ADVANTAGE OIL & GAS LTD (AAV) Technical Analysis
NYSE:AAV • CA00765F1018
Current stock price
AAV Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to AAV. AAV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, AAV is a bad performer in the overall market: 97% of all stocks are doing better.
- AAV is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AAV is lagging the market.
- 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.
What is the trend direction for AAV stock?
The current trend direction for ADVANTAGE OIL & GAS LTD (AAV) is Bearish.
What is the RSI signal for AAV stock?
ADVANTAGE OIL & GAS LTD (AAV) has an RSI value of 34.004. This indicates that the stock is currently neutral.
What is the buy/sell signal for AAV stock?
The buy/sell signal for ADVANTAGE OIL & GAS LTD (AAV) is sell as both the short term and long term trends are negative.
What is the support and resistance level for AAV stock?
ADVANTAGE OIL & GAS LTD (AAV) has a support level at 2.44 and a resistance level at 2.61. Check the full technical report for our detailed analysis of AAV support and resistance levels.