CARGOJET INC (CJT.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CJT - CA14179V5036 - Common Stock
We assign a technical rating of 2 out of 10 to CJT. Recently some decent action could be observed, but in the medium term time frame this is still negative. CJT was also a bad performer in the overall market in the last year.
CJT has a poor technical rating and the quality of the setup is also only medium 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
71.13
When analyzing the support we can see 2 important areas.
- Support @77.53 from a trend line in the daily time frame.
- Support @71.85 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 80.78 to 81.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 92.98 to 93.53. 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 | DOWN | NEGATIVE | The long term trend for CJT.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CJT.CA is up. |
| ChartMill Relative Strength | 7.67 | NEGATIVE | CJT.CA has a low relative strength, it was outperformed by 92.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CJT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CJT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CJT.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.31 | NEUTRAL | The RSI value for CJT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.02 | POSITIVE | The MACD value suggests CJT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.34 | OVERBOUGHT | The high Stochastics value suggests CJT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for CJT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.3 | NEUTRAL | The ADX value for CJT.CA suggests a possible start of a new trend. |
TSX:CJT (12/5/2025, 7:00:00 PM)
80.21
+0.3 (+0.38%)
CARGOJET INC / CJT.CA FAQ
What is the technical rating for CJT stock?
ChartMill assigns a technical rating of 2 / 10 to CJT.CA.
What is the trend direction for CJT stock?
The current trend direction for CARGOJET INC (CJT.CA) is Bearish.
What is the RSI signal for CJT stock?
CARGOJET INC (CJT.CA) has an RSI value of 55.3112. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for CARGOJET INC?
The buy/sell signal for CARGOJET INC (CJT.CA) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for CARGOJET INC (CJT.CA) stock?
CARGOJET INC (CJT.CA) has a support level at 77.53 and a resistance level at 80.78. Check the full technical report for our detailed analysis of CJT.CA support and resistance levels.