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 7 out of 10 to LGN. Although LGN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, LGN is a bad performer in the overall market: 68% of all stocks are doing better.
LGN is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 60% of 214 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
LGN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
LGN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LGN is lagging the market.
Besides having an excellent technical rating, LGN also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.71, a Stop Loss order could be placed below this zone.
More info and screens
0.56
0.77
5 important support areas can be observed.
- A support zone ranging from 0.69 to 0.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.65 to 0.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.61 from a trend line in the weekly time frame.
- Support @0.59 from a trend line in the daily time frame.
- Support @0.57 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.73 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.75 to 0.76. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for LGN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LGN.CA is up. |
| ChartMill Relative Strength | 32.47 | NEUTRAL | LGN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LGN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LGN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LGN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.56 | NEUTRAL | The RSI value for LGN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LGN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.33 | NEUTRAL | The Stochastics value for LGN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for LGN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.72 | POSITIVE | The high ADX value value for LGN.CA suggests a strong 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 (8/7/2025, 7:00:00 PM)
0.72
-0.01 (-1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.37%
1 Week-4%
2 Weeks7.46%
1 Month26.32%
3 Month16.13%
6 Month7.46%
12 Month-12.2%
2 Year-30.77%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%4.86%
ATR Inc6.52%
Range Today0.04
ADR(20)0.03
ADR(20)%4.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.47
Mansfield-0.54
10 Day High0.75
10 Day Low0.65
20 Day High0.75
20 Day Low0.56
52 Week High0.94
52 Week Low0.49
CS1 End0.71
CR1 Start0.73
Volume & EV
DER(3)-7.23%
DER(5)-9.75%
Volume575.80K
Volume Incr-19.73%
Vol(5)387.48K
Vol(50)450.54K