Technical Analysis for CJ - Cardinal Energy Ltd.

Grade Last Price % Change Price Change
F 6.170 -0.80% -0.050
CJ closed down 2.05 percent on Wednesday, December 6, 2023, on 1.33 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
3 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness -0.80%
Below Lower BB Weakness -0.80%
Down 3 Days in a Row Weakness -0.80%
Down 4 Days in a Row Weakness -0.80%
Down 5 Days in a Row Weakness -0.80%
Gapped Down Weakness -0.80%
Oversold Stochastic Weakness -0.80%
Stochastic Reached Oversold Weakness -2.83%
Below Lower BB Weakness -2.83%
Down 3 Days in a Row Weakness -2.83%

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Alert Time
Possible NR7 about 4 hours ago
Down 1% about 5 hours ago
Fell Below Previous Day's Low about 7 hours ago
Reversed from Up about 7 hours ago
Gap Up Closed about 8 hours ago

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Cardinal Energy Ltd. Description

Cardinal Energy Ltd. is a Canada-based oil-focused company. The Company is engaged in the acquisition, exploration and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan. Its Wainwright properties are located approximately 200 kilometers southeast of Edmonton, Alberta. The Wainwright properties (including the Hayter asset) produce approximately 4,500 barrels of oil equivalent per day (Boe/d) of predominantly heavy crude oil and associated natural gas. Its Bantry property is located near the City of Brooks, Alberta. It produces medium crude oil, natural gas and natural gas liquids (NGLs). The Company produces approximately 4,400 boe/d at Bantry property. Its Slave Lake (Mitsue) property is located approximately 280 kilometers north of Edmonton, Alberta. The property produces approximately 3,600 boe/d (light crude oil and NGLs). Its Chauvin property is located approximately 70 kilometers east of Wainwright, Alberta.


Sector: Energy
Industry: Oil & Gas E&P
Keywords: Energy Oil Natural Gas Petroleum S&P/Tsx 60 Index Light Crude Oil Liquids Rook Natural Gas Liquids Petroleum Industry In Canada Oil Equivalent Heavy Crude Oil Light Crude Oil Hayter Pengrowth Energy

Is CJ a Buy, Sell or Hold?

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


Indicator Value
52 Week High 7.8237
52 Week Low 5.9752
Average Volume 792,795
200-Day Moving Average 6.849
50-Day Moving Average 7.088
20-Day Moving Average 6.733
10-Day Moving Average 6.645
Average True Range 0.186
RSI (14) 26.47
ADX 37.22
+DI 10.698
-DI 38.081
Chandelier Exit (Long, 3 ATRs) 6.727
Chandelier Exit (Short, 3 ATRs) 6.749
Upper Bollinger Bands 7.097
Lower Bollinger Band 6.369
Percent B (%b) -0.2
BandWidth 10.812
MACD Line -0.185
MACD Signal Line -0.145
MACD Histogram -0.0395
Fundamentals Value
Market Cap 705.95 Million
Num Shares 113 Million
EPS 0.55
Price-to-Earnings (P/E) Ratio 11.29
Price-to-Sales 0.28
Price-to-Book 0.28
PEG Ratio 5.59
Dividend 0.18
Dividend Yield 2.89%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.460
Resistance 3 (R3) 6.477 6.413 6.420
Resistance 2 (R2) 6.413 6.352 6.405 6.407
Resistance 1 (R1) 6.317 6.314 6.285 6.300 6.393
Pivot Point 6.253 6.253 6.238 6.245 6.253
Support 1 (S1) 6.157 6.192 6.125 6.140 6.047
Support 2 (S2) 6.093 6.154 6.085 6.033
Support 3 (S3) 5.997 6.093 6.020
Support 4 (S4) 5.980