COLLECTIVE MINING LTD (CNL) Stock Technical Analysis
NYSEARCA:CNL - NYSE Arca - CA19425C1005 - Common Stock - Currency: USD
Taking everything into account, CNL scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CNL is a bad performer.
When comparing the yearly performance of all stocks, CNL is a bad performer in the overall market: 100% of all stocks are doing better.
CNL is part of the Metals & Mining industry. There are 155 other stocks in this industry, of which 96% are performing better than CNL.
The long and short term trends are both positive. This is looking good!
In the last month CNL has a been trading in the 8.85 - 12.00 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.
Although CNL 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.
More info and screens
9.53
11.75
We found 2 important support areas.
- Support @10.22 from a trend line in the daily time frame.
- A support zone ranging from 9.63 to 9.69. 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 one important area.
- Resistance @11.63 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 | UP | POSITIVE | The long term trend for CNL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNL is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CNL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.12 | NEUTRAL | The RSI value for CNL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CNL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.76 | NEUTRAL | The Stochastics value for CNL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.39 | HIGH VOLATILITY | The high ATR as a percentage value for CNL suggests high volalility. |
| Average Directional Index/ADX (14) | 25.43 | POSITIVE | The high ADX value value for CNL 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)
11.11
-0.38 (-3.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.31%
1 Week0.45%
2 Weeks4.32%
1 Month15.25%
3 Month66.82%
6 Month223.91%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%5.39%
ATR Inc28.6%
Range Today0.91
ADR(20)0.59
ADR(20)%5.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High12
10 Day Low10.73
20 Day High12
20 Day Low8.85
52 Week HighN/A
52 Week LowN/A
CS1 End10.22
CR1 Start11.63
Volume & EV
DER(3)-2%
DER(5)-0.88%
Volume102.80K
Volume Incr-11.39%
Vol(5)53.70K
Vol(50)85.88K