Technical Analysis for CEU - Canadian Energy Services & Technology Corp.

Grade Last Price % Change Price Change
B 6.790 0.44% 0.030
CEU closed up 0.44 percent on Friday, May 17, 2024, on 60 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Up

Date Alert Name Type % Chg
Boomer Buy Setup Bullish Swing Setup 0.00%
Spinning Top Other 0.00%
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Bearish Engulfing Bearish 0.44%
Upper Bollinger Band Walk Strength 0.44%

   Recent Intraday Alerts

Alert Time
Possible Inside Day 2 days ago
Possible NR7 2 days ago
Up 1% 2 days ago
Possible Inside Day 3 days ago
Down 2% 3 days ago

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Profile

Canadian Energy Services & Technology Corp. Description

Canadian Energy Services & Technology Corp is a Canada-based company, which designs, implements, and manufactures consumable fluids and specialty chemicals for the oil and gas industry. The Company operates in the Western Canadian Sedimentary Basin and in several basins throughout the United States. In Canada, the Company operates under the trade names Canadian Energy Services, PureChem Services, Sialco Materials Ltd, Clear Environmental Solutions and EQUAL Transport. In the United States, the Company operates under the trade names AES Drilling Fluids, AES Frac Fluids, Superior Weighting Products and JACAM Chemicals. The Company offers total solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market. The Company's solutions include corrosion inhibitors, demulsifiers, hydrogen sulfide scavengers, paraffin control products, surfactants, scale inhibitors, biocides and other specialty products.


Classification

Sector: Energy
Industry: Oil & Gas Equipment & Services
Keywords: Chemistry Physical Sciences Energy Oil Natural Sciences Oil And Gas Materials Transport Pipe Environmental Drilling Pipeline Chemical Sulfide Western Canadian Sedimentary Basin Energy Services Chemicals Midstream Oil And Gas Industry Hydrogen Pump Corrosion Aes Drilling Fluid Biocides Environmental Solutions

Is CEU a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 6.96
52 Week Low 2.2323
Average Volume 514,360
200-Day Moving Average 4.121
50-Day Moving Average 5.457
20-Day Moving Average 6.018
10-Day Moving Average 6.442
Average True Range 0.211
RSI (14) 75.96
ADX 59.34
+DI 41.024
-DI 4.454
Chandelier Exit (Long, 3 ATRs) 6.328
Chandelier Exit (Short, 3 ATRs) 5.922
Upper Bollinger Bands 7.055
Lower Bollinger Band 4.980
Percent B (%b) 0.87
BandWidth 34.469
MACD Line 0.397
MACD Signal Line 0.322
MACD Histogram 0.0747
Fundamentals Value
Market Cap 1.78 Billion
Num Shares 263 Million
EPS 0.12
Price-to-Earnings (P/E) Ratio 56.58
Price-to-Sales 0.33
Price-to-Book 0.72
PEG Ratio 3.62
Dividend 0.01
Dividend Yield 0.15%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.985
Resistance 3 (R3) 6.980 6.910 6.953
Resistance 2 (R2) 6.910 6.860 6.913 6.942
Resistance 1 (R1) 6.850 6.830 6.880 6.855 6.931
Pivot Point 6.780 6.780 6.795 6.783 6.780
Support 1 (S1) 6.720 6.730 6.750 6.725 6.649
Support 2 (S2) 6.650 6.700 6.653 6.638
Support 3 (S3) 6.590 6.650 6.628
Support 4 (S4) 6.595