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CARDINAL ENERGY LTD (CJ.CA) Stock Technical Analysis

TSX:CJ - Toronto Stock Exchange - CA14150G4007 - Common Stock - Currency: CAD

6.68  +0.19 (+2.93%)

Technical Rating and Analysis

4

Overall CJ gets a technical rating of 4 out of 10. In the past year, CJ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, CJ is a bad performer in the overall market: 66% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CJ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CJ is lagging the market slightly.
In the last month CJ has a been trading in the 5.99 - 6.55 range, which is quite wide. It is currently trading near the high of this range.
CJ is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, CJ did better than 54% of them.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CARDINAL ENERGY LTD / CJ Weekly stock chart
CARDINAL ENERGY LTD / CJ Daily stock chart
Setup Rating and Analysis

1

CJ has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

6.08

7.04

2 important support areas can be observed.

  • Support @6.52 from a trend line in the weekly time frame.
  • A support zone ranging from 6.14 to 6.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 6.73 to 6.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @6.97 from a horizontal line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for CJ.CA is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CJ.CA is up.
ChartMill Relative Strength34.62NEUTRALCJ.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CJ.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of CJ.CA is above a declining SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of CJ.CA is above a declining SMA(200).
Relative Strength Index/RSI (14)64.14NEUTRALThe RSI value for CJ.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests CJ.CA has a positive trend.
Stochastics (14,3)87.81OVERBOUGHTThe high Stochastics value suggests CJ.CA may be overbought.
Average True Range in percent/ATR (20)1.95LOW VOLATILITYThe low ATR as a percentage value for CJ.CA suggests low volalility.
Average Directional Index/ADX (14)20.93NEUTRALThe ADX value for CJ.CA suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
CARDINAL ENERGY LTD / CJ Daily stock chart

CARDINAL ENERGY LTD

TSX:CJ (6/11/2025, 7:00:00 PM)

6.68

+0.19 (+2.93%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.93%
1 Week2.37%
2 Weeks2.85%
1 Month7.81%
3 Month3.67%
6 Month1.88%
12 Month-1.96%
2 Year-1.37%
3 Year-10.24%
5 Year1124.53%
10 Year-54.71%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.95%
ATR Inc-13.55%
Range Today0.2
ADR(20)0.11
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.62
Mansfield-0.38
10 Day High6.55
10 Day Low6.12
20 Day High6.55
20 Day Low5.99
52 Week High7.19
52 Week Low4.64
CS1 End6.4
CR1 Start6.52
Volume & EV
DER(3)-6.44%
DER(5)-6.5%
Volume1.16M
Volume Incr-18.4%
Vol(5)471.57K
Vol(50)793.98K