TAG OIL LTD (TAO.CA) Technical Analysis
TSX-V:TAO • CA87377N2005
Current stock price
TAO.CA Technical Rating and Analysis
We assign a technical rating of 0 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 negative, as is the long term trend. There should be more interesting stocks out there.
- 64% 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. 75% of 210 stocks in the same industry do better.
- 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.
- Considerably lower volume is observed in the last couple of days.
TAO.CA Weekly and Daily overview Charts
TAO.CA Setup Rating and Analysis
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
TAO.CA Support and Resistance Analysis
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 in multiple time frames.
4 important resistance areas can be observed.
- A resistance 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.
- 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 | 36.79 | NEUTRAL | TAO.CA is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of TAO.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.8 | 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. |
| Average True Range in percent/ATR (20) | 5.28 | HIGH VOLATILITY | The high ATR as a percentage value for TAO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.58 | 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 (4/2/2026, 7:00:00 PM)
0.09
0 (0%)
TAG OIL LTD / TAO.CA TA 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.
What is the RSI signal for TAO stock?
TAG OIL LTD (TAO.CA) has an RSI value of 42.8026. This indicates that the stock is currently neutral.
What is the buy/sell signal for TAG OIL LTD (TAO.CA) stock?
The buy/sell signal for TAG OIL LTD (TAO.CA) is sell as both the short term and long term trends are negative.
What is the support and resistance level for TAO stock?
TAG OIL LTD (TAO.CA) has a support level at 0.09 and a resistance level at 0.09. Check the full technical report for our detailed analysis of TAO.CA support and resistance levels.