Technical Analysis for SHPNF - Shoal Point Energy Ltd

Grade Last Price % Change Price Change
grade F 0.1301 -5.59% -0.0077
SHPNF closed down 5.59 percent on Friday, December 6, 2019, on 39 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. 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
Weak or Absent N/A Down Down
See historical SHPNF trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish -5.59%
Narrow Range Bar Range Contraction -5.59%
Wide Bands Range Expansion -5.59%
Gapped Up Strength -5.59%

Older signals for SHPNF ...

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Profile

Shoal Point Energy is a petroleum exploration and development company with offices in Toronto, Ontario and Vancouver, British Columbia. The company is dedicated to the exploration of the Green Point Shale which it believes is one of the largest undeveloped oil resources in North America.
Chemistry Physical Sciences Petroleum Petroleum Geology Hydrocarbon Exploration Liquids Oil Exploration Shale Gas By Country Shale Gas In Canada

Is SHPNF 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 1.2675
52 Week Low 0.0025
Average Volume 60,296
200-Day Moving Average 0.0000
50-Day Moving Average 0.1546
20-Day Moving Average 0.1653
10-Day Moving Average 0.1445
Average True Range 0.0148
ADX 24.99
+DI 17.4334
-DI 49.6368
Chandelier Exit (Long, 3 ATRs ) 0.1635
Chandelier Exit (Short, 3 ATRs ) 0.1549
Upper Bollinger Band 0.2154
Lower Bollinger Band 0.1152
Percent B (%b) 0.15
BandWidth 60.6171
MACD Line -0.0084
MACD Signal Line -0.0022
MACD Histogram -0.0061
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.1642
Resistance 3 (R3) 0.1614 0.1473 0.1585
Resistance 2 (R2) 0.1473 0.1386 0.1487 0.1566
Resistance 1 (R1) 0.1387 0.1333 0.1317 0.1415 0.1547
Pivot Point 0.1246 0.1246 0.1211 0.1260 0.1246
Support 1 (S1) 0.1160 0.1159 0.1090 0.1188 0.1055
Support 2 (S2) 0.1019 0.1106 0.1033 0.1036
Support 3 (S3) 0.0933 0.1019 0.1017
Support 4 (S4) 0.0961