tiprankstipranks
Trending News
More News >
Africa Oil (TSE:MER)
TSX:MER
Canadian Market
Advertisement

Africa Oil (MER) Technical Analysis

Compare
126 Followers

Summary of all the Indicators

Overall Consensus
Buy
15Bullish
2Neutral
5Bearish
Technical Analysis Consensus
Sell
3Bullish
2Neutral
5Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Africa Oil’s (MER) Moving Averages Convergence Divergence (MACD) indicator is 0.03, suggesting Africa Oil is a Sell.
Africa Oil’s (MER) 20-Day exponential moving average is 1.77, while Africa Oil’s (MER) share price is C$1.88, making it a Buy.
Africa Oil’s (MER) 50-Day exponential moving average is 1.74, while Africa Oil’s (MER) share price is C$1.88, making it a Buy.

Africa Oil (MER) Pivot Points

Sep 18, 2025, 08:39 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
1.76
1.78
1.79
1.81
1.83
1.85
1.86
Fibonacci
1.78
1.79
1.80
1.81
1.83
1.83
1.85
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Africa Oil (MER) Moving Averages

Sep 18, 2025, 08:39 PM
Period
Simple
Exponential
MA5
1.80Buy
1.81Buy
MA10
1.77Buy
1.79Buy
MA20
1.77Buy
1.77Buy
MA50
1.71Buy
1.74Buy
MA100
1.72Buy
1.73Buy
MA200
1.75Buy
1.74Buy
Africa Oil’s (MER) 10-Day exponential moving average is 1.79, while Africa Oil’s (MER) share price is C$1.88, making it a Buy.
Africa Oil’s (MER) 100-Day exponential moving average is 1.73, while Africa Oil’s (MER) share price is C$1.88, making it a Buy.
Africa Oil’s (MER) stock price is C$1.88 and Africa Oil’s (MER) 50-day simple moving average is 1.71, creating a Buy signal.
Africa Oil’s (MER) stock price is C$1.88 and Africa Oil’s (MER) 100-day simple moving average is 1.72, creating a Buy signal.
Africa Oil’s (MER) stock price is C$1.88 and Africa Oil’s (MER) 200-day simple moving average is 1.75, creating a Buy signal.

Africa Oil (MER) Technical Indicators

Sep 18, 2025, 08:39 PM
Name
Value
Implied Action
RSI (14)
71.01
Sell
STOCH (9,6)
80.87
Sell
STOCHRSI (14)
74.85
Neutral
MACD (12,26)
0.03
Sell
ADX (14)
17.57
Buy
Williams %R
-5.88
Sell
CCI (14)
193.98
Sell
ATR (14)
0.05
-
Ultimate Oscillator
60.20
Neutral
ROC
5.62
Buy
Africa Oil’s (MER) Relative Strength Index (RSI) is 71.01, creating a Sell signal.
Africa Oil’s (MER) Trend Strength Indicator (ADX) is 17.57, creating a Buy signal.
Africa Oil’s (MER) Commodity Channel Index (CCI) is 193.98, creating a Sell signal.
Africa Oil’s (MER) Price Rate of Change (ROC) is 5.62, creating a Buy signal.

FAQ

Is MER a Buy, Hold, or Sell?
Based on MER’s technical indicators, MER is a Buy.
    What is MER’s RSI (14)?
    MER’s RSI (14) is 71.01, which suggests MER is a Sell.
      What is MER’s MACD?
      MER’s MACD is 0.03, which suggests MER is a Sell.
        What is MER’s 5-day moving average?
        MER’s 5-day moving average is 1.80, which suggests MER is a Buy.
          What is MER’s 20-day moving average?
          MER 20-day moving average is 1.77, which suggests MER is a Buy.
            What is MER’s 50-day moving average?
            MER’s 50-day moving average is 1.71, which suggests MER is a Buy.
              What is MER’s 200-day moving average?
              MER’s 200-day moving average is 1.75, which suggests MER is a Buy.
                What is MER’s Williams % R (14)?
                MER’s Williams % R (14) is -5.88, which suggests MER is a Sell.
                  What is MER’s CCI (14)?
                  MER’s CCI (14) is 193.98, which suggests MER is a Sell.
                    What am I Missing?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis