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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Canacol Energy Ltd (TSE:CNE)
Bear Market Rally (-75) - CNE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CNE as it may be in the beginning of a reversal.
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 Jul 25th, 2024 at 4.25
The short-term trend has been UP since Jul 26th, 2024 at 4.48
Smart Scan Analysis for CNE
Based on our trend formula, CNE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.35 | 4.50 | 4.31 | 4.38 | +0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.33 | 19862 | 2024-07-26 15:59:59 |
| 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 |