Technical Analysis for AOI - Africa Oil Corp.

Grade Last Price % Change Price Change
C 2.070 0.00% 0.000
AOI closed unchanged on Friday, November 22, 2024, on 32 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
180 Bullish Setup Bullish Swing Setup 1.97%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 21 hours ago
Gap Down Partially Closed about 24 hours ago
Gapped Down (Partial) 1 day ago
Down 1% 1 day ago
Fell Below Upper Bollinger Band 1 day ago

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Profile

Africa Oil Corp. Description

Africa Oil Corp. (AOC) is a Canada-based oil and gas exploration and development company. The Company has oil and gas interest in Kenya and Ethiopia. The Company focuses on the acquisition, exploration and development of oil and gas assets, located in under-explored geographic areas, in the early phase of the upstream oil and gas life-cycle. The Company has explored on multiple onshore exploration blocks in various geological settings in East Africa. It has made various oil discoveries in the South Lokichar Basin (Blocks 10BB and 13T) located in the Tertiary Rift trend in Kenya. The Company's appraisal activities include extended well testing, appraisal drilling and engineering studies and sanctioning development of the oil fields in the South Lokichar Basin. Its blocks 10BA, 10BB, 12A, 13T, South Omo, and the Rift Basin Area are located in the East African Tertiary Rift trend. It has interests in Block 9, Block 10BB, Block 12A, Block 13T, Block 10BA, South Omo and Rift Basin Area.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Oil Oil And Gas Drilling Engineering Gas Exploration Oil And Gas Exploration Oil And Gas Assets Oil And Gas Asset Oil Field Oil And Gas Interest Rift Upstream Oil Upstream Oil And Gas East Africa Ethiopia Oil Fields

Is AOI 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 2.618
52 Week Low 1.71
Average Volume 675,555
200-Day Moving Average 2.191
50-Day Moving Average 1.835
20-Day Moving Average 1.871
10-Day Moving Average 1.915
Average True Range 0.069
RSI (14) 67.21
ADX 21.66
+DI 33.891
-DI 13.997
Chandelier Exit (Long, 3 ATRs) 1.883
Chandelier Exit (Short, 3 ATRs) 1.927
Upper Bollinger Bands 2.078
Lower Bollinger Band 1.663
Percent B (%b) 0.98
BandWidth 22.144
MACD Line 0.052
MACD Signal Line 0.023
MACD Histogram 0.0292
Fundamentals Value
Market Cap 976.96 Million
Num Shares 472 Million
EPS -0.06
Price-to-Earnings (P/E) Ratio -33.93
Price-to-Sales 0.00
Price-to-Book 0.59
PEG Ratio 1.46
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.130
Resistance 3 (R3) 2.123 2.097 2.120
Resistance 2 (R2) 2.097 2.081 2.100 2.117
Resistance 1 (R1) 2.083 2.072 2.090 2.090 2.113
Pivot Point 2.057 2.057 2.060 2.060 2.057
Support 1 (S1) 2.043 2.041 2.050 2.050 2.027
Support 2 (S2) 2.017 2.032 2.020 2.023
Support 3 (S3) 2.003 2.017 2.020
Support 4 (S4) 2.010