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CALLINEX MINES INC (CNX.CA) Stock Technical Analysis

TSX-V:CNX - TSX Venture Exchange - CA13124L7016 - Common Stock - Currency: CAD

0.73  -0.02 (-2.67%)

Technical Rating and Analysis

0

Overall CNX gets a technical rating of 0 out of 10. CNX 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.
When comparing the yearly performance of all stocks, CNX is a bad performer in the overall market: 90% of all stocks are doing better.
CNX is part of the Metals & Mining industry. There are 822 other stocks in this industry, of which 80% are performing better than CNX.
CNX is currently trading near the lower end of its 52 week range, which is not a good sign. CNX is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Warning: CNX has an average volume of 17182 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CNX has a been trading in the 0.65 - 0.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CALLINEX MINES INC / CNX Weekly stock chart
CALLINEX MINES INC / CNX Daily stock chart
Setup Rating and Analysis

6

CNX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.74. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CNX 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.
Support and Resistance Analysis

0.72

0.88

3 important resistance areas can be observed.

  • A resistance zone ranging from 0.74 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 0.78 to 0.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.87 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.76
Mansfield-3.46
10 Day High0.78
10 Day Low0.65
20 Day High0.81
20 Day Low0.65
52 Week High1.63
52 Week Low0.65
Performance
1 Week-5.19%
2 Weeks0%
1 Month-8.75%
3 Month-16.09%
6 Month-22.34%
12 Month-43.41%
2 Year-82.82%
3 Year-75.75%
5 Year82.5%
10 Year-76.45%
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)41.29
LBB0.7
UBB0.79
CALLINEX MINES INC / CNX Daily stock chart

CALLINEX MINES INC

TSX-V:CNX (3/7/2025, 7:00:00 PM)

0.73

-0.02 (-2.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.67%
1 Week-5.19%
2 Weeks0%
1 Month-8.75%
3 Month-16.09%
6 Month-22.34%
12 Month-43.41%
2 Year-82.82%
3 Year-75.75%
5 Year82.5%
10 Year-76.45%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%5.96%
ATR Inc-30.99%
Range Today0.05
ADR(20)0.04
ADR(20)%4.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.76
Mansfield-3.46
10 Day High0.78
10 Day Low0.65
20 Day High0.81
20 Day Low0.65
52 Week High1.63
52 Week Low0.65
CS1 EndN/A
CR1 Start0.74
Volume & EV
DER(3)13.07%
DER(5)9.92%
Volume4.00K
Volume Incr18.91%
Vol(5)20.46K
Vol(50)17.18K