CARDINAL ENERGY LTD (CJ-DB-A.CA) Stock Technical Analysis
TSX:CJ-DB-A - Toronto Stock Exchange - - Currency: CAD
Taking everything into account, CJ-DB-A scores 5 out of 10 in our technical rating. In the last year, CJ-DB-A was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
CJ-DB-A 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.
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97.61
When analyzing the support we notice one important area.
- A support zone ranging from 98.60 to 99.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 100.01 to 100.01. 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 | UP | POSITIVE | The long term trend for CJ-DB-A.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CJ-DB-A.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CJ-DB-A.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CJ-DB-A.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CJ-DB-A.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 64.22 | NEUTRAL | The RSI value for CJ-DB-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.75 | NEGATIVE | The MACD value suggests CJ-DB-A.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests CJ-DB-A.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.2 | LOW VOLATILITY | The low ATR as a percentage value for CJ-DB-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.79 | NEUTRAL | The ADX value for CJ-DB-A.CA suggests a possible start of a new trend. |
TSX:CJ-DB-A (6/9/2025, 7:00:00 PM)
100
+0.01 (+0.01%)