Meyka Pro banner
Squatex Energy and Resources Inc.

SQX.CN Technical Analysis Summary (CNQ)

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

SQX.CNCNQ
EnergyOil & Gas Exploration & Production
$0.03
$0.005(14.29%)
Canadian Market opens in 12h 38m

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

SQX.CN Technical Analysis Summary (CNQ)

Squatex Energy and Resources Inc. (CNQ: SQX.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: 41.97)
Trend Strength:Moderate (ADX: 25.64)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.02 – $0.05 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 41.97

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.22

Bearish
Momentum remains weak below midpoint.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -33.33

Strongly Bearish
Sharp downside momentum.

Takeaway:Squatex Energy and Resources Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 25.64

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -83.01

Bearish
Bearish, momentum remains under pressure.

Takeaway:Squatex Energy and Resources Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.05
Middle Band (SMA 20)
$0.04
Lower Band
$0.02
Current Position
Within Bands

Takeaway:Squatex Energy and Resources Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.05
Middle Line (EMA 20)
$0.04
Lower Channel
$0.03
Squeeze Status
No Squeeze

Takeaway:Squatex Energy and Resources Inc. trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-21.13K
Money Flow Index4.75Bullish, oversold conditions signal rebound potential.
Relative Vigor Index18.94Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Squatex Energy and Resources Inc. (CNQ: SQX.CN), 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

RVI below 50 → vigor tilted toward sellers.

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

(CNQ: SQX.CN) Technical Analysis FAQ