TAG OIL LTD (TAO.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:TAO - CA87377N2005 - Common Stock
Overall TAO gets a technical rating of 1 out of 10. TAO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
TAO has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.09
We found 1 important support area.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.11 from a trend line in the daily time frame.
- Resistance @0.14 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 TAO.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TAO.CA is neutral. |
| ChartMill Relative Strength | 6.54 | NEGATIVE | TAO.CA has a low relative strength, it was outperformed by 93.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TAO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TAO.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TAO.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.39 | NEUTRAL | The RSI value for TAO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TAO.CA has a positive trend. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for TAO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for TAO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 9.63 | NEGATIVE | The low ADX value for TAO.CA suggests a weak or negative trend. |
TSX-V:TAO (1/9/2026, 7:00:00 PM)
0.095
0 (0%)
TAG OIL LTD / TAO.CA FAQ
What is the technical rating for TAO stock?
ChartMill assigns a technical rating of 1 / 10 to TAO.CA.
Can you provide the trend direction for TAG OIL LTD?
The current trend direction for TAG OIL LTD (TAO.CA) is Bearish.
Can you provide the RSI signal for TAG OIL LTD?
TAG OIL LTD (TAO.CA) has an RSI value of 58.3881. This indicates that the stock is currently neutral.
What is the MACD signal for TAO stock?
The MACD indicator for TAG OIL LTD (TAO.CA) has a value of 0.00101044, indicating a bearish trend.
Can you provide the support and resistance levels for TAG OIL LTD?
TAG OIL LTD (TAO.CA) has a support level at 0.09 and a resistance level at 0.1. Check the full technical report for our detailed analysis of TAO.CA support and resistance levels.