Cameo Industries Corp (CRU.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:CRU
We assign a technical rating of 5 out of 10 to CRU. Although CRU is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that CRU is one of the better performing stocks in the market, outperforming 97% of all stocks.
- In the last month CRU has a been trading in the 0.12 - 0.17 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- CRU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRU is lagging the market.
Although the technical rating is only medium, CRU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for CRU 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
0.14
3 important support areas can be observed.
- A support 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.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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.
We can see 3 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.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.18 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 | NEUTRAL | NEUTRAL | The long term trend for CRU.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRU.CA is neutral. |
| ChartMill Relative Strength | 97.92 | POSITIVE | CRU.CA has a high relative strength, it outperformed 97.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CRU.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.87 | NEUTRAL | The RSI value for CRU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CRU.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80 | NEUTRAL | The Stochastics value for CRU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for CRU.CA suggests high volalility. |
TSX-V:CRU (12/18/2020, 5:00:00 PM)
0.16
0 (0%)
Cameo Industries Corp / CRU.CA FAQ
What is the technical rating for CRU stock?
ChartMill assigns a technical rating of 4 / 10 to CRU.CA.
Can you provide the trend direction for Cameo Industries Corp?
The current trend direction for Cameo Industries Corp (CRU.CA) is Bearish.
Can you provide the RSI signal for Cameo Industries Corp?
Cameo Industries Corp (CRU.CA) has an RSI value of 52.8687. This indicates that the stock is currently neutral.
What is the MACD signal for CRU stock?
The MACD indicator for Cameo Industries Corp (CRU.CA) has a value of 0.00255113, indicating a bearish trend.
What is the support and resistance level for CRU stock?
Cameo Industries Corp (CRU.CA) has a support level at 0.16 and a resistance level at 0.16. Check the full technical report for our detailed analysis of CRU.CA support and resistance levels.