TAMARACK VALLEY ENERGY LTD (TVE.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:TVE • CA87505Y4094
Overall TVE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TVE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, TVE did better than 83% of all other stocks. On top of that, TVE also shows a nice and consistent pattern of rising prices.
- TVE is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 90% of 216 stocks in the same industry.
- TVE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TVE has a been trading in the 7.50 - 9.76 range, which is quite wide. It is currently trading near the high of this range.
- TVE has an average volume of 1768550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although TVE has an excellent technical rating, it does not present a decent entry opportunity 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
3.46
When analyzing the support we can see 6 important areas.
- A support zone ranging from 9.10 to 9.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.12 to 8.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.84 from a trend line in the daily time frame.
- Support @6.88 from a trend line in the weekly time frame.
- Support @3.65 from a horizontal line in the weekly time frame.
- Support @3.49 from a horizontal 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 | UP | POSITIVE | The long term trend for TVE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TVE.CA is up. |
| ChartMill Relative Strength | 83.73 | POSITIVE | TVE.CA has a high relative strength, it outperformed 83.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TVE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TVE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TVE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.03 | OVERBOUGHT | The high RSI value suggests TVE.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests TVE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.49 | NEUTRAL | The Stochastics value for TVE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for TVE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.38 | POSITIVE | The high ADX value value for TVE.CA suggests a strong trend. |
TSX:TVE (2/4/2026, 7:00:00 PM)
9.53
+0.18 (+1.93%)
TAMARACK VALLEY ENERGY LTD / TVE.CA FAQ
Can you provide the ChartMill technical rating for TAMARACK VALLEY ENERGY LTD?
ChartMill assigns a technical rating of 10 / 10 to TVE.CA.
What is the current trend direction of TAMARACK VALLEY ENERGY LTD (TVE.CA) stock?
The current trend direction for TAMARACK VALLEY ENERGY LTD (TVE.CA) is Bullish.
What is the RSI signal for TAMARACK VALLEY ENERGY LTD (TVE.CA) stock?
TAMARACK VALLEY ENERGY LTD (TVE.CA) has an RSI value of 72.0329. This indicates that the stock is currently overbought.
What is the short term momentum for TVE stock?
The short term momentum for TAMARACK VALLEY ENERGY LTD (TVE.CA) is positive.
What is the buy/sell signal for TVE stock?
The buy/sell signal for TAMARACK VALLEY ENERGY LTD (TVE.CA) is buy as both the short term and long term trends are positive.