CN ENERGY GROUP INC-A (CNEY) Technical Analysis
NASDAQ:CNEY • VGG2181K2048
Current stock price
0.3886 USD
+0.01 (+3.9%)
At close:
0.3754 USD
-0.01 (-3.4%)
After Hours:
CNEY Technical Rating and Analysis
Taking everything into account, CNEY scores 0 out of 10 in our technical rating. CNEY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CNEY is a bad performer in the overall market: 96% of all stocks are doing better.
- CNEY is part of the Chemicals industry. There are 83 other stocks in this industry, of which 95% are performing better than CNEY.
- CNEY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CNEY is lagging the market.
- In the last month CNEY has a been trading in the 0.33 - 1.23 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- CNEY has an average volume of 2509650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
CNEY Weekly and Daily overview Charts
CNEY Setup Rating and Analysis
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
CNEY Support and Resistance Analysis
CNEY Technical Indicator Signal Analysis
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 | 4.19 | NEGATIVE | CNEY has a low relative strength, it was outperformed by 95.81% 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) | 26.54 | OVERSOLD | The low RSI value suggests CNEY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CNEY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.71 | OVERSOLD | The low Stochastics value suggests CNEY may be oversold. |
| Average True Range in percent/ATR (20) | 36.13 | HIGH VOLATILITY | The high ATR as a percentage value for CNEY suggests high volalility. |
| Average Directional Index/ADX (14) | 23.7 | NEUTRAL | The ADX value for CNEY suggests a possible start of a new trend. |
CNEY Chart- and CandleStick Pattern Analysis
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)
CNEY Technicals: Chart, Performance Metrics, Trend & Indicators
0.3886
+0.01 (+3.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg3.9%
1 Week-16.77%
2 Weeks-61.14%
1 Month-61.33%
3 Month-26.76%
6 Month-84.2%
12 Month-88.72%
2 Year-98.53%
3 Year-99.75%
5 Year-99.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%36.13%
ATR Inc-59.97%
Range Today0.05
ADR(20)0.14
ADR(20)%35.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.19
3 months CRS15.76
6 months CRS2.07
Mansfield-8.06
10 Day High1.08
10 Day Low0.33
20 Day High1.23
20 Day Low0.33
52 Week High7.36
52 Week Low0.31
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)5.45%
DER(5)-2.72%
Volume104.50K
Volume Incr-72.55%
Vol(5)268.98K
Vol(50)2.51M
CN ENERGY GROUP INC-A / CNEY TA FAQ
What is the technical rating for CNEY stock?
ChartMill assigns a technical rating of 0 / 10 to CNEY.
What is the current trend direction of CN ENERGY GROUP INC-A (CNEY) stock?
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 26.5364. This indicates that the stock is currently oversold.
Can you provide the MACD signal for CN ENERGY GROUP INC-A?
The MACD indicator for CN ENERGY GROUP INC-A (CNEY) has a value of -0.0537109, indicating a bearish trend.