Technical Analysis for CNE - Canacol Energy Ltd.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New 52 Week Closing Low | Bearish | -2.74% | |
| Lower Bollinger Band Walk | Weakness | -2.74% | |
| Inside Day | Range Contraction | -2.74% | |
| Wide Bands | Range Expansion | -2.74% | |
| Down 3 Days in a Row | Weakness | -2.74% | |
| Down 4 Days in a Row | Weakness | -2.74% | |
| Down 5 Days in a Row | Weakness | -2.74% | |
| Oversold Stochastic | Weakness | -2.74% | |
| New 52 Week Closing Low | Bearish | -5.88% | |
| Hammer Candlestick | Bullish | -5.88% |
| Alert | Time |
|---|---|
| 1.5x Volume Pace | about 1 hour ago |
| Down 3% | about 3 hours ago |
| Down 2% | about 4 hours ago |
| Gap Up Closed | about 6 hours ago |
| Gap Up Partially Closed | about 6 hours ago |
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- Earnings date: 2024-08-08
Canacol Energy Ltd. Description
Canacol Energy Ltd. is a Canada-based oil and gas exploration and production company. The Company is engaged in petroleum and natural gas exploration and development activities in Colombia and Ecuador. It owns approximately 0.5% interest in Oleoducto Bicentenario de Colombia (OBC), which owns a pipeline system that focuses on linking Llanos basin oil production to the Cano Limon oil pipeline system. It has reserves of approximately 79 million barrels of oil equivalent, which includes dry natural gas. Its production primarily consists of natural gas from its Nelson, Palmer and Clarinete fields in the Lower Magdalena Basin in Colombia; crude oil from its Leono, Labrador, Pantro, Tigro and Maltes fields in the Llanos Basin in Colombia, and tariff oil from the Ecuador IPC. Its Nelson and Palmer fields at the Esperanza block and Clarinete field at the VIM-5 block, located in the Lower Magdalena Basin in Colombia, produce dry natural gas for sale to local customers.
Classification
Sector: Energy
Industry: Oil & Gas E&P
Keywords: Energy Oil Natural Gas Oil And Gas Petroleum Pipe Crude Oil Pipeline Gas Exploration Oil And Gas Exploration Natural Gas Exploration Oil Equivalent Oil Production Magdalena Basin Limo Llanos Basin Pipeline System
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 11.0198 |
| 52 Week Low | 3.23 |
| Average Volume | 29,179 |
| 200-Day Moving Average | 5.150 |
| 50-Day Moving Average | 4.247 |
| 20-Day Moving Average | 3.981 |
| 10-Day Moving Average | 3.663 |
| Average True Range | 0.151 |
| RSI (14) | 14.53 |
| ADX | 32.15 |
| +DI | 7.591 |
| -DI | 40.318 |
| Chandelier Exit (Long, 3 ATRs) | 4.026 |
| Chandelier Exit (Short, 3 ATRs) | 3.684 |
| Upper Bollinger Bands | 4.709 |
| Lower Bollinger Band | 3.253 |
| Percent B (%b) | 0.03 |
| BandWidth | 36.559 |
| MACD Line | -0.251 |
| MACD Signal Line | -0.176 |
| MACD Histogram | -0.0745 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 3.500 | ||||
| Resistance 3 (R3) | 3.523 | 3.477 | 3.465 | ||
| Resistance 2 (R2) | 3.477 | 3.423 | 3.465 | 3.453 | |
| Resistance 1 (R1) | 3.383 | 3.390 | 3.360 | 3.360 | 3.442 |
| Pivot Point | 3.337 | 3.337 | 3.325 | 3.325 | 3.337 |
| Support 1 (S1) | 3.243 | 3.283 | 3.220 | 3.220 | 3.138 |
| Support 2 (S2) | 3.197 | 3.250 | 3.185 | 3.127 | |
| Support 3 (S3) | 3.103 | 3.197 | 3.115 | ||
| Support 4 (S4) | 3.080 |
