VALEURA ENERGY INC (VLE.CA) Stock Technical Analysis
TSX:VLE - Toronto Stock Exchange - CA9191444020 - Common Stock - Currency: CAD
Taking everything into account, VLE scores 3 out of 10 in our technical rating. VLE was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month VLE has a been trading in the 6.90 - 8.12 range, which is quite wide. It is currently trading near the lows of this range.
VLE is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 92% of 214 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that VLE is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
VLE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VLE is lagging the market.
Although the technical rating is bad, VLE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.24, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VLE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.47
8.24
When analyzing the support we can see 5 important areas.
- A support zone ranging from 7.07 to 7.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.80 from a trend line in the daily time frame.
- Support @6.59 from a horizontal line in the weekly time frame.
- Support @6.21 from a horizontal line in the daily time frame.
- Support @5.53 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 7.20 to 7.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.71 to 7.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.94 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 8.15 to 8.16. This zone is formed by a combination of multiple trend lines in the daily 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 VLE.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VLE.CA is down. |
| ChartMill Relative Strength | 84.48 | POSITIVE | VLE.CA has a high relative strength, it outperformed 84.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VLE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VLE.CA is below a declining 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) | 47.14 | NEUTRAL | The RSI value for VLE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests VLE.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.52 | NEUTRAL | The Stochastics value for VLE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for VLE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.13 | NEGATIVE | The low ADX value for VLE.CA suggests a weak or negative 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:VLE (7/15/2025, 7:00:00 PM)
7.19
+0.01 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.14%
1 Week4.32%
2 Weeks0%
1 Month-8.58%
3 Month3.13%
6 Month-8.46%
12 Month72.62%
2 Year208.51%
3 Year1294.23%
5 Year1942.25%
10 Year1626.19%
15 Year-80.92%
Volatility
ATR(14)0.28
ATR(20)%3.74%
ATR Inc-50.24%
Range Today0.2
ADR(20)0.25
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.48
Mansfield0.48
10 Day High7.45
10 Day Low6.9
20 Day High8.12
20 Day Low6.9
52 Week High9.32
52 Week Low3.98
CS1 End7.24
CR1 Start7.35
Volume & EV
DER(3)-0.32%
DER(5)4.78%
Volume96.45K
Volume Incr-21.4%
Vol(5)211.70K
Vol(50)283.40K