CALIFORNIA NANOTECHNOLOGIES (CNO.CA) Stock Technical Analysis
TSX-V:CNO - TSX Venture Exchange - CA1304921010 - Common Stock - Currency: CAD
We assign a technical rating of 2 out of 10 to CNO. CNO'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
96% of all other stocks performed better in the past year than CNO.
CNO is part of the Insurance industry. There are 81 other stocks in this industry, of which 97% are performing better than CNO.
CNO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CNO has a been trading in the 0.51 - 0.69 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
The technical rating of CNO 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
0.49
0.63
4 important support areas can be observed.
- Support @0.56 from a trend line in the daily time frame.
- Support @0.53 from a trend line in the weekly time frame.
- Support @0.51 from a horizontal line in the daily time frame.
- Support @0.49 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.57 to 0.57. 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 0.60 to 0.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.61 from a horizontal line in the weekly time frame.
- Resistance @0.62 from a trend 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 CNO.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNO.CA is down. |
| ChartMill Relative Strength | 4.08 | NEGATIVE | CNO.CA has a low relative strength, it was outperformed by 95.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CNO.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CNO.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNO.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.83 | NEUTRAL | The RSI value for CNO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CNO.CA has a negative trend. |
| Stochastics (14,3) | 24.51 | NEUTRAL | The Stochastics value for CNO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.7 | HIGH VOLATILITY | The high ATR as a percentage value for CNO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.5 | NEUTRAL | The ADX value for CNO.CA suggests a possible start of a new 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:CNO (7/11/2025, 7:00:00 PM)
0.56
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0%
1 Week-3.45%
2 Weeks-16.42%
1 Month5.66%
3 Month-31.71%
6 Month-46.15%
12 Month-44.55%
2 Year220%
3 Year600%
5 Year918.18%
10 Year918.18%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%6.7%
ATR Inc-79.1%
Range Today0.01
ADR(20)0.03
ADR(20)%5.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.08
Mansfield-4.23
10 Day High0.69
10 Day Low0.55
20 Day High0.69
20 Day Low0.51
52 Week High1.95
52 Week Low0.48
CS1 End0.56
CR1 Start0.57
Volume & EV
DER(3)0%
DER(5)0%
Volume24.90K
Volume Incr-40.35%
Vol(5)22.33K
Vol(50)36.31K