Technical Analysis for TVE - Tamarack Valley Energy Ltd.

Grade Last Price % Change Price Change
D 3.690 0.54% 0.020
TVE closed up 0.54 percent on Friday, May 17, 2024, on 35 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
20 DMA Resistance Bearish 0.54%
180 Bearish Setup Bearish Swing Setup 0.54%
BB Squeeze Ended Range Expansion -1.07%
Bollinger Band Squeeze Range Contraction 0.82%
Gapped Down Weakness 0.82%
20 DMA Resistance Bearish -1.07%
50 DMA Resistance Bearish -1.07%
Bollinger Band Squeeze Range Contraction -1.07%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 20 hours ago
Bearish 180 Entry about 22 hours ago
Fell Below Previous Day's Low about 22 hours ago
Up 1% 1 day ago
Down 1% 2 days ago

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Profile

Tamarack Valley Energy Ltd. Description

Tamarack Valley Energy Ltd. (Tamarack) is a Canada-based oil and natural gas company. The Company has working interests in petroleum and natural gas properties in the Alder Flats area. Tamarack has interests in over 220 sections of land in the Wilson Creek and Alder Flats area of Alberta. The Company operates a range of oil batteries, which have capacities of approximately 3,800 barrels per day (bbl/d) capacity and approximately 1,000 bbl/d; an approximately 30 million cubic feet per day (mmcf/d) gas plant, and an approximately six mmcf/d gas plant. Tamarack has interests in approximately 50 sections of land in the Pembina, Garrington and Lochend areas of Alberta. The Company has interests in approximately 60 sections of land in the Redwater and Westlock areas of Alberta. Tamarack has interests in over 30 sections of land in the Hatton area of Saskatchewan. The Company drilled over 10 horizontal Cardium oil wells in the core Wilson Creek and Alder Flats areas.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Energy Oil Natural Gas Petroleum Water Gas Properties Natural Gas Properties Oil Wells Cardium Oil Well Pembina Geography Of Alberta Garrington Gas Plant Alder Flats Flora Of North America Larix Laricina Tamarac

Is TVE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 4.2989
52 Week Low 2.7403
Average Volume 2,079,643
200-Day Moving Average 3.560
50-Day Moving Average 3.797
20-Day Moving Average 3.758
10-Day Moving Average 3.721
Average True Range 0.111
RSI (14) 45.36
ADX 22.29
+DI 17.538
-DI 27.470
Chandelier Exit (Long, 3 ATRs) 3.605
Chandelier Exit (Short, 3 ATRs) 3.892
Upper Bollinger Bands 3.940
Lower Bollinger Band 3.576
Percent B (%b) 0.31
BandWidth 9.665
MACD Line -0.032
MACD Signal Line -0.022
MACD Histogram -0.01
Fundamentals Value
Market Cap 815.2 Million
Num Shares 221 Million
EPS 0.13
Price-to-Earnings (P/E) Ratio 28.38
Price-to-Sales 0.74
Price-to-Book 0.39
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.765
Resistance 3 (R3) 3.763 3.737 3.753
Resistance 2 (R2) 3.737 3.718 3.738 3.748
Resistance 1 (R1) 3.713 3.706 3.715 3.715 3.744
Pivot Point 3.687 3.687 3.688 3.688 3.687
Support 1 (S1) 3.663 3.668 3.665 3.665 3.636
Support 2 (S2) 3.637 3.656 3.638 3.632
Support 3 (S3) 3.613 3.637 3.628
Support 4 (S4) 3.615