ADVANTAGE OIL & GAS LTD (AAV) Technical Analysis
NYSE:AAV • CA00765F1018
Current stock price
AAV Technical Rating and Analysis
Overall AAV gets a technical rating of 0 out of 10. AAV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 97% of all other stocks performed better in the past year than AAV.
- AAV is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- AAV is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
AAV Weekly and Daily overview Charts
AAV Setup Rating and Analysis
The technical rating of AAV 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.
More info and screens
AAV Support and Resistance Analysis
2.42
When analyzing the support we notice one important area.
- Support @2.44 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @2.61 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.90 to 3.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
AAV Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for AAV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AAV is down. |
| ChartMill Relative Strength | 3.06 | NEGATIVE | AAV has a low relative strength, it was outperformed by 96.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AAV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AAV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AAV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34 | NEUTRAL | The RSI value for AAV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AAV has a positive trend. |
| Stochastics (14,3) | 21.04 | NEUTRAL | The Stochastics value for AAV is a neutral value. |
| Average True Range in percent/ATR (20) | 5.79 | HIGH VOLATILITY | The high ATR as a percentage value for AAV suggests high volalility. |
AAV Chart- and CandleStick Pattern Analysis
AAV Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:AAV (9/21/2018, 8:04:05 PM)
2.5
0 (0%)
ADVANTAGE OIL & GAS LTD / AAV TA FAQ
What is the ChartMill technical rating of ADVANTAGE OIL & GAS LTD (AAV) stock?
ChartMill assigns a technical rating of 0 / 10 to AAV.
Can you provide the trend direction for ADVANTAGE OIL & GAS LTD?
The current trend direction for ADVANTAGE OIL & GAS LTD (AAV) is Bearish.
What is the RSI signal for ADVANTAGE OIL & GAS LTD (AAV) stock?
ADVANTAGE OIL & GAS LTD (AAV) has an RSI value of 34.004. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ADVANTAGE OIL & GAS LTD?
The MACD indicator for ADVANTAGE OIL & GAS LTD (AAV) has a value of 0.00248842, indicating a bearish trend.
What is the short term momentum for AAV stock?
The short term momentum for ADVANTAGE OIL & GAS LTD (AAV) is negative.