Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Pan American Energy Corp.

PNRG.CN Technical Analysis Summary (CNQ)

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

PNRG.CN●CNQ
Basic MaterialsIndustrial Materials
$0.26
$0.01(4.000%)
Canadian Market opens in 17h 25m

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

PNRG.CN Technical Analysis Summary (CNQ)

Pan American Energy Corp. (CNQ: PNRG.CN) stock currently shows a bullish trend on the CNQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 51.96)
Trend Strength:Moderate (ADX: 27.66)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.24 – $0.26 (Bollinger Bands)

Technical conditions suggest Pan American Energy Corp. on the CNQ is awaiting a decisive move. This mix signals that Pan American Energy Corp. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 51.96

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 33.33

Bearish
Momentum remains weak below midpoint.

Williams %R: -33.33

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 4.00

Bullish
Steady upward momentum.

Takeaway:Pan American Energy Corp. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 27.66

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 140.60

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Pan American Energy Corp. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.26
Middle Band (SMA 20)
$0.25
Lower Band
$0.24
Current Position
Within Bands

Takeaway:Pan American Energy Corp. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.28
Middle Line (EMA 20)
$0.25
Lower Channel
$0.23
Squeeze Status
Squeeze On

Takeaway:Pan American Energy Corp. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-226.57K
Money Flow Index27.21Bearish, selling pressure outweighs inflows.
Relative Vigor Index57.56Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:PNRG.CN shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Pan American Energy Corp. (CNQ: PNRG.CN), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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.

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

(CNQ: PNRG.CN) Technical Analysis FAQ