CRESCENT POINT ENERGY CORP (CPG)
CA22576C1014 - Common Stock
We assign a technical rating of 9 out of 10 to CPG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CPG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
CPG is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. CPG outperforms 80% of them.
CPG is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CPG is leading the market.
In the last month CPG has a been trading in the 8.11 - 9.08 range, which is quite wide. It is currently trading near the high of this range.
CPG has an average volume of 6187820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CPG did better than 89% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, CPG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.72, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CPG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.28
9.17
3 important support areas can be observed.
- A support zone ranging from 8.68 to 8.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.44 to 8.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 6.34 to 6.36. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.08 to 9.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.08
Mansfield0.97
10 Day High9.08
10 Day Low8.36
20 Day High9.08
20 Day Low8.11
52 Week High9.08
52 Week Low6.03
Performance
1 Week4.37%
2 Weeks3.42%
1 Month10.74%
3 Month37.42%
6 Month13.23%
12 Month22.57%
2 Year31.07%
3 Year130.79%
5 Year133.76%
10 Year-77.71%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)73.1
LBB8.38
UBB9.11
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.09 | 8.67 | 0.42 (4.62%) | 21.64% |
| An entry @9.09. This is a Buy Stop order right above the resistance zone. | An exit @8.67. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.42 points, which is 4.62%. | When investing 21.64% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CRESCENT POINT ENERGY CORP
NYSE:CPG (4/26/2024, 7:04:00 PM)
After market: 9.07 0 (0%)9.07
+0.07 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.78%
1 Week4.37%
2 Weeks3.42%
1 Month10.74%
3 Month37.42%
6 Month13.23%
12 Month22.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%2.62%
ATR Inc
Range Today0.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.08
10 Day Low8.36
20 Day High9.08
20 Day Low8.11
52 Week High9.08
52 Week Low6.03
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.79M
Volume Incr-34.96%
Vol(5)4.07M
Vol(50)6.19M