[BEARISH]: Cairn Energy UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.127.
[BULLISH]: Cairn Energy currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.5%.
[BULLISH]: Cairn Energybuyers are keener than sellers and are driving the price up. There has been 2 consecutive days of price rise for CNE adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 4.1 & the greatest daily positive change this year has been 4.1. The longest consecutive upswing rally over the last 12 months has been 3 days giving a total rally upward movement of 6.7%. This quarter, the largest upswing rally has been 2 days giving a total rally upward movement of 4.1%. The win ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1x. Over the last month the average daily upward movement has been 2.3%
London Stock Exchange
Cairn Energy: The current Fibonacci Extension levels are: (23.61%) $228.48: (38.2%) $223.71: (50%) $219.85: (61.8%) $215.99The current support levels are: (78.6%) $210.5: (100%) $203.5: (138.2%) $191.01: (161.8%) $183.29: (261.8%) $150.59: (423.61%) $97.68
Cairn Energy: Coles Rally Day has been confirmed A higher high has been achieved for last trading day for CNE
[Bullish]: Average True Range has confirmed an uptrend is present. Cairn Energy has a TR of 7, and an ATR(14) of 6.464.
[BEARISH]: Cairn Energy current uptrend in the first timeframe. Currently, the Low is $229.2 (1.7 %).
CNE: Aroon Oscillator Current Signal -> (1) 12 Jan: BULLISH STRONG (2) 12 Jan: BULLISH STRONG (3) 12 Jan: BULLISH STRONG
[BULLISH]: Cairn Energy current price has highlighted recent accumulation. Currently, the OBV is 1.95646e+007.
[BULLISH]: Cairn Energy current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.29. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.38
[BULLISH]: Cairn Energy current accumulation has given strength to the share price and the continuation of bullish trading conditions.
Cairn Energy has broken the first Camarilla resistance point ($252.811) [Bullish]. Look for a long limit order entry near this point. Exit price for CNE should be set @$272.222 & Stoploss for Cairn Energy should be set between $194.578 & $175.167
CNE: MOM Current Signal -> (1) 12 Jan: BULLISH CROSSOVER (2) 12 Jan: BEARISH (3) 12 Jan: BEARISH
[BULLISH]: Cairn Energy is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.
[BULLISH]: Cairn Energy currently has positive rate of change of 11.6%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction
[BULLISH]: Cairn Energy currently has a confirmed uptrend. Price is currently above the displaced moving average for CNECurrently, the return on DPO20 is 0.5%.
Cairn Energy current pivot point is: 232.933. The current resistance levels are: (R1) $236.666: (R2) $239.933: (R3) $243.666: The current support levels are: (S1) $229.666: (S2) $225.933: (S3) $222.666