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Stock Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Canacol Energy Ltd (TSE:CNE)

Countertrend Up (+85) - CNE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

Open High Low CNE Price Change
3.95 3.95 3.84 3.92 -0.02
Entry Signal

MarketClub’s Trade Triangles for CNE

long term up The long-term trend has been UP since Sep 22nd, 2021 at 3.53

intermediate term up The intermediate-term trend has been UP since Aug 27th, 2021 at 3.21

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 3.95

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).

Smart Scan Analysis for CNE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.95 3.95 3.84 3.92 -0.02
Prev. Close Volume Bid Ask Time
3.92 119011 2021-10-19 15:59:16
Year High4.76Year High Date2018-01-15
Year Low3.535Year Low Date2018-10-26
52wk High4.7652wk High Date2018-01-15
52wk Low3.53552wk Low Date2018-10-26
Year End Close3.19Average Volume241,767
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