Technical Analysis for CEO - CNOOC Limited

Grade Last Price % Change Price Change
grade D 116.67 3.01% 3.41
CEO closed up 3.01 percent on Wednesday, August 12, 2020, on 83 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up
Historical CEO trend table...

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Stochastic Reached Overbought Strength 0.00%
Weak + Overbought Other 0.00%
BB Squeeze Ended Range Expansion 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%

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Profile

CNOOC Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil, natural gas, and other petroleum products. Its oil and natural gas properties are located primarily in offshore China, which include Bohai Bay, western South China Sea, eastern South China Sea, and East China Sea, as well as in Indonesia, Iraq, other regions in Asia, Australia, Nigeria, Uganda, other regions of Africa, Argentina, the United States, Canada, Trinidad and Tobago, and the United Kingdom. As of December 31, 2012, the company owned net proved reserves of approximately 3.49 billion barrels-of-oil equivalent. It also provides bond issuance services. The company is based in Hong Kong, Hong Kong, and is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. CNOOC Limited is a subsidiary of China National Offshore Oil Corporation.
Natural Gas Oil Crude Oil Petroleum Products Natural Gas Properties

Is CEO 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 181.13
52 Week Low 81.11
Average Volume 120,806
200-Day Moving Average 131.18
50-Day Moving Average 113.88
20-Day Moving Average 111.02
10-Day Moving Average 110.42
Average True Range 2.86
ADX 11.84
+DI 35.15
-DI 24.64
Chandelier Exit (Long, 3 ATRs ) 108.41
Chandelier Exit (Short, 3 ATRs ) 112.77
Upper Bollinger Band 115.58
Lower Bollinger Band 106.45
Percent B (%b) 1.12
BandWidth 8.22
MACD Line -0.20
MACD Signal Line -0.91
MACD Histogram 0.7161
Fundamentals Value
Market Cap 52.09 Billion
Num Shares 446 Million
EPS 8.30
Price-to-Earnings (P/E) Ratio 14.06
Price-to-Sales 2.20
Price-to-Book 0.98
PEG Ratio 0.00
Dividend 5.12
Dividend Yield 4.39%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 119.64
Resistance 3 (R3) 119.42 118.21 119.15
Resistance 2 (R2) 118.21 117.45 118.32 118.98
Resistance 1 (R1) 117.44 116.99 117.83 117.66 118.81
Pivot Point 116.23 116.23 116.42 116.34 116.23
Support 1 (S1) 115.46 115.47 115.85 115.68 114.53
Support 2 (S2) 114.25 115.01 114.36 114.36
Support 3 (S3) 113.48 114.25 114.20
Support 4 (S4) 113.70