ALTIMA ENERGY INC (ARH.CA) Stock Technical Analysis
TSX-V:ARH - TSX Venture Exchange - CA02157V1085 - Common Stock - Currency: CAD
Taking everything into account, ARH scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, ARH has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
ARH is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 99% of 214 stocks in the same industry.
ARH is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ARH has a been trading in the 0.24 - 0.89 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, ARH did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ARH has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.88
0.90
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 ARH.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARH.CA is up. |
| ChartMill Relative Strength | 99.6 | POSITIVE | ARH.CA has a high relative strength, it outperformed 99.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARH.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARH.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARH.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.27 | OVERBOUGHT | The high RSI value suggests ARH.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ARH.CA has a positive trend. |
| Stochastics (14,3) | 97.95 | OVERBOUGHT | The high Stochastics value suggests ARH.CA may be overbought. |
| Average True Range in percent/ATR (20) | 9.16 | HIGH VOLATILITY | The high ATR as a percentage value for ARH.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 36.7 | POSITIVE | The high ADX value value for ARH.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:ARH (7/16/2025, 7:00:00 PM)
0.89
+0.25 (+39.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg39.06%
1 Week128.21%
2 Weeks165.67%
1 Month165.67%
3 Month513.79%
6 Month154.29%
12 Month408.57%
2 Year2125%
3 Year2125%
5 Year4350%
10 Year3460%
15 Year1383.33%
Volatility
ATR(14)0.08
ATR(20)%9.16%
ATR Inc224.39%
Range Today0.28
ADR(20)0.08
ADR(20)%8.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.6
Mansfield29
10 Day High0.89
10 Day Low0.25
20 Day High0.89
20 Day Low0.25
52 Week High0.89
52 Week Low0.11
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume2.25M
Volume Incr659.47%
Vol(5)1.68M
Vol(50)293.53K