CAPRICORN ENERGY PLC (CNE.L)       225.4  -1.4 (-0.62%)

225.4  -1.4 (-0.62%)

GB00BN0SMB92 - Common Stock

Technical Rating

Overall CNE gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CNE is showing a nice and steady performance.



The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CNE is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by CNE over the past year are nicely spread over this period.
CNE is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so CNE slightly outperforms the market at the moment.
In the last month CNE has a been trading in the 208.40 - 228.60 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.

Statistics

1 Month 3 Months 6 Months 12 Months 5.82% 11.47% 8.16% 22.77% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 89.73 168.1 - 238.1
CNE Weekly chart
CNE Daily chart

Support/Resistance Analysis


193.84

229.08
We found 4 important support areas.
  • Support @225.00 from a horizontal line in the weekly time frame.
  • A support zone ranging from 210.59 to 220.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 203.47 to 205.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 195.80 to 196.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
  • A resistance zone ranging from 225.41 to 226.81. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

Although CNE has an excellent technical rating, it does not offer a high 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.


CNE Daily chart

CAPRICORN ENERGY PLC225.4

LON:CNE (8/10/2022, 5:35:15 PM)-1.4 (-0.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A
Performance
Today -0.62% 1 Week 2.64%
2 Weeks 4.06% 1 Month 5.82%
3 Month 11.47% 6 Month 8.16%
Volatility
ATR(14) 4.66 ATR(20)% 1.96%
ATR Inc 66.9% Range Today 5.5
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 89.73 Mansfield 1.54
10 Day High 228.6 10 Day Low 212.8
20 Day High 228.6 20 Day Low 208.4
52 Week High 238.1 52 Week Low 168.1
CS1 End 225 CR1 Start 225.41
Volume & EV
DER(3) 8.89% DER(5) 3.61%
Volume 81.15K Volume Incr -17.69%
Vol(5) 198.17K Vol(50) 542.23K

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