Technical Analysis for CAE - Cannindah Resources Ltd  

Grade Last Price % Change Price Change
D 0.043 -2.27% -0.001
CAE closed down 2.27 percent on Thursday, November 21, 2024, on 16 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
Weak + Overbought Other 0.00%
Weak, Overbought and Reversal Signs Reversal 0.00%
Overbought Stochastic Strength 0.00%
50 DMA Resistance Bearish -2.27%
Weak + Overbought Other -2.27%
Overbought Stochastic Strength -2.27%
Gapped Down Weakness -2.27%
Weak + Overbought Other -2.27%

   Recent Intraday Alerts

Alert Time
Down 2% about 11 hours ago
Down 1% about 11 hours ago
Possible Inside Day about 12 hours ago
Possible NR7 about 12 hours ago
Rose Above Previous Day's High 1 day ago

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Profile

Cannindah Resources Ltd   Description

Cannindah Resources Limited is an Australia-based exploration and resource development company. The Company engaged in mineral exploration, evaluation and progressing development of its various mineral projects. The Company focuses on copper and gold. Its projects are based in Queensland, Australia. The Company holds interest in the Mount Cannindah copper-gold project. The Mount Cannindah copper-gold project is located approximately 100 kilometers south of Gladstone, Queensland. This facility is a gold bearing porphyry copper-gold system with regional potential within approximately six square kilometers of granted mining leases surrounded by over three exploration permit minerals (EPMs). The Company is also engaged in identifying additional opportunities in the Mount Cannindah exploration asset. The Company's subsidiaries include Mt Cannindah Mining Pty Ltd, Cannindah Sino Pty Ltd and Triple Crown Mining Pty Ltd


Classification

Sector: Basic Materials
Industry: Copper
Keywords: Exploration Mining Gold Copper Mineral Exploration Minerals Porphyry Progress North Burnett Region

Is CAE 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 0.165
52 Week Low 0.037
Average Volume 559,192
200-Day Moving Average 0.064
50-Day Moving Average 0.045
20-Day Moving Average 0.041
10-Day Moving Average 0.042
Average True Range 0.002
RSI (14) 47.37
ADX 10.13
+DI 25.497
-DI 22.517
Chandelier Exit (Long, 3 ATRs) 0.042
Chandelier Exit (Short, 3 ATRs) 0.044
Upper Bollinger Bands 0.045
Lower Bollinger Band 0.038
Percent B (%b) 0.75
BandWidth 17.476
MACD Line 0.000
MACD Signal Line -0.001
MACD Histogram 0.0006
Fundamentals Value
Market Cap 10.39 Million
Num Shares 242 Million
EPS -0.01
Price-to-Earnings (P/E) Ratio -3.91
Price-to-Sales 201.42
Price-to-Book 7.50
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.045
Resistance 3 (R3) 0.045 0.044 0.044
Resistance 2 (R2) 0.044 0.044 0.044 0.044
Resistance 1 (R1) 0.044 0.044 0.044 0.044 0.044
Pivot Point 0.043 0.043 0.043 0.043 0.043
Support 1 (S1) 0.043 0.043 0.043 0.043 0.042
Support 2 (S2) 0.042 0.043 0.042 0.042
Support 3 (S3) 0.042 0.042 0.042
Support 4 (S4) 0.042