1 Month-3.85%
3 Month25%
6 Month-7.41%
12 Month-28.57%
2 Year-21.87%
3 Year-35.9%
5 Year92.31%
10 Year-24.24%
15 Year-10.71%
Volatility
ATR(14)0.01
ATR(20)%10.6%
ATR Inc53.13%
Range Today0.02
ADR(20)0
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.47
Mansfield-3.3
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 End0.11
CR1 Start0.14
Volume & EV
DER(3)0%
DER(5)0%
Volume2.00K
Volume Incr2832.69%
Vol(5)75.10K
Vol(50)12.92K