ATHABASCA OIL CORP (ATH.CA) Stock Technical Analysis
TSX:ATH - Toronto Stock Exchange - CA04682R1073 - Common Stock - Currency: CAD
Taking everything into account, ATH scores 6 out of 10 in our technical rating. In the last year, ATH was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month ATH has a been trading in the 5.43 - 5.81 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.
ATH has an average volume of 2398470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ATH outperforms 51% of them, which is more or less in line with the market.
ATH is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 57% of 207 stocks in the same industry.
ATH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATH is lagging the market.
Although the technical rating is only medium, ATH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.57, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ATH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.64
6.23
We found 2 important support areas.
- A support zone ranging from 5.47 to 5.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.69 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.59 to 5.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.17 to 6.17. 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 | UP | POSITIVE | The long term trend for ATH.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATH.CA is neutral. |
| ChartMill Relative Strength | 51.65 | NEUTRAL | ATH.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATH.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATH.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATH.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.56 | NEUTRAL | The RSI value for ATH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ATH.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.84 | NEUTRAL | The Stochastics value for ATH.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for ATH.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.89 | NEGATIVE | The low ADX value for ATH.CA suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.62 | 5.46 | 0.16 (2.85%) | 25.00% |
| An entry @5.62. This is a Buy Stop order right above the resistance zone. | An exit @5.46. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.16 points, which is 2.85%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%. |
- The distance between exit and entry is rather small compared to the average daily movement of ATH. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ATH (7/22/2025, 7:00:00 PM)
5.58
+0.03 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.54%
1 Week0.18%
2 Weeks-2.79%
1 Month-3.96%
3 Month15.29%
6 Month9.84%
12 Month4.3%
2 Year64.12%
3 Year130.58%
5 Year3182.35%
10 Year269.54%
15 Year-52.51%
Volatility
ATR(14)0.11
ATR(20)%2.15%
ATR Inc-29.38%
Range Today0.09
ADR(20)0.12
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.65
Mansfield-0.06
10 Day High5.74
10 Day Low5.43
20 Day High5.81
20 Day Low5.43
52 Week High6.25
52 Week Low4.05
CS1 End5.57
CR1 Start5.59
Volume & EV
DER(3)3.13%
DER(5)1.96%
Volume1.96M
Volume Incr-18.02%
Vol(5)1.73M
Vol(50)2.40M