TAMARACK VALLEY ENERGY LTD (TVE.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TVE - CA87505Y4094 - Common Stock
Taking everything into account, TVE scores 10 out of 10 in our technical rating. 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.
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.
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3.46
When analyzing the support we can see 6 important areas.
- A support zone ranging from 7.48 to 7.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.36 from a trend line in the daily time frame.
- Support @6.11 from a trend line in the weekly time frame.
- Support @5.91 from a trend line in the daily 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 | 85.62 | POSITIVE | TVE.CA has a high relative strength, it outperformed 85.62% 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) | 75.63 | 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) | 90.33 | OVERBOUGHT | The high Stochastics value suggests TVE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for TVE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 45.77 | POSITIVE | The high ADX value value for TVE.CA suggests a strong trend. |
TSX:TVE (11/28/2025, 7:00:00 PM)
7.81
+0.16 (+2.09%)
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 trend direction for TVE 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 75.6278. This indicates that the stock is currently overbought.
What is the MACD signal for TAMARACK VALLEY ENERGY LTD (TVE.CA) stock?
The MACD indicator for TAMARACK VALLEY ENERGY LTD (TVE.CA) has a value of 0.0484548, indicating a bearish trend.
Can you provide the support and resistance levels for TAMARACK VALLEY ENERGY LTD?
TAMARACK VALLEY ENERGY LTD (TVE.CA) has a support level at 7.49. Check the full technical report for our detailed analysis of TVE.CA support and resistance levels.