ARROW EXPLORATION CORP (AXL.CA) Technical Analysis
TSX-V:AXL • CA04274P1053
Current stock price
AXL.CA Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to AXL. Although AXL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- AXL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AXL is performing more or less in line with the market.
- Looking at the yearly performance, AXL did better than 77% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- AXL is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 60% of 208 stocks in the same industry.
- In the last month AXL has a been trading in the 0.31 - 0.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
AXL.CA Weekly and Daily overview Charts
AXL.CA Setup Rating and Analysis
Besides having an excellent technical rating, AXL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for AXL 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
AXL.CA Support and Resistance Analysis
0.35
We found 3 important support areas.
- Support @0.39 from a trend line in the daily time frame.
- Support @0.37 from a horizontal line in the daily time frame.
- Support @0.35 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.41 from a horizontal line in the weekly time frame.
AXL.CA 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 | UP | POSITIVE | The long term trend for AXL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AXL.CA is up. |
| ChartMill Relative Strength | 77.54 | POSITIVE | AXL.CA has a high relative strength, it outperformed 77.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AXL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AXL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AXL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.72 | NEUTRAL | The RSI value for AXL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AXL.CA has a negative trend. |
| Stochastics (14,3) | 33.65 | NEUTRAL | The Stochastics value for AXL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.4 | HIGH VOLATILITY | The high ATR as a percentage value for AXL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 36.71 | POSITIVE | The high ADX value value for AXL.CA suggests a strong trend. |
AXL.CA Chart- and CandleStick Pattern Analysis
AXL.CA Example Setup
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 |
|---|---|---|---|
| 0.42 | 0.38 | 0.04 (9.52%) | 10.50% |
| An entry @0.42. This is a Buy Stop order right above the resistance zone. | An exit @0.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.04 points, which is 9.52%. | When investing 10.50% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of AXL. 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.
AXL.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:AXL (3/26/2026, 7:00:00 PM)
0.39
+0.01 (+1.3%)
ARROW EXPLORATION CORP / AXL.CA TA FAQ
Can you provide the ChartMill technical rating for ARROW EXPLORATION CORP?
ChartMill assigns a technical rating of 8 / 10 to AXL.CA.
What is the trend direction for AXL stock?
The current trend direction for ARROW EXPLORATION CORP (AXL.CA) is Bullish.
What is the RSI signal for AXL stock?
ARROW EXPLORATION CORP (AXL.CA) has an RSI value of 56.7242. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ARROW EXPLORATION CORP?
The short term momentum for ARROW EXPLORATION CORP (AXL.CA) is positive.
Can you provide the support and resistance levels for ARROW EXPLORATION CORP?
ARROW EXPLORATION CORP (AXL.CA) has a support level at 0.39 and a resistance level at 0.41. Check the full technical report for our detailed analysis of AXL.CA support and resistance levels.