AFRICA OIL CORP (AOI.CA) Stock Technical Analysis
Canada - TSX:AOI - CA00829Q1019 - Common Stock
1.81 CAD
-0.03 (-1.63%)
Taking everything into account, AOI scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. AOI was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, AOI is a bad performer in the overall market: 71% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month AOI has a been trading in the 1.72 - 1.89 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AOI is part of the Oil, Gas & Consumable Fuels industry. There are 216 other stocks in this industry, AOI did better than 41% of them.
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.
Considerably lower volume is observed in the last couple of days.
AOI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.80, a Stop Loss order could be placed below this zone.
More info and screens
1.61
1.93
3 important support areas can be observed.
- A support zone ranging from 1.73 to 1.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 can see 2 important resistance areas.
- Resistance @1.83 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.87 to 1.91. 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 AOI.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AOI.CA is up. |
| ChartMill Relative Strength | 29.95 | NEGATIVE | AOI.CA has a low relative strength, it was outperformed by 70.05% off all stocks 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 | NEGATIVE | The current price of AOI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.98 | NEUTRAL | The RSI value for AOI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AOI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.71 | NEUTRAL | The Stochastics value for AOI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for AOI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.77 | NEUTRAL | The ADX value for AOI.CA suggests a possible start of a new 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:AOI (9/19/2025, 7:00:00 PM)
1.81
-0.03 (-1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.63%
1 Week1.69%
2 Weeks3.43%
1 Month4.02%
3 Month1.12%
6 Month-16.97%
12 Month2.26%
2 Year-33.7%
3 Year-29.3%
5 Year88.54%
10 Year16.77%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%2.62%
ATR Inc35.09%
Range Today0.06
ADR(20)0.04
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.95
Mansfield-1.28
10 Day High1.89
10 Day Low1.72
20 Day High1.89
20 Day Low1.72
52 Week High2.18
52 Week Low1.59
CS1 End1.8
CR1 Start1.83
Volume & EV
DER(3)-1.26%
DER(5)-1.17%
Volume628.94K
Volume Incr-13.6%
Vol(5)516.23K
Vol(50)901.19K