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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Cardinal Energy Ltd (TSE:CJ)

Sidelines Mode (+55) - CJ is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CJ?

MarketClub looks at technical strength and momentum to determine if the timing is right for CJ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_CJ
Open High Low CJ Price Change
6.90 6.95 6.87 6.89 -0.05
Entry Signal

MarketClub’s Trade Triangles for CJ

long term up The long-term trend has been UP since Mar 19th, 2024 at 6.91

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 7.24

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 7.14

Smart Scan Analysis for CJ

Based on our trend formula, CJ is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CJ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.90 6.95 6.87 6.89 -0.05
Prev. Close Volume Bid Ask Time
6.94 201362 2024-05-08 12:42:14
Year High5.89Year High Date2018-05-22
Year Low2.5Year Low Date2018-11-27
52wk High5.8952wk High Date2018-05-22
52wk Low2.552wk Low Date2018-11-27
Average Volume847,879Volatility60.59
Payment Date2019-06-17
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