CARDINAL ENERGY LTD (CJ.CA) Stock Technical Analysis
TSX:CJ • CA14150G4007
Taking everything into account, CJ scores 8 out of 10 in our technical rating. Although CJ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 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.
- CJ is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When compared to the yearly performance of all other stocks, CJ outperforms 68% of them, which is more or less in line with the market.
- CJ is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 66% of 210 stocks in the same industry.
CJ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- 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
8.36
3 important support areas can be observed.
- Support @9.30 from a trend line in the daily time frame.
- A support zone ranging from 8.69 to 8.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @8.44 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.93 to 9.95. 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CJ.CA is up. |
| ChartMill Relative Strength | 68.97 | NEUTRAL | CJ.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CJ.CA is above the rising 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) | 61.01 | NEUTRAL | The RSI value for CJ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CJ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.76 | NEUTRAL | The Stochastics value for CJ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for CJ.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.31 | NEGATIVE | The low ADX value for CJ.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 9.96 | 9.19 | 0.77 (7.78%) | 12.85% |
| An entry @9.96. This is a Buy Stop order right above the resistance zone. | An exit @9.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.77 points, which is 7.78%. | When investing 12.85% 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 (2/27/2026, 7:00:00 PM)
9.87
+0.12 (+1.23%)
CARDINAL ENERGY LTD / CJ.CA FAQ
What is the ChartMill technical rating of CARDINAL ENERGY LTD (CJ.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to CJ.CA.
What is the trend direction for CJ stock?
The current trend direction for CARDINAL ENERGY LTD (CJ.CA) is Bullish.
Can you provide the RSI signal for CARDINAL ENERGY LTD?
CARDINAL ENERGY LTD (CJ.CA) has an RSI value of 61.0134. This indicates that the stock is currently neutral.
What is the MACD signal for CJ stock?
The MACD indicator for CARDINAL ENERGY LTD (CJ.CA) has a value of 0.00527896, indicating a bearish trend.
What is the buy/sell signal for CARDINAL ENERGY LTD (CJ.CA) stock?
The buy/sell signal for CARDINAL ENERGY LTD (CJ.CA) is buy as both the short term and long term trends are positive.