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AFRICA OIL CORP (AOI.CA) Stock Technical Analysis

Canada - Toronto Stock Exchange - TSX:AOI - CA00829Q1019 - Common Stock

1.85 CAD
+0.03 (+1.65%)
Last: 10/3/2025, 7:00:00 PM
Technical Rating and Analysis

6

Overall AOI gets a technical rating of 6 out of 10. 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.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, AOI outperforms 43% of them, which is more or less in line with the market.
AOI is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 52% of 214 stocks in the same industry.
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.

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Weekly and Daily overview Charts
AFRICA OIL CORP / AOI Weekly stock chart
AFRICA OIL CORP / AOI Daily stock chart
Setup Rating and Analysis

4

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.

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Support and Resistance Analysis

1.61

1.96

When analyzing the support we can see 3 important areas.

  • 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.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for AOI.CA is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for AOI.CA is neutral.
ChartMill Relative Strength43.62NEUTRALAOI.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of AOI.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of AOI.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of AOI.CA is above a declining SMA(200).
Relative Strength Index/RSI (14)54.21NEUTRALThe RSI value for AOI.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests AOI.CA has a negative trend.
Stochastics (14,3)36.04NEUTRALThe Stochastics value for AOI.CA is a neutral value.
Average True Range in percent/ATR (20)2.57MEDIUM VOLATILITYThe ATR as a percentage value for AOI.CA suggests some volalility.
Average Directional Index/ADX (14)23.75NEUTRALThe ADX value for AOI.CA suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)

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AFRICA OIL CORP / AOI Daily stock chart

AFRICA OIL CORP

TSX:AOI (10/3/2025, 7:00:00 PM)

1.85

+0.03 (+1.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.65%
1 Week-3.14%
2 Weeks2.21%
1 Month5.71%
3 Month12.12%
6 Month2.78%
12 Month0.54%
2 Year-27.73%
3 Year-44.61%
5 Year105.56%
10 Year12.8%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%2.57%
ATR Inc22.38%
Range Today0.05
ADR(20)0.04
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.62
3 months CRSN/A
6 months CRSN/A
Mansfield-1.13
10 Day High1.94
10 Day Low1.8
20 Day High1.94
20 Day Low1.72
52 Week High2.18
52 Week Low1.59
CS1 End1.75
CR1 Start1.89
Volume & EV
DER(3)-2.42%
DER(5)-2.5%
Volume205.82K
Volume Incr-35.74%
Vol(5)282.36K
Vol(50)525.69K

AFRICA OIL CORP / AOI.CA 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 AOI stock?

AFRICA OIL CORP (AOI.CA) has an RSI value of 54.2138. This indicates that the stock is currently neutral.


Can you provide the short term momentum for AFRICA OIL CORP?

The short term momentum for AFRICA OIL CORP (AOI.CA) is neutral.