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CANADIAN MINING COMPANY INC (CNG.V) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Wed, 28 Jun 2017Gravestone DojiHammerTue, 27 Jun 2017-5.71%
***Stock database and scans are updated around midnight (Toronto time) every trading day.
0.32 0.00 (0%) Oct 27 3:29pm EDT
Open: 0.33 Range: 0.31 - 0.33 Vol: 33K Avg Vol: 3.94K
EPS: -0.03 P/E ratio: 0.00 EBITDA: 0.00 Mkt Cap: N/A
Analyze "CNG.V" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 0.35
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 0.11
Last Trade is above the 50 day moving average at 0.09
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 0.09
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of CNG.V

Stock Trend Analysis - Buy, Sell or Hold "CANADIAN MINING COMPANY INC" (CNG.V)?

CNG.V manages to stay above the 200 day moving average in spite of having stayed firmly below the 200 SMA for 97% of the time in the last 52 weeks. Objectively, the long term trend is up and information from the lower level moving averages will give clues if this trend has legs. The medium term trend for CNG.V is extremely bearish and weak, having traded almost 93% of the time below the 50 day moving average. The 20 day moving average has a very weak bearish bias. The weakness may be overdone but the fact that the 50 SMA is also weak do not not offer a compelling reason to go long other than the hope for a relief rally. Pay close attention to the longer term 200 day SMA to see if it maintains the uptrend. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "CNG.V".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Wed, 28 Jun 2017
Canadian Stocks Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance