Ceapro Inc (CZO.CA) Stock Technical Analysis
TSX-V:CZO - TSX Venture Exchange - CA1499071076 - Common Stock - Currency: CAD
Overall CZO gets a technical rating of 3 out of 10. CZO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
88% of all other stocks performed better in the past year than CZO.
CZO is part of the Chemicals industry. There are 28 other stocks in this industry, of which 81% are performing better than CZO.
CZO 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.
In the last month CZO has a been trading in the 0.23 - 0.29 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
The technical rating of CZO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.21
0.28
When analyzing the support we notice one important area.
- A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @0.28 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 | NEUTRAL | NEUTRAL | The long term trend for CZO.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CZO.CA is neutral. |
| ChartMill Relative Strength | 12.09 | NEGATIVE | CZO.CA has a low relative strength, it was outperformed by 87.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CZO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CZO.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CZO.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.59 | NEUTRAL | The RSI value for CZO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CZO.CA has a negative trend. |
| Stochastics (14,3) | 20 | NEUTRAL | The Stochastics value for CZO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for CZO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for CZO.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:CZO (5/31/2024, 7:00:00 PM)
0.225
-0.03 (-11.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-11.76%
1 Week-16.67%
2 Weeks-22.41%
1 Month-6.25%
3 Month-10%
6 Month-10%
12 Month-51.09%
2 Year-64.84%
3 Year-66.91%
5 Year-43.75%
10 Year87.5%
15 Year125%
Volatility
ATR(14)0.01
ATR(20)%3.33%
ATR Inc166.67%
Range Today0.01
ADR(20)0
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.09
Mansfield-3.59
10 Day High0.28
10 Day Low0.23
20 Day High0.3
20 Day Low0.23
52 Week High0.54
52 Week Low0.15
CS1 End0.21
CR1 Start0.28
Volume & EV
DER(3)-29.9%
DER(5)-18.12%
Volume5.85K
Volume Incr336.56%
Vol(5)129.50K
Vol(50)66.07K