ADVANTAGE ENERGY LTD (AAV.CA) Stock Technical Analysis
TSX:AAV - Toronto Stock Exchange - CA00791P1071 - Common Stock - Currency: CAD
We assign a technical rating of 2 out of 10 to AAV. AAV has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month AAV has a been trading in the 10.64 - 11.80 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, AAV outperforms 58% of them, which is more or less in line with the market.
AAV is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, AAV did better than 62% of them.
AAV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AAV is lagging the market.
AAV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.82, a Stop Loss order could be placed below this zone.
More info and screens
8.37
11.72
We found 4 important support areas.
- A support zone ranging from 10.67 to 10.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.56 from a trend line in the weekly time frame.
- Support @8.70 from a trend line in the weekly time frame.
- Support @8.45 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.87 to 11.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.48 to 11.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AAV.CA is down. |
| ChartMill Relative Strength | 58.34 | NEUTRAL | AAV.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AAV.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AAV.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AAV.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.81 | NEUTRAL | The RSI value for AAV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AAV.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.23 | OVERSOLD | The low Stochastics value suggests AAV.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for AAV.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.82 | NEGATIVE | The low ADX value for AAV.CA suggests a weak or negative trend. |
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)
TSX:AAV (8/8/2025, 7:00:00 PM)
10.83
+0.06 (+0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.56%
1 Week-1.99%
2 Weeks-1.72%
1 Month-3.39%
3 Month3.04%
6 Month16.45%
12 Month22.37%
2 Year12.46%
3 Year-3.48%
5 Year399.08%
10 Year47.75%
15 Year69.75%
Volatility
ATR(14)0.34
ATR(20)%3.1%
ATR Inc178.19%
Range Today0.47
ADR(20)0.33
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.34
Mansfield-0.06
10 Day High11.8
10 Day Low10.69
20 Day High11.8
20 Day Low10.64
52 Week High12.75
52 Week Low7.81
CS1 End10.82
CR1 Start10.87
Volume & EV
DER(3)-8.59%
DER(5)-6.69%
Volume602.66K
Volume Incr37.07%
Vol(5)608.56K
Vol(50)545.52K