ALVOPETRO ENERGY LTD (ALV.CA) Stock Technical Analysis
Canada - TSX-V:ALV - CA02255Q2099 - Common Stock
We assign a technical rating of 2 out of 10 to ALV. Although ALV is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ALV has a poor technical rating and the quality of the setup is also not perfect 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
4.82
When analyzing the support we can see 4 important areas.
- Support @6.01 from a horizontal line in the daily time frame.
- 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 @4.87 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @6.07 from a trend line in the daily time frame.
- A resistance zone ranging from 6.28 to 6.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.82 to 6.98. 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 ALV.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALV.CA is down. |
| ChartMill Relative Strength | 72.09 | POSITIVE | ALV.CA has a high relative strength, it outperformed 72.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALV.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALV.CA is below a declining 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) | 34.86 | NEUTRAL | The RSI value for ALV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ALV.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.13 | OVERSOLD | The low Stochastics value suggests ALV.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for ALV.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.94 | NEUTRAL | The ADX value for ALV.CA suggests a possible start of a new trend. |
TSX-V:ALV (11/17/2025, 7:00:00 PM)
6.04
-0.06 (-0.98%)
ALVOPETRO ENERGY LTD / ALV.CA FAQ
Can you provide the ChartMill technical rating for ALVOPETRO ENERGY LTD?
ChartMill assigns a technical rating of 2 / 10 to ALV.CA.
What is the trend direction for ALV stock?
The current trend direction for ALVOPETRO ENERGY LTD (ALV.CA) is Bearish.
Can you provide the RSI signal for ALVOPETRO ENERGY LTD?
ALVOPETRO ENERGY LTD (ALV.CA) has an RSI value of 34.8551. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ALVOPETRO ENERGY LTD?
The short term momentum for ALVOPETRO ENERGY LTD (ALV.CA) is negative.