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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

AFRICA OIL CORP (NASDAQ:AOIFF)

Long-Term Downtrend (-90) - AOIFF is in a strong downtrend that is likely to continue. While AOIFF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid AOIFF?

MarketClub looks at technical strength and momentum to determine if the timing is right for AOIFF.

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NASDAQ_AOIFF
Open High Low AOIFF Price Change
1.7514 1.7600 1.7485 1.7600 +0.0200
Entry Signal

MarketClub’s Trade Triangles for AOIFF

long term down The long-term trend has been DOWN since Sep 28th, 2023 at 2.040

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 1.730

short term down The short-term trend has been DOWN since May 8th, 2024 at 1.774

Smart Scan Analysis for AOIFF

Based on our trend formula, AOIFF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AOIFF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7514 1.7600 1.7485 1.7600 +0.0200
Prev. Close Volume Bid Ask Time
1.7400 19661 2024-05-09 10:39:00
Year High1.37Year High Date2018-01-16
Year Low0.835Year Low Date2018-08-07
52wk High2.478652wk High Date2023-09-14
52wk Low1.4352wk Low Date2024-02-27
Year End Close7.013Average Volume97,579
Shares Outstanding168,562% Institutional19.6
Assets104,310,000MLiabilities61,500,000M
P/E Ratio6.5294Beta1.05
Volatility74.66
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