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

Grade Last Price % Change Price Change
A 9.530 5.89% 0.530
CEU closed up 5.89 percent on Wednesday, November 20, 2024, on 3.82 times normal volume. The bulls were able to push the stock to a new 52-week high. 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
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Wide Bands Range Expansion 5.89%
Gapped Down Weakness 5.89%
NR7 Range Contraction 6.36%

   Recent Intraday Alerts

Alert Time
Up 5% about 12 hours ago
New 52 Week High about 15 hours ago
Up 1 ATR about 16 hours ago
Up 3% about 17 hours ago
Possible Pocket Pivot about 17 hours 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 Drilling Environmental Pipeline Chemical Sulfide Western Canadian Sedimentary Basin Chemicals Energy Services 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 9.54
52 Week Low 3.2094
Average Volume 696,900
200-Day Moving Average 6.697
50-Day Moving Average 7.959
20-Day Moving Average 8.521
10-Day Moving Average 9.118
Average True Range 0.328
RSI (14) 71.26
ADX 29.8
+DI 34.644
-DI 12.972
Chandelier Exit (Long, 3 ATRs) 8.558
Chandelier Exit (Short, 3 ATRs) 8.283
Upper Bollinger Bands 9.810
Lower Bollinger Band 7.231
Percent B (%b) 0.89
BandWidth 30.259
MACD Line 0.393
MACD Signal Line 0.336
MACD Histogram 0.0569
Fundamentals Value
Market Cap 2.5 Billion
Num Shares 263 Million
EPS 0.12
Price-to-Earnings (P/E) Ratio 79.42
Price-to-Sales 0.33
Price-to-Book 0.72
PEG Ratio 3.62
Dividend 0.01
Dividend Yield 0.10%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.340
Resistance 3 (R3) 10.253 9.897 10.205
Resistance 2 (R2) 9.897 9.690 9.940 10.160
Resistance 1 (R1) 9.713 9.563 9.805 9.800 10.115
Pivot Point 9.357 9.357 9.403 9.400 9.357
Support 1 (S1) 9.173 9.150 9.265 9.260 8.945
Support 2 (S2) 8.817 9.023 8.860 8.900
Support 3 (S3) 8.633 8.817 8.855
Support 4 (S4) 8.720