TAG OIL LTD (TAO.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:TAO - CA87377N2005 - Common Stock
We assign a technical rating of 2 out of 10 to TAO. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 93% of all other stocks performed better in the past year than TAO.
- TAO is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, of which 81% are performing better than TAO.
- In the last month TAO has a been trading in the 0.09 - 0.10 range, which is quite wide. It is currently trading near the high of this range.
- TAO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TAO is lagging the market.
The technical rating of TAO is bad and it also does not present a quality setup 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 can see 3 important areas.
- Support @0.11 from a trend line in the daily time frame.
- A support 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 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 found 1 important resistance area.
- 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 | NEUTRAL | NEUTRAL | The short term trend for TAO.CA is neutral. |
| ChartMill Relative Strength | 7.06 | NEGATIVE | TAO.CA has a low relative strength, it was outperformed by 92.94% 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) | UP | POSITIVE | The current price of TAO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.96 | 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) | 75 | NEUTRAL | The Stochastics value for TAO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.24 | HIGH VOLATILITY | The high ATR as a percentage value for TAO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.37 | NEGATIVE | The low ADX value for TAO.CA suggests a weak or negative trend. |
TSX-V:TAO (1/28/2026, 7:00:00 PM)
0.11
+0.01 (+4.76%)
TAG OIL LTD / TAO.CA FAQ
What is the technical rating for TAO stock?
ChartMill assigns a technical rating of 2 / 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 62.9646. 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 0.000795841, 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 0.1 and a resistance level at 0.11. Check the full technical report for our detailed analysis of TAO.CA support and resistance levels.