LOGAN ENERGY CORP CA (LGN.CA) Stock Technical Analysis
TSX-V:LGN - TSX Venture Exchange - CA5408991019 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to LGN. LGN 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, LGN is a bad performer in the overall market: 87% of all stocks are doing better.
LGN is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 72% of 210 stocks in the same industry do better.
LGN 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 LGN has a been trading in the 0.56 - 0.68 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
The technical rating of LGN 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
0.57
0.70
2 important resistance areas can be observed.
- Resistance @0.66 from a trend line in the daily time frame.
- Resistance @0.69 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 | DOWN | NEGATIVE | The long term trend for LGN.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LGN.CA is down. |
| ChartMill Relative Strength | 13.33 | NEGATIVE | LGN.CA has a low relative strength, it was outperformed by 86.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LGN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LGN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LGN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.5 | NEUTRAL | The RSI value for LGN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LGN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.4 | OVERSOLD | The low Stochastics value suggests LGN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.09 | HIGH VOLATILITY | The high ATR as a percentage value for LGN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.42 | NEUTRAL | The ADX value for LGN.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:LGN (7/2/2025, 7:00:00 PM)
0.58
+0.01 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.87%
1 Week0%
2 Weeks-13.43%
1 Month-6.45%
3 Month5.45%
6 Month-19.44%
12 Month-34.09%
2 Year-47.75%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.09%
ATR Inc-23.08%
Range Today0.03
ADR(20)0.03
ADR(20)%4.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.33
Mansfield-2.51
10 Day High0.67
10 Day Low0.56
20 Day High0.68
20 Day Low0.56
52 Week High0.94
52 Week Low0.49
CS1 End0.58
CR1 Start0.67
Volume & EV
DER(3)-9.81%
DER(5)-5.95%
Volume1.01M
Volume Incr108.92%
Vol(5)750.40K
Vol(50)314.57K