TAG OIL LTD (TAO.CA) Technical Analysis
TSX-V:TAO • CA87377N2005
Overall TAO gets a technical rating of 0 out of 10. TAO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 80% of all other stocks performed better in the past year than TAO.
- TAO is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 74% of 210 stocks in the same industry do better.
- TAO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month TAO has a been trading in the 0.09 - 0.13 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
TAO has a poor technical rating and the quality of the setup is also not perfect 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
When analyzing the support we notice one important 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 the daily time frame.
We can see 4 important resistance 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 weekly time frame.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.13 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 | DOWN | NEGATIVE | The short term trend for TAO.CA is down. |
| ChartMill Relative Strength | 20.88 | NEGATIVE | TAO.CA has a low relative strength, it was outperformed by 79.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TAO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TAO.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TAO.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.28 | NEUTRAL | The RSI value for TAO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TAO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.87 | OVERSOLD | The low Stochastics value suggests TAO.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.67 | HIGH VOLATILITY | The high ATR as a percentage value for TAO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.5 | NEGATIVE | The low ADX value for TAO.CA suggests a weak or negative trend. |
TAO.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:TAO (3/4/2026, 7:00:00 PM)
0.09
0 (0%)
TAG OIL LTD / TAO.CA FAQ
What is the technical rating for TAO stock?
ChartMill assigns a technical rating of 0 / 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 43.2791. 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 -0.00103832, 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.