Technical Analysis for CNE - Cairn Energy Plc

Grade Last Price % Change Price Change
grade F 139.1 -1.21% -1.70
CNE closed down 1.21 percent on Friday, February 28, 2020, on 2.01 times normal volume. The bears made the stock sink to a new 52-week low. 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.
Earnings due: Mar 10
*** please verify all earnings dates ***

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical CNE trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Gilligan's Island Buy Setup Bullish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%

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Profile

Cairn Energy PLC (Cairn) is a United Kingdom-based independent oil and gas exploration and development company. The Company's portfolio is focused on approximately three geographical regions, such as North West Europe, the Atlantic Margin and the Mediterranean. Cairn has exploration and appraisal assets in the Atlantic Margin, North West Europe and the Mediterranean, and core development assets in the North Sea. The Company has interests in over two the United Kingdom North Sea developments, Catcher and Kraken, and a third development, Skarfjell. Cairn holds approximately 40% interest in over three contiguous blocks offshore Senegal. The Company's subsidiaries include Capricorn Oil Limited, Cairn UK Holdings Limited, Capricorn Spain Limited, Capricorn Malta Limited, Capricorn Greenland Exploration A/S, Capricorn Exploration and Development Company Limited, Capricorn Mauritania Limited, Capricorn Senegal Limited and Capricorn Ireland Limited.
Oil And Gas Exploration Economy Of The United Kingdom Scotland

Is CNE 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 216.8
52 Week Low 133.1
Average Volume 1,370,360
200-Day Moving Average 175.89
50-Day Moving Average 182.80
20-Day Moving Average 166.30
10-Day Moving Average 160.81
Average True Range 7.32
ADX 28.61
+DI 13.23
-DI 43.34
Chandelier Exit (Long, 3 ATRs ) 167.03
Chandelier Exit (Short, 3 ATRs ) 155.07
Upper Bollinger Band 189.67
Lower Bollinger Band 142.92
Percent B (%b) -0.08
BandWidth 28.12
MACD Line -9.31
MACD Signal Line -6.28
MACD Histogram -3.0247
Fundamentals Value
Market Cap 793.98 Million
Num Shares 5.71 Million
EPS -0.96
Price-to-Earnings (P/E) Ratio -144.90
Price-to-Sales 0.00
Price-to-Book 33.05
PEG Ratio -0.34
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 148.10
Resistance 3 (R3) 147.10 143.10 146.60
Resistance 2 (R2) 143.10 140.81 143.60 146.10
Resistance 1 (R1) 141.10 139.39 142.10 142.10 145.60
Pivot Point 137.10 137.10 137.60 137.60 137.10
Support 1 (S1) 135.10 134.81 136.10 136.10 132.60
Support 2 (S2) 131.10 133.39 131.60 132.10
Support 3 (S3) 129.10 131.10 131.60
Support 4 (S4) 130.10