Canada - Toronto Stock Exchange - TSX:VLE - CA9191444020 - Common Stock
We assign a technical rating of 8 out of 10 to VLE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VLE is only an average performer.
Although VLE 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.
6.14
We found 4 important support areas.
When analyzing the resistance we notice 2 important areas.
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 VLE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VLE.CA is up. |
| ChartMill Relative Strength | 64.99 | NEUTRAL | VLE.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VLE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VLE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VLE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.98 | NEUTRAL | The RSI value for VLE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests VLE.CA has a positive trend. |
| Stochastics (14,3) | 93.75 | OVERBOUGHT | The high Stochastics value suggests VLE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for VLE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.72 | NEUTRAL | The ADX value for VLE.CA suggests a possible start of a new trend. |
TSX:VLE (12/5/2025, 7:00:00 PM)
7.95
+0.18 (+2.32%)
ChartMill assigns a technical rating of 8 / 10 to VLE.CA.
The current trend direction for VALEURA ENERGY INC (VLE.CA) is Bullish.
VALEURA ENERGY INC (VLE.CA) has an RSI value of 66.9775. This indicates that the stock is currently neutral.
The short term momentum for VALEURA ENERGY INC (VLE.CA) is positive.
VALEURA ENERGY INC (VLE.CA) has a support level at 7.46 and a resistance level at 7.96. Check the full technical report for our detailed analysis of VLE.CA support and resistance levels.