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. In the last year, LGN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month LGN has a been trading in the 0.56 - 0.75 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, LGN turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
LGN is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 53% of 210 stocks in the same industry.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although LGN has an excellent technical rating, it 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
0.56
0.76
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.68 to 0.69. 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 0.64 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.
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 LGN.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LGN.CA is up. |
| ChartMill Relative Strength | 49.91 | 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) | 68.52 | NEUTRAL | The RSI value for LGN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LGN.CA has a positive trend. |
| Stochastics (14,3) | 95.83 | OVERBOUGHT | The high Stochastics value suggests LGN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.67 | MEDIUM VOLATILITY | The ATR as a percentage value for LGN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 31.85 | 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 (7/31/2025, 7:00:00 PM)
0.75
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week8.7%
2 Weeks10.29%
1 Month31.58%
3 Month25%
6 Month9.49%
12 Month-7.41%
2 Year-32.43%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.67%
ATR Inc14.29%
Range Today0.03
ADR(20)0.03
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.91
Mansfield-0.21
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 End0.69
CR1 StartN/A
Volume & EV
DER(3)6.56%
DER(5)8.07%
Volume730.10K
Volume Incr32.54%
Vol(5)698.39K
Vol(50)477.48K