ALTURA ENERGY CORP (ALTU.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:ALTU - CA02210E1016 - Common Stock
Overall ALTU gets a technical rating of 0 out of 10. ALTU'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ALTU is a bad performer in the overall market: 100% of all stocks are doing better.
- ALTU is part of the Chemicals industry. There are 29 other stocks in this industry, of which 89% are performing better than ALTU.
- ALTU 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.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ALTU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.12, a Stop Loss order could be placed below this zone.
More info and screens
0.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
2 important resistance areas can be observed.
- A resistance 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.
- Resistance @0.15 from a trend line in the daily time frame.
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 ALTU.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALTU.CA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ALTU.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALTU.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALTU.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 43.22 | NEUTRAL | The RSI value for ALTU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALTU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20 | NEUTRAL | The Stochastics value for ALTU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for ALTU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.01 | NEGATIVE | The low ADX value for ALTU.CA suggests a weak or negative trend. |
TSX-V:ALTU (1/15/2026, 7:00:00 PM)
0.12
0 (0%)
ALTURA ENERGY CORP / ALTU.CA FAQ
What is the technical rating for ALTU stock?
ChartMill assigns a technical rating of 0 / 10 to ALTU.CA.
What is the trend direction for ALTU stock?
The current trend direction for ALTURA ENERGY CORP (ALTU.CA) is Bearish.
What is the RSI signal for ALTURA ENERGY CORP (ALTU.CA) stock?
ALTURA ENERGY CORP (ALTU.CA) has an RSI value of 43.218. This indicates that the stock is currently neutral.
What is the MACD signal for ALTURA ENERGY CORP (ALTU.CA) stock?
The MACD indicator for ALTURA ENERGY CORP (ALTU.CA) has a value of -0.000484264, indicating a bearish trend.
What is the short term momentum for ALTURA ENERGY CORP (ALTU.CA) stock?
The short term momentum for ALTURA ENERGY CORP (ALTU.CA) is negative.