AFRICA OIL CORP (AOI.ST) Technical Analysis
STO:AOI • CA00829Q1019
Current stock price
AOI.ST Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to AOI. AOI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 85% of all other stocks performed better in the past year than AOI.
- AOI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month AOI has a been trading in the 12.26 - 13.47 range, which is quite wide. It is currently trading near the high of this range.
AOI.ST Weekly and Daily overview Charts
AOI.ST Setup Rating and Analysis
AOI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.16, a Stop Loss order could be placed below this zone.
More info and screens
AOI.ST Support and Resistance Analysis
12.48
2 important support areas can be observed.
- A support zone ranging from 12.87 to 13.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @12.61 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 13.20 to 13.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.94 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.33 to 14.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.82 to 14.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
AOI.ST 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 | DOWN | NEGATIVE | The long term trend for AOI.ST is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AOI.ST is neutral. |
| ChartMill Relative Strength | 15.57 | NEGATIVE | AOI.ST has a low relative strength, it was outperformed by 84.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AOI.ST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AOI.ST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AOI.ST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.07 | NEUTRAL | The RSI value for AOI.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests AOI.ST has a positive trend. |
| Stochastics (14,3) | 63.9 | NEUTRAL | The Stochastics value for AOI.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for AOI.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 14.6 | NEGATIVE | The low ADX value for AOI.ST suggests a weak or negative trend. |
AOI.ST Chart- and CandleStick Pattern Analysis
AOI.ST Technicals: Chart, Performance Metrics, Trend & Indicators
STO:AOI (5/16/2025, 5:24:56 PM)
13.19
+0.02 (+0.15%)
AFRICA OIL CORP / AOI.ST TA FAQ
What is the ChartMill technical rating of AFRICA OIL CORP (AOI.ST) stock?
ChartMill assigns a technical rating of 1 / 10 to AOI.ST.
Can you provide the trend direction for AFRICA OIL CORP?
The current trend direction for AFRICA OIL CORP (AOI.ST) is Bearish.
What is the RSI signal for AFRICA OIL CORP (AOI.ST) stock?
AFRICA OIL CORP (AOI.ST) has an RSI value of 53.0739. This indicates that the stock is currently neutral.
What is the MACD signal for AFRICA OIL CORP (AOI.ST) stock?
The MACD indicator for AFRICA OIL CORP (AOI.ST) has a value of 0.0978442, indicating a bearish trend.
What is the short term momentum for AOI stock?
The short term momentum for AFRICA OIL CORP (AOI.ST) is neutral.