COLLECTIVE MINING LTD (CNL) Stock Technical Analysis
NYSEARCA:CNL - NYSE Arca - CA19425C1005 - Common Stock - Currency: USD
Overall CNL gets a technical rating of 7 out of 10. Although CNL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, CNL is a bad performer in the overall market: 100% of all stocks are doing better.
CNL is part of the Metals & Mining industry. There are 151 other stocks in this industry, of which 98% are performing better than CNL.
Warning: CNL has an average volume of 16662 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month CNL has a been trading in the 5.56 - 7.01 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CNL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 6.16, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CNL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.78
6.73
4 important support areas can be observed.
- A support zone ranging from 6.14 to 6.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.95 from a horizontal line in the daily time frame.
- Support @4.04 from a trend line in the daily time frame.
- Support @3.82 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High7.01
10 Day Low5.56
20 Day High7.01
20 Day Low5.56
52 Week HighN/A
52 Week LowN/A
Performance
1 Week9.36%
2 Weeks10.63%
1 Month18.29%
3 Month94.17%
6 Month104.29%
12 MonthN/A
2 YearN/A
3 YearN/A
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)67.64
LBB5.71
UBB6.74
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.02 | 6.13 | 0.89 (12.68%) | 7.89% |
| An entry @7.02. This is a Buy Stop order right above the 10 day high. | An exit @6.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.89 points, which is 12.68%. | For a 1.00% total portfolio risk, you can invest 7.89% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:CNL (3/7/2025, 8:15:35 PM)
6.66
-0.07 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.04%
1 Week9.36%
2 Weeks10.63%
1 Month18.29%
3 Month94.17%
6 Month104.29%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%6.12%
ATR Inc11.13%
Range Today0.54
ADR(20)0.4
ADR(20)%6.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High7.01
10 Day Low5.56
20 Day High7.01
20 Day Low5.56
52 Week HighN/A
52 Week LowN/A
CS1 End6.16
CR1 StartN/A
Volume & EV
DER(3)12.15%
DER(5)7.96%
Volume12.20K
Volume Incr-12.25%
Vol(5)21.60K
Vol(50)16.66K