CONDOR RESOURCES INC (CN.CA) Stock Technical Analysis
TSX-V:CN - TSX Venture Exchange - CA20676U1049 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to CN. Recently some decent action could be observed, but in the medium term time frame this is still negative. CN was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, CN is a bad performer in the overall market: 77% of all stocks are doing better.
CN is one of the lesser performing stocks in the Metals & Mining industry. 63% of 806 stocks in the same industry do better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CN has a been trading in the 0.11 - 0.14 range, which is quite wide. It is currently trading near the high of this range.
CN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CN is lagging the market slightly.
CN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.12
0.17
2 important support areas can be observed.
- A support zone ranging from 0.13 to 0.13. 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 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.15 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.17 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for CN.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CN.CA is up. |
| ChartMill Relative Strength | 23.19 | NEGATIVE | CN.CA has a low relative strength, it was outperformed by 76.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.57 | NEUTRAL | The RSI value for CN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.88 | OVERBOUGHT | The high Stochastics value suggests CN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for CN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.09 | POSITIVE | The high ADX value value for CN.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)
TSX-V:CN (7/31/2025, 7:00:00 PM)
0.13
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week8.33%
2 Weeks18.18%
1 Month8.33%
3 Month4%
6 Month-3.7%
12 Month-7.14%
2 Year-72.34%
3 Year23.81%
5 Year-53.57%
10 Year225%
15 Year-48%
Volatility
ATR(14)0.01
ATR(20)%5.67%
ATR Inc-68.89%
Range Today0
ADR(20)0.01
ADR(20)%4.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.19
Mansfield-1.38
10 Day High0.14
10 Day Low0.11
20 Day High0.14
20 Day Low0.11
52 Week High0.21
52 Week Low0.09
CS1 End0.13
CR1 Start0.14
Volume & EV
DER(3)23.18%
DER(5)19.13%
Volume28.10K
Volume Incr-31.34%
Vol(5)34.66K
Vol(50)55.86K