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CARGOJET INC (CJT.CA) Stock Technical Analysis

TSX:CJT - Toronto Stock Exchange - CA14179V5036 - Common Stock - Currency: CAD

112.04  0 (0%)

Technical Rating and Analysis

1

Overall CJT gets a technical rating of 1 out of 10. CJT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, CJT is a bad performer in the overall market: 81% of all stocks are doing better.
CJT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
In the last month CJT has a been trading in the 105.01 - 128.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CARGOJET INC / CJT Weekly stock chart
CARGOJET INC / CJT Daily stock chart
Setup Rating and Analysis

2

The technical rating of CJT is bad and it also does not present a 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.

Support and Resistance Analysis

100.41

141.40

3 important support areas can be observed.

  • Support @106.47 from a trend line in the weekly time frame.
  • Support @103.64 from a horizontal line in the weekly time frame.
  • Support @101.42 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 118.13 to 119.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @123.48 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 125.94 to 127.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @133.21 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 140.00 to 140.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.74
Mansfield-1.61
10 Day High128.19
10 Day Low105.01
20 Day High128.19
20 Day Low105.01
52 Week High144.97
52 Week Low100.01
Performance
1 Week-11.74%
2 Weeks-8.98%
1 Month0.18%
3 Month-18.81%
6 Month-5.43%
12 Month-6.9%
2 Year-7.47%
3 Year-38.85%
5 Year9.42%
10 Year317.28%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-1.41
RSI(14)39.61
LBB110.86
UBB131.12
CARGOJET INC / CJT Daily stock chart

CARGOJET INC

TSX:CJT (2/5/2025, 7:00:00 PM)

112.04

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg0%
1 Week-11.74%
2 Weeks-8.98%
1 Month0.18%
3 Month-18.81%
6 Month-5.43%
12 Month-6.9%
2 Year-7.47%
3 Year-38.85%
5 Year9.42%
10 Year317.28%
15 YearN/A
Volatility
ATR(14)4.36
ATR(20)%3.54%
ATR Inc-49.34%
Range Today1.54
ADR(20)3.69
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.74
Mansfield-1.61
10 Day High128.19
10 Day Low105.01
20 Day High128.19
20 Day Low105.01
52 Week High144.97
52 Week Low100.01
CS1 End106.47
CR1 Start118.13
Volume & EV
DER(3)-12.48%
DER(5)-10.82%
Volume39.27K
Volume Incr41%
Vol(5)118.13K
Vol(50)89.71K