CENTAMIN PLC (CEE.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CEE - JE00B5TT1872 - Common Stock
Taking everything into account, CEE scores 5 out of 10 in our technical rating. In the last year, CEE was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- Looking at the yearly performance, CEE did better than 85% of all other stocks. On top of that, CEE also shows a nice and consistent pattern of rising prices.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- CEE is part of the Metals & Mining industry. There are 817 other stocks in this industry, CEE did better than 60% of them.
- CEE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CEE is lagging the market.
- In the last month CEE has a been trading in the 2.26 - 3.07 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.
CEE has an average technical rating and it also does not offer a high 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
2.29
We found 2 important support areas.
- A support zone ranging from 2.47 to 2.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.31 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.49 to 2.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.59 to 2.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.89 from a trend line in the daily 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 CEE.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CEE.CA is down. |
| ChartMill Relative Strength | 85.77 | POSITIVE | CEE.CA has a high relative strength, it outperformed 85.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CEE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CEE.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CEE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.8 | NEUTRAL | The RSI value for CEE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CEE.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.29 | NEUTRAL | The Stochastics value for CEE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for CEE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.18 | NEGATIVE | The low ADX value for CEE.CA suggests a weak or negative trend. |
TSX:CEE (11/20/2024, 7:00:00 PM)
2.48
-0.1 (-3.88%)
CENTAMIN PLC / CEE.CA FAQ
Can you provide the ChartMill technical rating for CENTAMIN PLC?
ChartMill assigns a technical rating of 5 / 10 to CEE.CA.
What is the trend direction for CEE stock?
The current trend direction for CENTAMIN PLC (CEE.CA) is Bearish.
What is the RSI signal for CENTAMIN PLC (CEE.CA) stock?
CENTAMIN PLC (CEE.CA) has an RSI value of 40.8033. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CENTAMIN PLC?
The MACD indicator for CENTAMIN PLC (CEE.CA) has a value of -0.0341146, indicating a bearish trend.
What is the support and resistance level for CEE stock?
CENTAMIN PLC (CEE.CA) has a support level at 2.47 and a resistance level at 2.49. Check the full technical report for our detailed analysis of CEE.CA support and resistance levels.