Technical Analysis for CHNGQ - China Natural Gas Inc

Grade Last Price % Change Price Change
grade B 0.015 87.50% 0.0070
CHNGQ closed up 87.5 percent on Monday, August 3, 2020, on 9 percent of normal volume. It was able to find support at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical CHNGQ trend table...

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Crossed Above 20 DMA Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze Started Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 20 DMA Bearish 87.50%
Narrow Range Bar Range Contraction 87.50%
Older signals for CHNGQ ...

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Profile

China Natural Gas, Inc. is an integrated natural gas operator. The Company is engaged in sale and distribution of natural gas and gasoline. The Company is focused on commercial, industrial and residential customers through fueling stations and pipelines, construction of pipeline networks, installation of natural gas fittings and parts for end-users, and conversions of gasoline-fueled vehicles to hybrid (natural gas/gasoline) powered vehicles at automobile conversion sites. The Company operates through its subsidiaries, which include Xilan Energy Co. Ltd., Shaanxi Xilan Natural Gas Equipment Co. Ltd, Hubei Xian Natural Gas Co., Ltd, Lingbao Yuxi Natural Gas Co. Ltd., Shaanxi Jingbian Liquefied Natural Gas Co. Ltd, Henan Xilan Natural Gas Co. Ltd, Xi’an Xilan Auto Body Shop Co, Ltd., Hanchuan Makou Yuntong Compressed Natural Gas Co., Ltd and Xiantao City Jinhua Gas And Oil Co., Ltd.
Chemistry Physical Sciences Natural Gas Chemical Substances Fuel Gas Liquefied Natural Gas Compressed Natural Gas China Natural Gas Pipeline Networks

Is CHNGQ 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 0.06
52 Week Low 0.0002
Average Volume 20,400
200-Day Moving Average 0.0075
50-Day Moving Average 0.0080
20-Day Moving Average 0.0116
10-Day Moving Average 0.0121
Average True Range 0.0089
ADX 46.6
+DI 44.9757
-DI 16.2075
Chandelier Exit (Long, 3 ATRs ) 0.0333
Chandelier Exit (Short, 3 ATRs ) 0.0300
Upper Bollinger Band 0.0217
Lower Bollinger Band 0.0015
Percent B (%b) 0.67
BandWidth 174.1379
MACD Line 0.0012
MACD Signal Line 0.0014
MACD Histogram -0.0002
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.0255
Resistance 3 (R3) 0.0243 0.0197 0.0238
Resistance 2 (R2) 0.0197 0.0170 0.0203 0.0232
Resistance 1 (R1) 0.0173 0.0153 0.0185 0.0185 0.0226
Pivot Point 0.0127 0.0127 0.0133 0.0133 0.0127
Support 1 (S1) 0.0103 0.0100 0.0115 0.0115 0.0074
Support 2 (S2) 0.0057 0.0083 0.0063 0.0068
Support 3 (S3) 0.0033 0.0057 0.0063
Support 4 (S4) 0.0045