Advantage Energy Ltd (AAV-DB.CA) Stock Technical Analysis
TSX:AAV-DB - Toronto Stock Exchange - - Currency: CAD
Taking everything into account, AAV-DB scores 6 out of 10 in our technical rating. Although AAV-DB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, AAV-DB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 101.95, a Stop Loss order could be placed below this zone.
More info and screens
97.12
We found 1 important support area.
- A support zone ranging from 98.10 to 101.95. 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 102.50 to 105.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 |
|---|---|---|---|
| 104.01 | 99.24 | 4.77 (4.59%) | 21.81% |
| An entry @104.01. This is a Buy Stop order right above the 10 day high. | An exit @99.24. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.77 points, which is 4.59%. | For a 1.00% total portfolio risk, you can invest 21.81% 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 (5/5/2025, 7:00:00 PM)
102.41
-0.13 (-0.13%)