CANASIA ENERGY CORP (CEC.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:CEC • CA13722B1058
Taking everything into account, CEC scores 2 out of 10 in our technical rating. CEC'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.
- When comparing the yearly performance of all stocks, CEC is a bad performer in the overall market: 92% of all stocks are doing better.
- CEC is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, of which 81% are performing better than CEC.
- CEC 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.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month CEC has a been trading in the 0.07 - 0.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
CEC has a poor technical rating and the quality of the setup is also only medium 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
0.07
When analyzing the support we notice one important area.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.12 to 0.12. 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 | NEUTRAL | NEUTRAL | The long term trend for CEC.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CEC.CA is up. |
| ChartMill Relative Strength | 8.77 | NEGATIVE | CEC.CA has a low relative strength, it was outperformed by 91.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CEC.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CEC.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CEC.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.79 | NEUTRAL | The RSI value for CEC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CEC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.67 | OVERBOUGHT | The high Stochastics value suggests CEC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.56 | HIGH VOLATILITY | The high ATR as a percentage value for CEC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.69 | NEGATIVE | The low ADX value for CEC.CA suggests a weak or negative trend. |
TSX-V:CEC (1/28/2026, 7:00:00 PM)
0.08
-0.01 (-11.11%)
CANASIA ENERGY CORP / CEC.CA FAQ
What is the technical rating for CEC stock?
ChartMill assigns a technical rating of 2 / 10 to CEC.CA.
Can you provide the trend direction for CANASIA ENERGY CORP?
The current trend direction for CANASIA ENERGY CORP (CEC.CA) is Bearish.
Can you provide the RSI signal for CANASIA ENERGY CORP?
CANASIA ENERGY CORP (CEC.CA) has an RSI value of 51.7923. This indicates that the stock is currently neutral.
What is the short term momentum for CEC stock?
The short term momentum for CANASIA ENERGY CORP (CEC.CA) is positive.
What are the support and resistance levels for CANASIA ENERGY CORP (CEC.CA) stock?
CANASIA ENERGY CORP (CEC.CA) has a support level at 0.07 and a resistance level at 0.09. Check the full technical report for our detailed analysis of CEC.CA support and resistance levels.