CARDINAL ENERGY LTD -28 (CJ-WT.CA) Stock Technical Analysis
TSX:CJ-WT -
0.99 CAD
-0.06 (-5.71%)
We assign a technical rating of 7 out of 10 to CJ-WT. Although CJ-WT is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than CJ-WT.
Warning: CJ-WT has an average volume of 13146 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month CJ-WT has a been trading in the 0.72 - 1.05 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CJ-WT has an excellent technical rating, the quality of the presented setup is not ideal 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
0.84
1.02
We found 1 important support area.
- A support zone ranging from 0.85 to 0.86. 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.
- Resistance @1.01 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for CJ-WT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CJ-WT.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CJ-WT.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-WT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CJ-WT.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 55.29 | NEUTRAL | The RSI value for CJ-WT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CJ-WT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.33 | OVERBOUGHT | The high Stochastics value suggests CJ-WT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 8.79 | HIGH VOLATILITY | The high ATR as a percentage value for CJ-WT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.81 | NEGATIVE | The low ADX value for CJ-WT.CA suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 1.02 | 0.84 | 0.18 (17.65%) | 5.67% |
| An entry @1.02. This is a Buy Stop order right above the resistance zone. | An exit @0.84. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.18 points, which is 17.65%. | For a 1.00% total portfolio risk, you can invest 5.67% of your capital in this trade. |
- 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.
TSX:CJ-WT (8/28/2025, 7:00:00 PM)
0.99
-0.06 (-5.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.71%
1 Week10%
2 Weeks16.47%
1 Month4.21%
3 Month41.43%
6 Month90.38%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%8.79%
ATR Inc36.96%
Range Today0.08
ADR(20)0.07
ADR(20)%6.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.05
10 Day Low0.8
20 Day High1.05
20 Day Low0.72
52 Week HighN/A
52 Week LowN/A
CS1 End0.86
CR1 Start1.01
Volume & EV
DER(3)23.18%
DER(5)46.76%
Volume40.75K
Volume Incr121.69%
Vol(5)27.31K
Vol(50)13.15K