ALVOPETRO ENERGY LTD (ALV.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:ALV - CA02255Q2099 - Common Stock
We assign a technical rating of 1 out of 10 to ALV. ALV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, ALV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.85
4 important support areas can be observed.
- 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 @4.90 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.08 to 6.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.23 to 6.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.89 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 | 44.72 | NEUTRAL | ALV.CA is not amongst the best or worst performers 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) | 43.36 | NEUTRAL | The RSI value for ALV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ALV.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.98 | NEUTRAL | The Stochastics value for ALV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for ALV.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.37 | NEGATIVE | The low ADX value for ALV.CA suggests a weak or negative trend. |
TSX-V:ALV (12/10/2025, 7:00:00 PM)
6.05
-0.02 (-0.33%)
ALVOPETRO ENERGY LTD / ALV.CA FAQ
Can you provide the ChartMill technical rating for ALVOPETRO ENERGY LTD?
ChartMill assigns a technical rating of 1 / 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 43.3589. 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.