CARDINAL ENERGY LTD (CJ.CA) Stock Technical Analysis
TSX:CJ - Toronto Stock Exchange - CA14150G4007 - Common Stock - Currency: CAD
Taking everything into account, CJ scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CJ is only an average performer.
The long and short term trends are both positive. This is looking good!
CJ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CJ has a been trading in the 6.66 - 7.27 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, CJ outperforms 47% of them, which is more or less in line with the market.
CJ is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, CJ did better than 54% of them.
Although CJ 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
6.17
7.43
We found 3 important support areas.
- A support zone ranging from 6.88 to 6.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.55 to 6.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.23 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.16 to 7.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.36 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CJ.CA is up. |
| ChartMill Relative Strength | 47.11 | NEUTRAL | CJ.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CJ.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CJ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CJ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.43 | NEUTRAL | The RSI value for CJ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CJ.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.95 | NEUTRAL | The Stochastics value for CJ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for CJ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 28.77 | POSITIVE | The high ADX value value for CJ.CA suggests a strong 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 |
|---|---|---|---|
| 7.22 | 6.87 | 0.35 (4.85%) | 20.63% |
| An entry @7.22. This is a Buy Stop order right above the resistance zone. | An exit @6.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.35 points, which is 4.85%. | When investing 20.63% 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.
TSX:CJ (7/17/2025, 7:00:00 PM)
7.04
+0.1 (+1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.44%
1 Week2.62%
2 Weeks5.39%
1 Month-1.54%
3 Month15.22%
6 Month7.15%
12 Month1.59%
2 Year-1.95%
3 Year-24.3%
5 Year1280.39%
10 Year-42.3%
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%1.99%
ATR Inc73.96%
Range Today0.24
ADR(20)0.13
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.11
Mansfield0.04
10 Day High7.23
10 Day Low6.66
20 Day High7.27
20 Day Low6.66
52 Week High7.27
52 Week Low4.64
CS1 End6.91
CR1 Start7.16
Volume & EV
DER(3)-2.54%
DER(5)-4.23%
Volume930.38K
Volume Incr-9.35%
Vol(5)630.88K
Vol(50)635.22K