Logo image of CQE.CA

Cequence Energy Ltd (CQE.CA) Stock Technical Analysis

TSX:CQE - Toronto Stock Exchange -

0.15  0 (0%)

Technical Rating and Analysis

4

Overall CQE gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CQE was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, CQE is a bad performer in the overall market: 94% of all stocks are doing better.
CQE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CQE has a been trading in the 0.10 - 0.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
Cequence Energy Ltd / CQE Weekly stock chart
Cequence Energy Ltd / CQE Daily stock chart
Setup Rating and Analysis

3

CQE has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.12

0.28

We found 2 important support areas.

  • A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.17 from a trend line in the daily time frame.
  • Resistance @0.21 from a trend line in the weekly time frame.
  • Resistance @0.26 from a trend line in the weekly time frame.
  • Resistance @0.28 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
CRS6.36
Mansfield-4.55
10 Day High0.17
10 Day Low0.14
20 Day High0.19
20 Day Low0.1
52 Week High0.5
52 Week Low0.06
Performance
1 Week0%
2 Weeks-6.25%
1 Month50%
3 Month-34.78%
6 Month-44.44%
12 Month-66.67%
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)52.68
LBB0.14
UBB0.16
Cequence Energy Ltd / CQE Daily stock chart

Cequence Energy Ltd

TSX:CQE (5/29/2020, 9:20:59 PM)

0.15

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0%
2 Weeks-6.25%
1 Month50%
3 Month-34.78%
6 Month-44.44%
12 Month-66.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%9.33%
ATR Inc-100%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.36
Mansfield-4.55
10 Day High0.17
10 Day Low0.14
20 Day High0.19
20 Day Low0.1
52 Week High0.5
52 Week Low0.06
CS1 End0.14
CR1 Start0.16
Volume & EV
DER(3)0%
DER(5)12.94%
Volume2.02K
Volume Incr-69.24%
Vol(5)24.80K
Vol(50)68.62K