AFRICA ENERGY CORP (AFE.CA) Stock Technical Analysis
Canada - TSX-V:AFE - CA00830W5019 - Common Stock
Taking everything into account, AFE scores 0 out of 10 in our technical rating. AFE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of AFE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.10
When analyzing the resistance we notice 3 important areas.
- 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 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 6 | NEGATIVE | AFE.CA has a low relative strength, it was outperformed by 94% 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) | 32.86 | NEUTRAL | The RSI value for AFE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AFE.CA has a negative trend. |
| Stochastics (14,3) | 4.44 | OVERSOLD | The low Stochastics value suggests AFE.CA may be oversold. |
| Average True Range in percent/ATR (20) | 10.95 | HIGH VOLATILITY | The high ATR as a percentage value for AFE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.7 | NEGATIVE | The low ADX value for AFE.CA suggests a weak or negative trend. |
TSX-V:AFE (10/21/2025, 7:00:00 PM)
0.105
-0.01 (-12.5%)
AFRICA ENERGY CORP / AFE.CA FAQ
What is the technical rating for AFE stock?
ChartMill assigns a technical rating of 0 / 10 to AFE.CA.
What is the current trend direction of AFRICA ENERGY CORP (AFE.CA) stock?
The current trend direction for AFRICA ENERGY CORP (AFE.CA) is Bearish.
What is the RSI signal for AFRICA ENERGY CORP (AFE.CA) stock?
AFRICA ENERGY CORP (AFE.CA) has an RSI value of 32.8627. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for AFRICA ENERGY CORP?
The buy/sell signal for AFRICA ENERGY CORP (AFE.CA) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for AFRICA ENERGY CORP (AFE.CA) stock?
AFRICA ENERGY CORP (AFE.CA) has a resistance level at 0.15. Check the full technical report for our detailed analysis of AFE.CA support and resistance levels.