CES ENERGY SOLUTIONS CORP (CEU.CA) Stock Technical Analysis
TSX:CEU - Toronto Stock Exchange - CA15713J1049 - Common Stock - Currency: CAD
Taking everything into account, CEU scores 5 out of 10 in our technical rating. In the past year, CEU was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, CEU does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 7.22, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CEU in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.39
We found 3 important support areas.
- A support zone ranging from 6.93 to 7.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.56 from a trend line in the daily time frame.
- Support @6.45 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.36 to 7.60. This zone is formed by a combination of multiple trend lines and important moving averages 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 CEU.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CEU.CA is neutral. |
| ChartMill Relative Strength | 47.29 | NEUTRAL | CEU.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CEU.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CEU.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.62 | NEUTRAL | The RSI value for CEU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CEU.CA has a negative trend. |
| Stochastics (14,3) | 21.98 | NEUTRAL | The Stochastics value for CEU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for CEU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.94 | POSITIVE | The high ADX value value for CEU.CA suggests a strong trend. |
TSX:CEU (8/5/2025, 7:00:00 PM)
7.25
+0.04 (+0.55%)