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Clean TeQ Water Limited

CNQ.AX Technical Analysis Summary (ASX)

Analyze CNQ.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CNQ.AX●ASX
UtilitiesRegulated Water
$0.60
$0.03(4.35%)
Australian Market opens in 31h 49m

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

CNQ.AX Technical Analysis Summary (ASX)

Clean TeQ Water Limited (ASX: CNQ.AX) stock currently shows a bearish trend on the ASX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 39.48)
Trend Strength:Moderate (ADX: 20.94)
Volatility:High (ATR: 0.04)
Support/Resistance:$0.59 – $0.74 (Bollinger Bands)

Technical conditions suggest Clean TeQ Water Limited on the ASX is awaiting a decisive move. Technical conditions suggest Clean TeQ Water Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 39.48

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 19.05

Bullish
Oversold zone signals rebound potential.

Williams %R: -77.14

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -13.04

Strongly Bearish
Sharp downside momentum.

Takeaway:Clean TeQ Water Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.94

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.04

Low
Low volatility, stable price action.

CCI (14): -121.16

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Clean TeQ Water Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.74
Middle Band (SMA 20)
$0.66
Lower Band
$0.59
Current Position
Within Bands

Takeaway:Clean TeQ Water Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.74
Middle Line (EMA 20)
$0.66
Lower Channel
$0.57
Squeeze Status
Squeeze On

Takeaway:Clean TeQ Water Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume1.61M
Money Flow Index43.26Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.75Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CNQ.AX shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Clean TeQ Water Limited (ASX: CNQ.AX), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Clean TeQ Water Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(ASX: CNQ.AX) Technical Analysis FAQ