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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Canacol Energy Ltd (TSE:CNE)
Countertrend Down (-85) - CNE is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CNE?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CNE
The long-term trend has been DOWN since Oct 3rd, 2023 at 10.30
The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 4.93
The short-term trend has been UP since Apr 18th, 2024 at 4.51
Smart Scan Analysis for CNE
Based on our trend formula, CNE is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.56 | 4.65 | 4.50 | 4.58 | +0.19 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.39 | 34872 | 2024-04-18 15:59:38 |
| Year High | 4.76 | Year High Date | 2018-01-15 |
| Year Low | 3.535 | Year Low Date | 2018-10-26 |
| 52wk High | 4.76 | 52wk High Date | 2018-01-15 |
| 52wk Low | 3.535 | 52wk Low Date | 2018-10-26 |
| Year End Close | 3.19 | Average Volume | 241,767 |
| Volatility | 40.5 |