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Irving Resources Inc.

IRV.CN Technical Analysis Summary (CNQ)

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

IRV.CN●CNQ
Basic MaterialsGold
$0.30
$0.01(3.45%)
Canadian Market opens in 17h 28m

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

IRV.CN Technical Analysis Summary (CNQ)

Irving Resources Inc. (CNQ: IRV.CN) stock currently shows a neutral trend on the CNQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.24)
Trend Strength:Weak (ADX: 17.19)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.28 – $0.38 (Bollinger Bands)

Technical conditions suggest Irving Resources Inc. on the CNQ is awaiting a decisive move. This mix signals that Irving Resources Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.24

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 19.84

Bullish
Oversold zone signals rebound potential.

Williams %R: -61.90

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -17.81

Strongly Bearish
Sharp downside momentum.

Takeaway:Irving Resources Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.19

Weak
Weak trend, market trading sideways.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -72.13

Bearish
Bearish, momentum remains under pressure.

Takeaway:Irving Resources Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.38
Middle Band (SMA 20)
$0.33
Lower Band
$0.28
Current Position
Within Bands

Takeaway:Irving Resources Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.36
Middle Line (EMA 20)
$0.32
Lower Channel
$0.28
Squeeze Status
No Squeeze

Takeaway:Irving Resources Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume482.08K
Money Flow Index8.69Bullish, oversold conditions signal rebound potential.
Relative Vigor Index37.11Bearish, price momentum favors sellers.

Overall Takeaway:IRV.CN shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Irving Resources Inc. (CNQ: IRV.CN), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Irving Resources Inc. are mixed, suggesting a Hold or wait-and-see approach.

(CNQ: IRV.CN) Technical Analysis FAQ