AFRICA ENERGY CORP (AFE.CA) Stock Technical Analysis
TSX-V:AFE • CA00830W5019
Taking everything into account, AFE scores 4 out of 10 in our technical rating. In the past year, AFE was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- Warning: AFE has an average volume of 19768 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, AFE turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- AFE is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 57% of 212 stocks in the same industry.
- AFE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AFE is lagging the market.
- In the last month AFE has a been trading in the 0.11 - 0.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AFE has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.11
We found 2 important support areas.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.15 to 0.15. 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 | NEUTRAL | NEUTRAL | The long term trend for AFE.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AFE.CA is neutral. |
| ChartMill Relative Strength | 57 | NEUTRAL | AFE.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AFE.CA is above 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 | MIXED | The current price of AFE.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.84 | NEUTRAL | The RSI value for AFE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AFE.CA has a positive trend. |
| Stochastics (14,3) | 27.78 | NEUTRAL | The Stochastics value for AFE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.21 | HIGH VOLATILITY | The high ATR as a percentage value for AFE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.82 | NEGATIVE | The low ADX value for AFE.CA suggests a weak or negative trend. |
TSX-V:AFE (2/9/2026, 7:00:00 PM)
0.145
+0.02 (+20.83%)
AFRICA ENERGY CORP / AFE.CA FAQ
What is the technical rating for AFE stock?
ChartMill assigns a technical rating of 4 / 10 to AFE.CA.
What is the trend direction for AFE 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 56.8445. 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 0.13 and a resistance level at 0.15. Check the full technical report for our detailed analysis of AFE.CA support and resistance levels.