ALVOPETRO ENERGY LTD (ALV.CA) Stock Technical Analysis
TSX-V:ALV - TSX Venture Exchange - CA02255Q2099 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to ALV. ALV has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
ALV 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.
Warning: ALV has an average volume of 16684 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, ALV outperforms 56% of them, which is more or less in line with the market.
ALV is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, ALV did better than 60% of them.
ALV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALV is lagging the market.
In the last month ALV has a been trading in a tight range between 5.71 and 5.99.
ALV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 5.72, a Stop Loss order could be placed below this zone.
More info and screens
4.30
6.11
We found 4 important support areas.
- A support zone ranging from 5.69 to 5.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.85 from a trend line in the daily time frame.
- Support @4.72 from a trend line in the weekly time frame.
- Support @4.34 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.84 to 6.05. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for ALV.CA is down. |
| ChartMill Relative Strength | 56.39 | NEUTRAL | ALV.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALV.CA is below the rising 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) | 40.48 | 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) | 5.56 | OVERSOLD | The low Stochastics value suggests ALV.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for ALV.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.12 | NEGATIVE | The low ADX value for ALV.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:ALV (8/8/2025, 7:00:00 PM)
5.75
-0.05 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.86%
1 Week-2.71%
2 Weeks-3.52%
1 Month0.7%
3 Month5.7%
6 Month18.56%
12 Month18.31%
2 Year-41.39%
3 Year-13.66%
5 Year858.33%
10 Year1882.76%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%1.99%
ATR Inc26.23%
Range Today0.15
ADR(20)0.11
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.39
Mansfield0.05
10 Day High5.98
10 Day Low5.75
20 Day High5.99
20 Day Low5.71
52 Week High7.49
52 Week Low4.24
CS1 End5.72
CR1 Start5.84
Volume & EV
DER(3)-114.33%
DER(5)-172.86%
Volume15.29K
Volume Incr10.86%
Vol(5)13.65K
Vol(50)16.68K