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Canacol Energy (TSE:CNE)
TSX:CNE

Canacol Energy (CNE) Technical Analysis

110 Followers

Summary of all the Indicators

Overall Consensus
Buy
12Bullish
4Neutral
6Bearish
Technical Analysis Consensus
Buy
4Bullish
4Neutral
2Bearish
Moving Average Consensus
Buy
8Bullish
0Neutral
4Bearish
Canacol Energy’s (CNE) Moving Averages Convergence Divergence (MACD) indicator is 0.06, suggesting Canacol Energy is a Sell.
Canacol Energy’s (CNE) 20-Day exponential moving average is 4.94, while Canacol Energy’s (CNE) share price is C$5.07, making it a Buy.
Canacol Energy’s (CNE) 50-Day exponential moving average is 5.03, while Canacol Energy’s (CNE) share price is C$5.07, making it a Buy.

Canacol Energy (CNE) Pivot Points

May 20, 2024, 08:36 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
4.89
4.96
5.01
5.08
5.13
5.20
5.25
Fibonacci
4.96
5.01
5.03
5.08
5.13
5.15
5.20
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Canacol Energy (CNE) Moving Averages

May 20, 2024, 08:36 AM
Period
Simple
Exponential
MA5
5.07Buy
5.05Buy
MA10
4.99Buy
5.00Buy
MA20
4.92Buy
4.94Buy
MA50
4.94Buy
5.03Buy
MA100
5.49Sell
5.57Sell
MA200
7.12Sell
7.09Sell
Canacol Energy’s (CNE) 10-Day exponential moving average is 5.00, while Canacol Energy’s (CNE) share price is C$5.07, making it a Buy.
Canacol Energy’s (CNE) 100-Day exponential moving average is 5.57, while Canacol Energy’s (CNE) share price is C$5.07, making it a Sell.
Canacol Energy’s (CNE) stock price is C$5.07 and Canacol Energy’s (CNE) 50-day simple moving average is 4.94, creating a Buy signal.
Canacol Energy’s (CNE) stock price is C$5.07 and Canacol Energy’s (CNE) 100-day simple moving average is 5.49, creating a Sell signal.
Canacol Energy’s (CNE) stock price is C$5.07 and Canacol Energy’s (CNE) 200-day simple moving average is 7.12, creating a Sell signal.

Canacol Energy (CNE) Technical Indicators

May 20, 2024, 08:36 AM
Name
Value
Implied Action
RSI (14)
57.66
Neutral
STOCH (9,6)
61.48
Neutral
STOCHRSI (14)
61.48
Neutral
MACD (12,26)
0.06
Sell
ADX (14)
13.37
Buy
Williams %R
-37.78
Buy
CCI (14)
110.81
Sell
ATR (14)
0.17
-
Ultimate Oscillator
54.31
Neutral
ROC
1.81
Buy
Canacol Energy’s (CNE) Relative Strength Index (RSI) is 57.66, creating a Neutral signal.
Canacol Energy’s (CNE) Trend Strength Indicator (ADX) is 13.37, creating a Buy signal.
Canacol Energy’s (CNE) Commodity Channel Index (CCI) is 110.81, creating a Sell signal.
Canacol Energy’s (CNE) Price Rate of Change (ROC) is 1.81, creating a Buy signal.

FAQ

Is CNE a Buy, Hold, or Sell?
Based on CNE’s technical indicators, CNE is a Buy.
    What is CNE’s RSI (14)?
    CNE’s RSI (14) is 57.66, which suggests CNE is a Neutral.
      What is CNE’s MACD?
      CNE’s MACD is 0.06, which suggests CNE is a Sell.
        What is CNE’s 5-day moving average?
        CNE’s 5-day moving average is 5.07, which suggests CNE is a Buy.
          What is CNE’s 20-day moving average?
          CNE 20-day moving average is 4.92, which suggests CNE is a Buy.
            What is CNE’s 50-day moving average?
            CNE’s 50-day moving average is 4.94, which suggests CNE is a Buy.
              What is CNE’s 200-day moving average?
              CNE’s 200-day moving average is 7.12, which suggests CNE is a Sell.
                What is CNE’s Williams % R (14)?
                CNE’s Williams % R (14) is -37.78, which suggests CNE is a Buy.
                  What is CNE’s CCI (14)?
                  CNE’s CCI (14) is 110.81, which suggests CNE is a Sell.
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