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TAMARACK VALLEY ENERGY LTD (TVE.CA) Stock Technical Analysis

TSX:TVE - Toronto Stock Exchange - CA87505Y4094 - Common Stock - Currency: CAD

4.07  +0.11 (+2.78%)

Technical Rating and Analysis

1

Taking everything into account, TVE scores 1 out of 10 in our technical rating. TVE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

TVE has an average volume of 2328390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, TVE outperforms 53% of them, which is more or less in line with the market.
TVE is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 68% of 219 stocks in the same industry.
TVE is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month TVE has a been trading in the 3.72 - 4.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
TAMARACK VALLEY ENERGY LTD / TVE Weekly stock chart
TAMARACK VALLEY ENERGY LTD / TVE Daily stock chart
Setup Rating and Analysis

3

The technical rating of TVE is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

3.76

4.68

We found 2 important support areas.

  • A support zone ranging from 3.89 to 3.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @3.80 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 4.49 to 4.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @4.63 from a horizontal 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
CRS53.57
Mansfield-0.27
10 Day High4.53
10 Day Low3.72
20 Day High4.7
20 Day Low3.72
52 Week High5.05
52 Week Low3.43
Performance
1 Week-4.68%
2 Weeks-9.15%
1 Month-7.08%
3 Month-8.33%
6 Month11.51%
12 Month16.95%
2 Year3.04%
3 Year-17.94%
5 Year730.61%
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)-0.05
RSI(14)36.58
LBB3.76
UBB4.81
TAMARACK VALLEY ENERGY LTD / TVE Daily stock chart

TAMARACK VALLEY ENERGY LTD

TSX:TVE (3/7/2025, 7:00:00 PM)

4.07

+0.11 (+2.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.78%
1 Week-4.68%
2 Weeks-9.15%
1 Month-7.08%
3 Month-8.33%
6 Month11.51%
12 Month16.95%
2 Year3.04%
3 Year-17.94%
5 Year730.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%3.6%
ATR Inc-5.11%
Range Today0.1
ADR(20)0.14
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.57
Mansfield-0.27
10 Day High4.53
10 Day Low3.72
20 Day High4.7
20 Day Low3.72
52 Week High5.05
52 Week Low3.43
CS1 End3.92
CR1 Start4.49
Volume & EV
DER(3)6.12%
DER(5)4.6%
Volume2.03M
Volume Incr35.08%
Vol(5)3.21M
Vol(50)2.33M