AFRICA OIL CORP (AOI.CA) Stock Technical Analysis
TSX:AOI - Toronto Stock Exchange - CA00829Q1019 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to AOI. In the past year, AOI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, AOI is a bad performer in the overall market: 71% of all stocks are doing better.
AOI 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.
In the last month AOI has a been trading in the 1.79 - 1.99 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
AOI is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 53% of 221 stocks in the same industry.
Although the technical rating is bad, AOI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.89, a Stop Loss order could be placed below this zone.
More info and screens
1.71
2.15
4 important support areas can be observed.
- A support zone ranging from 1.87 to 1.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.83 from a trend line in the daily time frame.
- Support @1.78 from a horizontal line in the daily time frame.
- A support zone ranging from 1.73 to 1.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.92 to 1.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.01 from a trend line in the daily time frame.
- Resistance @2.07 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.11 to 2.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.14
Mansfield-1.35
10 Day High1.99
10 Day Low1.79
20 Day High1.99
20 Day Low1.79
52 Week High2.61
52 Week Low1.71
Performance
1 Week-1.04%
2 Weeks1.06%
1 Month3.26%
3 Month0%
6 Month2.15%
12 Month-9.09%
2 Year-37.29%
3 Year-15.18%
5 Year120.93%
10 Year3.26%
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)0.01
RSI(14)49.3
LBB1.84
UBB1.94
TSX:AOI (3/7/2025, 7:00:00 PM)
1.9
-0.01 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.52%
1 Week-1.04%
2 Weeks1.06%
1 Month3.26%
3 Month0%
6 Month2.15%
12 Month-9.09%
2 Year-37.29%
3 Year-15.18%
5 Year120.93%
10 Year3.26%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%3.26%
ATR Inc-1.09%
Range Today0.06
ADR(20)0.06
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.14
Mansfield-1.35
10 Day High1.99
10 Day Low1.79
20 Day High1.99
20 Day Low1.79
52 Week High2.61
52 Week Low1.71
CS1 End1.89
CR1 Start1.92
Volume & EV
DER(3)-14.35%
DER(5)-11.11%
Volume512.52K
Volume Incr-17.36%
Vol(5)663.17K
Vol(50)572.39K