Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Cardinal Energy Ltd (TSE:CJ)

Long-Term Downtrend (-90) - CJ is in a strong downtrend that is likely to continue. While CJ is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

Open High Low CJ Price Change
6.250 6.325 6.220 6.270 +0.110
Entry Signal

MarketClub’s Trade Triangles for CJ

long term down The long-term trend has been DOWN since Nov 8th, 2023 at 6.83

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2023 at 7.35

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 6.74

Smart Scan Analysis for CJ

Based on our trend formula, CJ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CJ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.250 6.325 6.220 6.270 +0.110
Prev. Close Volume Bid Ask Time
6.160 202423 2023-12-08 11:55:56
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
Get a free daily analysis and signals for Cardinal Energy Ltd (CJ) - Request Your Free Report.