CN ENERGY GROUP INC-A (CNEY) Stock Technical Analysis
NASDAQ:CNEY - Nasdaq - VGG2181K1131 - Common Stock - Currency: USD
Overall CNEY gets a technical rating of 0 out of 10. CNEY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
98% of all other stocks performed better in the past year than CNEY.
CNEY is one of the lesser performing stocks in the Chemicals industry. 94% of 85 stocks in the same industry do better.
CNEY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
CNEY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CNEY has an average volume of 4855530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CNEY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.24
0.53
When analyzing the support we notice one important area.
- Support @0.24 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @0.30 from a trend line in the daily time frame.
- Resistance @0.52 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.81
Mansfield-6.21
10 Day High0.28
10 Day Low0.22
20 Day High0.34
20 Day Low0.22
52 Week High1.78
52 Week Low0.22
Performance
1 Week0.54%
2 Weeks-13.64%
1 Month-17.15%
3 Month-31.25%
6 Month-27.69%
12 Month-82.83%
2 Year-97.43%
3 Year-99.6%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)39.83
LBB0.21
UBB0.31
CN ENERGY GROUP INC-A
NASDAQ:CNEY (2/11/2025, 6:06:19 PM)
After market: 0.243 +0 (+0.08%)0.2428
0 (-0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.45%
1 Week0.54%
2 Weeks-13.64%
1 Month-17.15%
3 Month-31.25%
6 Month-27.69%
12 Month-82.83%
2 Year-97.43%
3 Year-99.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%12.18%
ATR Inc-58.83%
Range Today0.02
ADR(20)0.03
ADR(20)%12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.81
Mansfield-6.21
10 Day High0.28
10 Day Low0.22
20 Day High0.34
20 Day Low0.22
52 Week High1.78
52 Week Low0.22
CS1 End0.24
CR1 Start0.3
Volume & EV
DER(3)-16.6%
DER(5)-7.15%
Volume1.17M
Volume Incr-67.78%
Vol(5)618.12K
Vol(50)4.86M