CALIFORNIA NANOTECHNOLOGIES (CNO.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:CNO • CA1304921010
We assign a technical rating of 0 out of 10 to CNO. CNO 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, CNO is a bad performer in the overall market: 97% of all stocks are doing better.
- CNO is part of the Machinery industry. There are 22 other stocks in this industry, of which 95% 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 0.29 - 0.44 range, which is quite wide. It is currently trading near the lows of this range.
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
0.29
When analyzing the resistance we notice 2 important areas.
- Resistance @0.36 from a trend line in the daily time frame.
- Resistance @0.38 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 | 3.21 | NEGATIVE | CNO.CA has a low relative strength, it was outperformed by 96.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNO.CA is below a declining 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) | 35.87 | NEUTRAL | The RSI value for CNO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CNO.CA has a negative trend. |
| Stochastics (14,3) | 6.9 | OVERSOLD | The low Stochastics value suggests CNO.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.01 | HIGH VOLATILITY | The high ATR as a percentage value for CNO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.89 | NEGATIVE | The low ADX value for CNO.CA suggests a weak or negative trend. |
TSX-V:CNO (2/6/2026, 7:00:00 PM)
0.295
-0.02 (-4.84%)
CALIFORNIA NANOTECHNOLOGIES / CNO.CA FAQ
What is the ChartMill technical rating of CALIFORNIA NANOTECHNOLOGIES (CNO.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to CNO.CA.
What is the current trend direction of CALIFORNIA NANOTECHNOLOGIES (CNO.CA) stock?
The current trend direction for CALIFORNIA NANOTECHNOLOGIES (CNO.CA) is Bearish.
What is the RSI signal for CALIFORNIA NANOTECHNOLOGIES (CNO.CA) stock?
CALIFORNIA NANOTECHNOLOGIES (CNO.CA) has an RSI value of 35.8687. This indicates that the stock is currently neutral.
What is the buy/sell signal for CNO stock?
The buy/sell signal for CALIFORNIA NANOTECHNOLOGIES (CNO.CA) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for CALIFORNIA NANOTECHNOLOGIES?
CALIFORNIA NANOTECHNOLOGIES (CNO.CA) has a resistance level at 0.36. Check the full technical report for our detailed analysis of CNO.CA support and resistance levels.