CN ENERGY GROUP INC-A (CNEY) Stock Technical Analysis
USA - NASDAQ:CNEY - VGG2181K2048 - Common Stock
Overall CNEY gets a technical rating of 0 out of 10. CNEY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of CNEY 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.
More info and screens
1.73
When analyzing the resistance we notice 4 important areas.
- Resistance @1.80 from a trend line in the daily time frame.
- A resistance zone ranging from 1.90 to 1.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.98 to 1.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.68 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 | DOWN | NEGATIVE | The long term trend for CNEY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNEY is down. |
| ChartMill Relative Strength | 3.67 | NEGATIVE | CNEY has a low relative strength, it was outperformed by 96.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNEY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNEY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNEY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.22 | NEUTRAL | The RSI value for CNEY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CNEY has a negative trend. |
| Stochastics (14,3) | 17.66 | OVERSOLD | The low Stochastics value suggests CNEY may be oversold. |
| Average True Range in percent/ATR (20) | 6.4 | HIGH VOLATILITY | The high ATR as a percentage value for CNEY suggests high volalility. |
| Average Directional Index/ADX (14) | 25.17 | POSITIVE | The high ADX value value for CNEY suggests a strong trend. |
NASDAQ:CNEY (11/7/2025, 8:00:01 PM)
1.75
-0.03 (-1.69%)
CN ENERGY GROUP INC-A / CNEY FAQ
What is the technical rating for CNEY stock?
ChartMill assigns a technical rating of 0 / 10 to CNEY.
Can you provide the trend direction for CN ENERGY GROUP INC-A?
The current trend direction for CN ENERGY GROUP INC-A (CNEY) is Bearish.
What is the RSI signal for CNEY stock?
CN ENERGY GROUP INC-A (CNEY) has an RSI value of 34.2186. This indicates that the stock is currently neutral.
What is the short term momentum for CNEY stock?
The short term momentum for CN ENERGY GROUP INC-A (CNEY) is negative.
What is the buy/sell signal for CNEY stock?
The buy/sell signal for CN ENERGY GROUP INC-A (CNEY) is sell as both the short term and long term trends are negative.