TAMARACK VALLEY ENERGY LTD (TVE.CA) Stock Technical Analysis
TSX:TVE - Toronto Stock Exchange - CA87505Y4094 - Common Stock - Currency: CAD
Overall TVE gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TVE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
TVE is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. TVE outperforms 88% of them.
TVE is currently making a new 52 week high. This is a strong signal. 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 4.76 - 5.26 range, which is quite wide. It is currently trading near the high of this range.
TVE has an average volume of 2037250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, TVE did better than 80% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
TVE has an excellent technical rating, but the quality of the setup is only medium 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
5.33
We found 5 important support areas.
- A support zone ranging from 5.01 to 5.09. 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 4.74 to 4.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.72 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 | 80.65 | POSITIVE | TVE.CA has a high relative strength, it outperformed 80.65% 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) | 64.12 | NEUTRAL | The RSI value for TVE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TVE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.21 | OVERBOUGHT | The high Stochastics value suggests TVE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for TVE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.22 | POSITIVE | The high ADX value value for TVE.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:TVE (7/28/2025, 7:00:00 PM)
5.28
+0.05 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.96%
1 Week1.97%
2 Weeks1.77%
1 Month5.73%
3 Month37.5%
6 Month13.88%
12 Month28.29%
2 Year43.21%
3 Year16.18%
5 Year530.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%2.04%
ATR Inc2.67%
Range Today0.07
ADR(20)0.1
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.65
Mansfield0.94
10 Day High5.26
10 Day Low4.85
20 Day High5.26
20 Day Low4.76
52 Week High5.26
52 Week Low3.1
CS1 End5.09
CR1 StartN/A
Volume & EV
DER(3)-1.34%
DER(5)1.68%
Volume2.13M
Volume Incr11.29%
Vol(5)2.14M
Vol(50)2.04M