Technical Analysis for TVE - Tamarack Valley Energy Ltd.

Grade Last Price % Change Price Change
B 2.26 -0.88% -0.020
TVE closed down 0.88 percent on Friday, April 9, 2021, on 39 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.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down
Historical TVE trend table...

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
20 DMA Support Bullish -0.88%
Down 3 Days in a Row Weakness -0.88%
Down 4 Days in a Row Weakness -0.88%
Older End-of-Day Signals for TVE ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
20 DMA Support 2 days ago
Down 1% 2 days ago
20 DMA Support 3 days ago
Fell Below Previous Day's Low 3 days ago
Down 2% 3 days ago
View Earlier Intraday Alerts

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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 Alberta Saskatchewan Petroleum Water Gas Properties Natural Gas Properties Oil Wells Oil Well Cardium 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 2.46
52 Week Low 0.48
Average Volume 3,359,174
200-Day Moving Average 1.259
50-Day Moving Average 2.117
20-Day Moving Average 2.258
10-Day Moving Average 2.341
Average True Range 0.113
ADX 25.96
+DI 22.592
-DI 17.711
Chandelier Exit (Long, 3 ATRs ) 2.111
Chandelier Exit (Short, 3 ATRs ) 2.329
Upper Bollinger Band 2.474
Lower Bollinger Band 2.042
Percent B (%b) 0.5
BandWidth 19.097
MACD Line 0.051
MACD Signal Line 0.065
MACD Histogram -0.0138
Fundamentals Value
Market Cap 499.28 Million
Num Shares 221 Million
EPS 0.13
Price-to-Earnings (P/E) Ratio 17.38
Price-to-Sales 0.74
Price-to-Book 0.39
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.320
Resistance 3 (R3) 2.323 2.307 2.310
Resistance 2 (R2) 2.307 2.291 2.305 2.307
Resistance 1 (R1) 2.283 2.282 2.275 2.280 2.303
Pivot Point 2.267 2.267 2.263 2.265 2.267
Support 1 (S1) 2.243 2.251 2.235 2.240 2.217
Support 2 (S2) 2.227 2.242 2.225 2.213
Support 3 (S3) 2.203 2.227 2.210
Support 4 (S4) 2.200