AFRICA ENERGY CORP (AFE.CA) Stock Technical Analysis
TSX-V:AFE - TSX Venture Exchange - CA00830W5019 - Common Stock - Currency: CAD
Taking everything into account, AFE scores 0 out of 10 in our technical rating. AFE'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than AFE.
AFE is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, of which 93% are performing better than AFE.
AFE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AFE has a been trading in the 0.04 - 0.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
AFE has a poor technical rating and the quality of the setup is also not perfect 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
0.12
0.23
5 important resistance areas can be observed.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.19 from a trend line in the daily time frame.
- Resistance @0.20 from a trend line in the daily time frame.
- A resistance zone ranging from 0.23 to 0.23. 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 | DOWN | NEGATIVE | The long term trend for AFE.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AFE.CA is down. |
| ChartMill Relative Strength | 0.93 | NEGATIVE | AFE.CA has a low relative strength, it was outperformed by 99.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AFE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AFE.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AFE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.87 | NEUTRAL | The RSI value for AFE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AFE.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.67 | OVERSOLD | The low Stochastics value suggests AFE.CA may be oversold. |
| Average True Range in percent/ATR (20) | 27.71 | HIGH VOLATILITY | The high ATR as a percentage value for AFE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.75 | NEGATIVE | The low ADX value for AFE.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-V:AFE (7/17/2025, 7:00:00 PM)
0.12
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week-22.58%
2 Weeks-20%
1 Month-40%
3 Month-40%
6 Month-4%
12 Month-77.14%
2 Year-77.14%
3 Year-93.04%
5 Year-94.15%
10 Year-73.33%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%27.71%
ATR Inc-50%
Range Today0
ADR(20)0.01
ADR(20)%7.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.93
Mansfield-4.19
10 Day High0.16
10 Day Low0.12
20 Day High0.22
20 Day Low0.04
52 Week High0.48
52 Week Low0.04
CS1 EndN/A
CR1 Start0.15
Volume & EV
DER(3)0%
DER(5)0%
Volume600
Volume Incr-81.4%
Vol(5)15.55K
Vol(50)86.22K