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ARROW EXPLORATION CORP (AXL.CA) Stock Technical Analysis

TSX-V:AXL - TSX Venture Exchange - CA04274P1053 - Common Stock - Currency: CAD

0.34  +0.01 (+1.49%)

Technical Rating and Analysis

0

Overall AXL gets a technical rating of 0 out of 10. AXL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, AXL is a bad performer in the overall market: 82% of all stocks are doing better.
AXL is part of the Oil, Gas & Consumable Fuels industry. There are 219 other stocks in this industry, of which 60% are performing better than AXL.
AXL is currently trading near the lower end of its 52 week range, which is not a good sign. AXL is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month AXL has a been trading in the 0.33 - 0.39 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ARROW EXPLORATION CORP / AXL Weekly stock chart
ARROW EXPLORATION CORP / AXL Daily stock chart
Setup Rating and Analysis

5

Although the technical rating is bad, AXL does present a nice setup opportunity. Prices have been consolidating lately.

Support and Resistance Analysis

0.34

0.43

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.43 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.81
Mansfield-2.48
10 Day High0.37
10 Day Low0.33
20 Day High0.39
20 Day Low0.33
52 Week High0.62
52 Week Low0.31
Performance
1 Week-4.23%
2 Weeks-5.56%
1 Month-8.11%
3 Month-12.82%
6 Month-35.85%
12 Month-19.05%
2 Year13.33%
3 Year51.11%
5 Year871.43%
10 YearN/A
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)38.45
LBB0.33
UBB0.37
ARROW EXPLORATION CORP / AXL Daily stock chart

ARROW EXPLORATION CORP

TSX-V:AXL (3/7/2025, 7:00:00 PM)

0.34

+0.01 (+1.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.49%
1 Week-4.23%
2 Weeks-5.56%
1 Month-8.11%
3 Month-12.82%
6 Month-35.85%
12 Month-19.05%
2 Year13.33%
3 Year51.11%
5 Year871.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%4.34%
ATR Inc5%
Range Today0.02
ADR(20)0.01
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.81
Mansfield-2.48
10 Day High0.37
10 Day Low0.33
20 Day High0.39
20 Day Low0.33
52 Week High0.62
52 Week Low0.31
CS1 EndN/A
CR1 Start0.39
Volume & EV
DER(3)-83.52%
DER(5)-54.5%
Volume102.20K
Volume Incr-67.47%
Vol(5)90.88K
Vol(50)155.72K