Cnooc Ltd (CEO)
US15135B1017 - Common Stock
We assign a technical rating of 7 out of 10 to CEO. Although CEO is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, CEO is a bad performer in the overall market: 67% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
CEO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CEO is performing more or less in line with the market.
In the last month CEO has a been trading in the 110.00 - 131.83 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
CEO has an excellent technical rating, but the quality of the setup is 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
84.98
129.10
When analyzing the support we can see 4 important areas.
- A support zone ranging from 117.01 to 120.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @113.78 from a horizontal line in the daily time frame.
- A support zone ranging from 109.35 to 111.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @85.84 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @125.31 from a trend line in the weekly time frame.
- Resistance @127.82 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.13
Mansfield-0.17
10 Day High131.83
10 Day Low110
20 Day High131.83
20 Day Low110
52 Week High131.83
52 Week Low81.11
Performance
1 Week4.12%
2 Weeks-5.99%
1 Month11.07%
3 Month38.11%
6 Month16.23%
12 Month17.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-1.23
RSI(14)58.03
LBB111.58
UBB133.98
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 125.32 | 117.00 | 8.32 (6.64%) | 15.06% |
| An entry @125.32. This is a Buy Stop order right above the resistance zone. | An exit @117.00. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.32 points, which is 6.64%. | When investing 15.06% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
Cnooc Ltd
NYSE:CEO (3/8/2021, 7:04:00 PM)
After market: 121.76 0 (0%)121.76
+2.07 (+1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.73%
1 Week4.12%
2 Weeks-5.99%
1 Month11.07%
3 Month38.11%
6 Month16.23%
12 Month17.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.52
ATR(20)%3.37%
ATR Inc
Range Today3.64
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High131.83
10 Day Low110
20 Day High131.83
20 Day Low110
52 Week High131.83
52 Week Low81.11
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume113.00K
Volume Incr190.73%
Vol(5)105.80K
Vol(50)243.98K