ALVOPETRO ENERGY LTD (ALV.CA) Stock Technical Analysis
Canada - TSX-V:ALV - CA02255Q2099 - Common Stock
6.5 CAD
+0.05 (+0.78%)
We assign a technical rating of 5 out of 10 to ALV. In the last year, ALV was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Warning: ALV has an average volume of 15860 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ALV is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 81% of 207 stocks in the same industry.
ALV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALV is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, ALV turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
In the last month ALV has a been trading in the 6.26 - 6.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ALV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 6.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.21, a Stop Loss order could be placed below this zone.
More info and screens
4.78
7.06
4 important support areas can be observed.
- A support zone ranging from 6.16 to 6.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.84 to 5.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 5.67 to 5.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.83 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.82 to 6.99. 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 | DOWN | NEGATIVE | The short term trend for ALV.CA is down. |
| ChartMill Relative Strength | 67.33 | 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) | 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) | 45.63 | NEUTRAL | The RSI value for ALV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ALV.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.75 | NEUTRAL | The Stochastics value for ALV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for ALV.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.23 | POSITIVE | The high ADX value value for ALV.CA suggests a strong 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 (10/20/2025, 7:00:00 PM)
6.5
+0.05 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.78%
1 Week-1.52%
2 Weeks-3.56%
1 Month-4.83%
3 Month10.54%
6 Month27.45%
12 Month29.48%
2 Year-22.62%
3 Year1.4%
5 Year884.85%
10 Year1757.14%
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%2.53%
ATR Inc-42.8%
Range Today0.05
ADR(20)0.15
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.33
Mansfield0.57
10 Day High6.9
10 Day Low6.26
20 Day High6.94
20 Day Low6.26
52 Week High7.49
52 Week Low4.24
CS1 End6.21
CR1 Start6.82
Volume & EV
DER(3)-108.32%
DER(5)-85.93%
Volume4.13K
Volume Incr8.4%
Vol(5)13.50K
Vol(50)15.86K