ALVOPETRO ENERGY LTD (ALV.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:ALV - CA02255Q2099 - Common Stock
Overall ALV gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ALV is only an average performer.
ALV has an excellent technical rating, but the quality of the setup is only medium 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
4.89
We found 5 important support areas.
- A support zone ranging from 6.26 to 6.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.01 to 6.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong support @5.84 from a horizontal line in the daily time frame.
- A support zone ranging from 5.67 to 5.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.94 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.89 to 7.00. 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 | UP | POSITIVE | The long term trend for ALV.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALV.CA is up. |
| ChartMill Relative Strength | 57.6 | NEUTRAL | ALV.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALV.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALV.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALV.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.66 | NEUTRAL | The RSI value for ALV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALV.CA has a negative trend. |
| Stochastics (14,3) | 42.24 | NEUTRAL | The Stochastics value for ALV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for ALV.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.9 | POSITIVE | The high ADX value value for ALV.CA suggests a strong trend. |
TSX-V:ALV (1/9/2026, 7:00:00 PM)
6.6
+0.15 (+2.33%)
ALVOPETRO ENERGY LTD / ALV.CA FAQ
Can you provide the ChartMill technical rating for ALVOPETRO ENERGY LTD?
ChartMill assigns a technical rating of 8 / 10 to ALV.CA.
Can you provide the trend direction for ALVOPETRO ENERGY LTD?
The current trend direction for ALVOPETRO ENERGY LTD (ALV.CA) is Bullish.
Can you provide the RSI signal for ALVOPETRO ENERGY LTD?
ALVOPETRO ENERGY LTD (ALV.CA) has an RSI value of 55.6648. This indicates that the stock is currently neutral.
What is the MACD signal for ALV stock?
The MACD indicator for ALVOPETRO ENERGY LTD (ALV.CA) has a value of -0.0139578, indicating a bearish trend.
What is the buy/sell signal for ALVOPETRO ENERGY LTD (ALV.CA) stock?
The buy/sell signal for ALVOPETRO ENERGY LTD (ALV.CA) is buy as both the short term and long term trends are positive.