CONDOR ENERGIES INC (CDR.CA) Stock Technical Analysis
TSX:CDR - Toronto Stock Exchange - CA20676A1084 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to CDR. Recently some decent action could be observed, but in the medium term time frame this is still negative. CDR was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, CDR is a bad performer in the overall market: 72% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CDR is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 50% of 209 stocks in the same industry.
CDR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CDR is lagging the market.
In the last month CDR has a been trading in the 1.55 - 1.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CDR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for CDR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.43
2.59
When analyzing the support we can see 5 important areas.
- Support @1.80 from a trend line in the weekly time frame.
- Support @1.60 from a trend line in the daily time frame.
- A support zone ranging from 1.55 to 1.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.51 from a trend line in the weekly time frame.
- Support @1.44 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.82 to 1.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.93 to 1.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.56 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for CDR.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CDR.CA is up. |
| ChartMill Relative Strength | 28.47 | NEGATIVE | CDR.CA has a low relative strength, it was outperformed by 71.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CDR.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CDR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CDR.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.81 | NEUTRAL | The RSI value for CDR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CDR.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.16 | NEUTRAL | The Stochastics value for CDR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.09 | HIGH VOLATILITY | The high ATR as a percentage value for CDR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.07 | NEGATIVE | The low ADX value for CDR.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:CDR (6/6/2025, 7:00:00 PM)
1.81
+0.02 (+1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.12%
1 Week0.56%
2 Weeks16.77%
1 Month10.37%
3 Month-1.63%
6 Month-5.24%
12 Month-2.16%
2 Year98.9%
3 Year417.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%6.09%
ATR Inc-79.71%
Range Today0.04
ADR(20)0.1
ADR(20)%5.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.47
Mansfield-0.61
10 Day High1.96
10 Day Low1.59
20 Day High1.96
20 Day Low1.55
52 Week High2.72
52 Week Low1.32
CS1 End1.8
CR1 Start1.82
Volume & EV
DER(3)11.49%
DER(5)8.26%
Volume17.21K
Volume Incr-38.15%
Vol(5)31.17K
Vol(50)38.93K