TAG OIL LTD (TAO.CA) Technical Analysis
TSX-V:TAO • CA87377N2005
Current stock price
TAO.CA Technical Rating and Analysis
Taking everything into account, TAO scores 1 out of 10 in our technical rating. 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.
- 64% of all other stocks performed better in the past year than TAO.
- TAO is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 80% are performing better than TAO.
- TAO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TAO is lagging the market.
- In the last month TAO has a been trading in the 0.09 - 0.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TAO.CA Weekly and Daily overview Charts
TAO.CA Setup Rating and Analysis
TAO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TAO 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
TAO.CA Support and Resistance Analysis
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.
We can see 3 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.
- 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.
TAO.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 | 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 | 36.69 | NEUTRAL | TAO.CA is not amongst the best or worst performers 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 | NEGATIVE | The current price of TAO.CA is below 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) | 50.12 | 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) | 50 | NEUTRAL | The Stochastics value for TAO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.53 | HIGH VOLATILITY | The high ATR as a percentage value for TAO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.84 | NEGATIVE | The low ADX value for TAO.CA suggests a weak or negative trend. |
TAO.CA Chart- and CandleStick Pattern Analysis
TAO.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:TAO (3/27/2026, 7:00:00 PM)
0.095
0 (0%)
TAG OIL LTD / TAO.CA TA 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 50.1206. 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 0.000177251, 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.