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Cardinal Energy Ltd.

CJ.TO Technical Analysis Summary (TSX)

Analyze CJ.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CJ.TO●TSX
EnergyOil & Gas Exploration & Production
$11.49
$0.21(1.79%)
Canadian Market opens in 35h 3m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CJ.TO Technical Analysis Summary (TSX)

Cardinal Energy Ltd. (TSX: CJ.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 58.37)
Trend Strength:Weak (ADX: 19.72)
Volatility:Medium (ATR: 0.34)
Support/Resistance:$10.27 – $11.49 (Bollinger Bands)

Technical conditions suggest Cardinal Energy Ltd. on the TSX is awaiting a decisive move. This mix signals that Cardinal Energy Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 58.37

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 88.88

Bearish
Overbought levels may trigger pullback.

Williams %R: -18.88

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 11.12

Strongly Bullish
Strong upside momentum.

Takeaway:Cardinal Energy Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.02

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.72

Weak
Weak trend, market trading sideways.

ATR (14): 0.34

Low
Low volatility, stable price action.

CCI (14): 165.75

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Cardinal Energy Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$11.49
Middle Band (SMA 20)
$10.88
Lower Band
$10.27
Current Position
Within Bands

Takeaway:Cardinal Energy Ltd. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$11.72
Middle Line (EMA 20)
$11.03
Lower Channel
$10.35
Squeeze Status
Squeeze On

Takeaway:Cardinal Energy Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume3.59M
Money Flow Index67.63Bullish, inflows support continued momentum.
Relative Vigor Index49.63Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:CJ.TO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Cardinal Energy Ltd. (TSX: CJ.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Cardinal Energy Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: CJ.TO) Technical Analysis FAQ