Cequence Energy Ltd (CQE.CA) Technical Analysis
TSX:CQE
Current stock price
CQE.CA Technical Rating and Analysis
Taking everything into account, CQE scores 4 out of 10 in our technical rating. In the past year, CQE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 94% of all other stocks performed better in the past year than CQE.
- CQE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month CQE has a been trading in the 0.10 - 0.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
CQE.CA Weekly and Daily overview Charts
CQE.CA Setup Rating and Analysis
CQE has an average technical rating and it also 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
CQE.CA Support and Resistance Analysis
0.12
We found 2 important support areas.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.17 from a trend line in the daily time frame.
- Resistance @0.21 from a trend line in the weekly time frame.
- Resistance @0.26 from a trend line in the weekly time frame.
- Resistance @0.28 from a trend line in the daily time frame.
CQE.CA 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 CQE.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CQE.CA is up. |
| ChartMill Relative Strength | 6.36 | NEGATIVE | CQE.CA has a low relative strength, it was outperformed by 93.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CQE.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CQE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CQE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.68 | NEUTRAL | The RSI value for CQE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CQE.CA has a negative trend. |
| Stochastics (14,3) | 20 | NEUTRAL | The Stochastics value for CQE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.33 | HIGH VOLATILITY | The high ATR as a percentage value for CQE.CA suggests high volalility. |
CQE.CA Chart- and CandleStick Pattern Analysis
CQE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:CQE (5/29/2020, 9:20:59 PM)
0.15
0 (0%)
Cequence Energy Ltd / CQE.CA TA FAQ
Can you provide the ChartMill technical rating for Cequence Energy Ltd?
ChartMill assigns a technical rating of 4 / 10 to CQE.CA.
Can you provide the trend direction for Cequence Energy Ltd?
The current trend direction for Cequence Energy Ltd (CQE.CA) is Bearish.
What is the RSI signal for CQE stock?
Cequence Energy Ltd (CQE.CA) has an RSI value of 52.6809. This indicates that the stock is currently neutral.
What is the MACD signal for Cequence Energy Ltd (CQE.CA) stock?
The MACD indicator for Cequence Energy Ltd (CQE.CA) has a value of -0.00114939, indicating a bearish trend.
Can you provide the buy/sell signal for Cequence Energy Ltd?
The buy/sell signal for Cequence Energy Ltd (CQE.CA) is hold as the short term and long term trends are mixed.