Advantage Energy Ltd (AAV-DB.CA) Stock Technical Analysis
TSX:AAV-DB - Toronto Stock Exchange - - Currency: CAD
Overall AAV-DB gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, AAV-DB is a bad performer.
Although the technical rating is only medium, AAV-DB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 104.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 103.00, a Stop Loss order could be placed below this zone.
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97.12
When analyzing the support we notice one important area.
- A support zone ranging from 98.10 to 103.00. 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 one important area.
- A resistance zone ranging from 104.01 to 105.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AAV-DB.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AAV-DB.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AAV-DB.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AAV-DB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AAV-DB.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 57.21 | NEUTRAL | The RSI value for AAV-DB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests AAV-DB.CA has a positive trend. |
| Stochastics (14,3) | 79.19 | NEUTRAL | The Stochastics value for AAV-DB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for AAV-DB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.2 | NEGATIVE | The low ADX value for AAV-DB.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 105.01 | 101.00 | 4.01 (3.82%) | 25.00% |
| An entry @105.01. This is a Buy Stop order right above the resistance zone. | An exit @101.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.01 points, which is 3.82%. | For a 0.95% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:AAV-DB (5/22/2025, 7:00:00 PM)
104
0 (0%)