CRESCENT POINT ENERGY CORP (CPG) Stock Technical Analysis
NYSE:CPG - New York Stock Exchange, Inc. - CA22576C1014 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to CPG. Both in the recent history as in the last year, CPG has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month CPG has a been trading in the 8.37 - 9.28 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that CPG is one of the better performing stocks in the market, outperforming 86% of all stocks.
CPG is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. CPG outperforms 85% of them.
CPG is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so CPG slightly outperforms the market at the moment.
CPG has an average volume of 5756850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CPG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 8.58, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CPG 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
6.28
8.68
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.26 to 8.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.34 to 6.39. This zone is formed by a combination of multiple trend lines 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
CRS86.87
Mansfield0.09
10 Day High9.14
10 Day Low8.4
20 Day High9.28
20 Day Low8.37
52 Week High9.28
52 Week Low6.03
Performance
1 Week-2.94%
2 Weeks-2.5%
1 Month0.59%
3 Month26.32%
6 Month21.67%
12 Month27.26%
2 Year-2.83%
3 Year110.02%
5 Year155.66%
10 Year-78.98%
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)-0.06
RSI(14)48.64
LBB8.4
UBB9.18
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 |
|---|---|---|---|
| 8.71 | 8.40 | 0.31 (3.56%) | 25.00% |
| An entry @8.71. This is a Buy Stop order right above the 10 day moving average. | An exit @8.39. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.31 points, which is 3.56%. | For a 0.89% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CPG. Please evaluate whether better entry and exit points can be found.
- 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.
8.59
-0.01 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.12%
1 Week-2.94%
2 Weeks-2.5%
1 Month0.59%
3 Month26.32%
6 Month21.67%
12 Month27.26%
2 Year-2.83%
3 Year110.02%
5 Year155.66%
10 Year-78.98%
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%3.08%
ATR Inc-24.46%
Range Today0.14
ADR(20)0.25
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.87
Mansfield0.09
10 Day High9.14
10 Day Low8.4
20 Day High9.28
20 Day Low8.37
52 Week High9.28
52 Week Low6.03
CS1 End8.58
CR1 StartN/A
Volume & EV
DER(3)5.6%
DER(5)4.44%
Volume4.25M
Volume Incr-20.93%
Vol(5)4.47M
Vol(50)5.76M