ARROW EXPLORATION CORP (AXL.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:AXL - CA04274P1053 - Common Stock
Overall AXL gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. AXL was also a bad performer in the overall market in the last year.
AXL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.24, a Stop Loss order could be placed below this zone.
More info and screens
0.20
We found 3 important support areas.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.22 from a horizontal line in the daily time frame.
- Support @0.20 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 0.26 to 0.26. 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 0.27 to 0.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.31 from a trend line in the weekly time frame.
- Resistance @0.37 from a trend line in the weekly time frame.
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 AXL.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AXL.CA is up. |
| ChartMill Relative Strength | 12.08 | NEGATIVE | AXL.CA has a low relative strength, it was outperformed by 87.92% 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) | DOWN | NEGATIVE | The current price of AXL.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.55 | 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) | 39.42 | NEUTRAL | The Stochastics value for AXL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.1 | HIGH VOLATILITY | The high ATR as a percentage value for AXL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 40.84 | POSITIVE | The high ADX value value for AXL.CA suggests a strong trend. |
TSX-V:AXL (1/9/2026, 7:00:00 PM)
0.25
0 (0%)
ARROW EXPLORATION CORP / AXL.CA FAQ
Can you provide the ChartMill technical rating for ARROW EXPLORATION CORP?
ChartMill assigns a technical rating of 4 / 10 to AXL.CA.
What is the trend direction for AXL stock?
The current trend direction for ARROW EXPLORATION CORP (AXL.CA) is Bearish.
What is the RSI signal for AXL stock?
ARROW EXPLORATION CORP (AXL.CA) has an RSI value of 52.5515. 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 0.24 and a resistance level at 0.26. Check the full technical report for our detailed analysis of AXL.CA support and resistance levels.