Technical Analysis for CNE - Cairn Energy Plc

Grade Last Price % Change Price Change
C 175.00 4.79% 8.00
CNE closed up 4.79 percent on Thursday, March 28, 2024, on 1.25 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: Mar 28
*** please verify all earnings dates ***
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Earnings Movers Other 0.00%
Multiple of Ten Bullish Other 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Spinning Top Other 4.79%
NR7 Range Contraction 4.79%
Wide Bands Range Expansion 4.79%

   Recent Intraday Alerts

Alert Time
Up 5% about 6 hours ago
Rose Above Upper Bollinger Band about 6 hours ago
Up 1 ATR about 10 hours ago
Rose Above Previous Day's High about 10 hours ago
Up 3% about 10 hours ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Cairn Energy Plc Description

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.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Energy Oil Gas Oil And Gas Pain Offshore Gas Exploration Oil And Gas Exploration North Sea Mauritania Malta Greenland Capricorn

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 245.9181
52 Week Low 109.201
Average Volume 234,446
200-Day Moving Average 159.83
50-Day Moving Average 133.09
20-Day Moving Average 139.44
10-Day Moving Average 155.90
Average True Range 6.24
RSI (14) 86.65
ADX 46.59
+DI 50.10
-DI 6.63
Chandelier Exit (Long, 3 ATRs) 160.27
Chandelier Exit (Short, 3 ATRs) 133.13
Upper Bollinger Bands 176.55
Lower Bollinger Band 102.33
Percent B (%b) 0.98
BandWidth 53.23
MACD Line 11.26
MACD Signal Line 6.72
MACD Histogram 4.5326
Fundamentals Value
Market Cap 163.02 Million
Num Shares 93.2 Million
EPS -1.10
Price-to-Earnings (P/E) Ratio -159.09
Price-to-Sales 0.60
Price-to-Book 0.24
PEG Ratio 0.61
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 189.70
Resistance 3 (R3) 189.40 184.20 187.25
Resistance 2 (R2) 184.20 180.46 184.35 186.43
Resistance 1 (R1) 179.60 178.14 181.90 179.90 185.62
Pivot Point 174.40 174.40 175.55 174.55 174.40
Support 1 (S1) 169.80 170.66 172.10 170.10 164.38
Support 2 (S2) 164.60 168.34 164.75 163.57
Support 3 (S3) 160.00 164.60 162.75
Support 4 (S4) 160.30