AFRICA ENERGY CORP (AFE.CA) Technical Analysis
TSX-V:AFE • CA00830W5019
Current stock price
AFE.CA Technical Rating and Analysis
Taking everything into account, AFE scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AFE is showing a nice and steady performance.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- AFE is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 89% of 209 stocks in the same industry.
- When comparing the yearly performance of all stocks, we notice that AFE is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- AFE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AFE is lagging the market slightly.
- In the last month AFE has a been trading in the 0.18 - 0.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AFE.CA Weekly and Daily overview Charts
AFE.CA Setup Rating and Analysis
Besides having an excellent technical rating, AFE also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.15, a Stop Loss order could be placed below this zone.
More info and screens
AFE.CA Support and Resistance Analysis
0.15
When analyzing the support we notice one important area.
- Support @0.15 from a horizontal line in the daily time frame.
AFE.CA 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 | UP | POSITIVE | The long term trend for AFE.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AFE.CA is neutral. |
| ChartMill Relative Strength | 92.82 | POSITIVE | AFE.CA has a high relative strength, it outperformed 92.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AFE.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AFE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AFE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.52 | 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) | 17.8 | OVERSOLD | The low Stochastics value suggests AFE.CA may be oversold. |
| Average True Range in percent/ATR (20) | 25.58 | HIGH VOLATILITY | The high ATR as a percentage value for AFE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 49.36 | POSITIVE | The high ADX value value for AFE.CA suggests a strong trend. |
AFE.CA Chart- and CandleStick Pattern Analysis
AFE.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.33 | 0.24 | 0.09 (27.27%) | 3.67% |
| An entry @0.33. This is a Buy Stop order right above the 10 day moving average. | An exit @0.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.09 points, which is 27.27%. | When investing 3.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of AFE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AFE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:AFE (3/20/2026, 7:00:00 PM)
0.3
-0.03 (-9.09%)
AFRICA ENERGY CORP / AFE.CA TA FAQ
What is the technical rating for AFE stock?
ChartMill assigns a technical rating of 8 / 10 to AFE.CA.
What is the trend direction for AFE stock?
The current trend direction for AFRICA ENERGY CORP (AFE.CA) is Bullish.
What is the RSI signal for AFRICA ENERGY CORP (AFE.CA) stock?
AFRICA ENERGY CORP (AFE.CA) has an RSI value of 53.5175. This indicates that the stock is currently neutral.
What is the short term momentum for AFE stock?
The short term momentum for AFRICA ENERGY CORP (AFE.CA) is neutral.
What is the support and resistance level for AFE stock?
AFRICA ENERGY CORP (AFE.CA) has a support level at 0.15. Check the full technical report for our detailed analysis of AFE.CA support and resistance levels.