Momentum Indicator for CNRG turns positive, indicating new upward trend
CNRG saw its Momentum Indicator move above the 0 level on July 02, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 75 similar instances where the indicator turned positive. In of the 75 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for CNRG just turned positive on July 01, 2025. Looking at past instances where CNRG's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CNRG advanced for three days, in of 292 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 201 cases where CNRG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CNRG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CNRG broke above its upper Bollinger Band on July 02, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Advertisement
General Information
Category Energy
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MITJX | 36.36 | 0.29 | +0.80% |
| MFS Massachusetts Investors Tr R6 | |||
| RTSCX | 31.93 | 0.22 | +0.69% |
| Russell Inv Tax-Managed US Mid&Sm Cap C | |||
| SLCVX | 29.42 | 0.19 | +0.65% |
| Saratoga Large Capitalization Value I | |||
| ECEMX | 15.96 | 0.10 | +0.63% |
| Parametric Emerging Markets C | |||
| PPYPX | 8.77 | -0.02 | -0.23% |
| PIMCO RAE International I-2 | |||
CNRG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CNRG has been closely correlated with RNWZ. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if CNRG jumps, then RNWZ could also see price increases.
| Ticker / NAME | Correlation To CNRG | 1D Price Change % | ||
|---|---|---|---|---|
| CNRG | 100% | +4.18% | ||
| RNWZ - CNRG | 67% Closely correlated | N/A | ||
| XOP - CNRG | 42% Loosely correlated | +1.80% | ||
| IYE - CNRG | 40% Loosely correlated | +0.24% | ||
| OIH - CNRG | 38% Loosely correlated | -0.57% | ||
| VDE - CNRG | 32% Poorly correlated | +0.20% | ||
More | ||||