AFRICA ENERGY CORP (AFE.CA) Stock Technical Analysis
TSX-V:AFE - TSX Venture Exchange - CA00830W1059 - Common Stock - Currency: CAD
Overall AFE gets a technical rating of 6 out of 10. AFE has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
AFE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When compared to the yearly performance of all other stocks, AFE outperforms 41% of them, which is more or less in line with the market.
AFE is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 61% of 219 stocks in the same industry.
In the last month AFE has a been trading in the 0.03 - 0.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AFE has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.03
0.07
We found 2 important support areas.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.05 from a trend line in the weekly time frame.
- Resistance @0.07 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.85
Mansfield-3.2
10 Day High0.04
10 Day Low0.04
20 Day High0.05
20 Day Low0.03
52 Week High0.11
52 Week Low0.02
Performance
1 Week14.29%
2 Weeks14.29%
1 Month33.33%
3 Month60%
6 Month14.29%
12 Month-57.89%
2 Year-77.78%
3 Year-84.31%
5 Year-77.78%
10 Year-66.67%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)59.77
LBB0.03
UBB0.04
TSX-V:AFE (3/4/2025, 7:00:00 PM)
0.04
+0 (+14.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg14.29%
1 Week14.29%
2 Weeks14.29%
1 Month33.33%
3 Month60%
6 Month14.29%
12 Month-57.89%
2 Year-77.78%
3 Year-84.31%
5 Year-77.78%
10 Year-66.67%
15 YearN/A
Volatility
ATR(14)0
ATR(20)%8.13%
ATR Inc-12.5%
Range Today0
ADR(20)0
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.85
Mansfield-3.2
10 Day High0.04
10 Day Low0.04
20 Day High0.05
20 Day Low0.03
52 Week High0.11
52 Week Low0.02
CS1 End0.04
CR1 Start0.05
Volume & EV
DER(3)0.42%
DER(5)-759.75%
Volume79.00K
Volume Incr-75.56%
Vol(5)22.56K
Vol(50)71.03K