AFRICA OIL CORP (AOI.CA) Technical Analysis
TSX:AOI • CA00829Q1019
Current stock price
AOI.CA Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to AOI. AOI has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- AOI is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 66% of 210 stocks in the same industry do better.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, AOI turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
- AOI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AOI is lagging the market.
- In the last month AOI has a been trading in the 1.72 - 1.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
AOI.CA Weekly and Daily overview Charts
AOI.CA Setup Rating and Analysis
AOI has an average technical rating and also 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
AOI.CA Support and Resistance Analysis
1.61
3 important support areas can be observed.
- Support @1.75 from a trend line in the daily time frame.
- Support @1.67 from a horizontal line in the daily time frame.
- A support zone ranging from 1.63 to 1.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.89 to 1.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
AOI.CA Technical Indicator Signal Analysis
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 AOI.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AOI.CA is neutral. |
| ChartMill Relative Strength | 43.62 | NEUTRAL | AOI.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AOI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AOI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AOI.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.21 | NEUTRAL | The RSI value for AOI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AOI.CA has a negative trend. |
| Stochastics (14,3) | 36.04 | NEUTRAL | The Stochastics value for AOI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for AOI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.75 | NEUTRAL | The ADX value for AOI.CA suggests a possible start of a new trend. |
AOI.CA Chart- and CandleStick Pattern Analysis
AOI.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:AOI (10/3/2025, 7:00:00 PM)
1.85
+0.03 (+1.65%)
AFRICA OIL CORP / AOI.CA TA FAQ
What is the ChartMill technical rating of AFRICA OIL CORP (AOI.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to AOI.CA.
Can you provide the trend direction for AFRICA OIL CORP?
The current trend direction for AFRICA OIL CORP (AOI.CA) is Bearish.
What is the RSI signal for AFRICA OIL CORP (AOI.CA) stock?
AFRICA OIL CORP (AOI.CA) has an RSI value of 54.2138. This indicates that the stock is currently neutral.
What is the MACD signal for AFRICA OIL CORP (AOI.CA) stock?
The MACD indicator for AFRICA OIL CORP (AOI.CA) has a value of -0.00292107, indicating a bearish trend.
What is the short term momentum for AOI stock?
The short term momentum for AFRICA OIL CORP (AOI.CA) is neutral.