Canacol Energy Stock Pattern Recognition Long Line Candle

CNE Stock  CAD 3.85  0.22  5.41%   
Canacol Energy pattern recognition tool provides the execution environment for running the Long Line Candle recognition and other technical functions against Canacol Energy. Canacol Energy value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Long Line Candle recognition function is designed to identify and follow existing trends. Canacol Energy momentum indicators are usually used to generate trading rules based on assumptions that Canacol Energy trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of seven valid pattern recognition events for the selected time horizon. The Long Line Candle pattern shows indecision reversal trend for Canacol Energy.

Canacol Energy Technical Analysis Modules

Most technical analysis of Canacol Energy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Canacol from various momentum indicators to cycle indicators. When you analyze Canacol charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Canacol Energy Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Canacol Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canacol Energy based on widely used predictive technical indicators. In general, we focus on analyzing Canacol Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canacol Energy's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Canacol Energy's intrinsic value. In addition to deriving basic predictive indicators for Canacol Energy, we also check how macroeconomic factors affect Canacol Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 (projected)
Dividend Yield0.06520.110.15
Price To Sales Ratio1.460.740.57
Hype
Prediction
LowEstimatedHigh
0.333.857.37
Details
Intrinsic
Valuation
LowRealHigh
0.123.647.16
Details
Naive
Forecast
LowNextHigh
0.744.267.78
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.130.130.13
Details

Be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Generate Optimal Portfolios

Align your risk and return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Other Information on Investing in Canacol Stock

Canacol Energy financial ratios help investors to determine whether Canacol Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canacol with respect to the benefits of owning Canacol Energy security.