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ALVOF
Stock ticker: OTC
AS OF
Dec 17 closing price
Price
$3.49
Change
-$0.04 (-1.13%)
Capitalization
274.21M

ALVOF stock forecast, quote, news & analysis

ALVOF
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for ALVOF with price predictions
Dec 17, 2024

ALVOF's RSI Oscillator recovers from oversold territory

The RSI Indicator for ALVOF moved out of oversold territory on December 04, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 23 similar instances when the indicator left oversold territory. In of the 23 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 06, 2024. You may want to consider a long position or call options on ALVOF as a result. In of 103 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for ALVOF just turned positive on December 06, 2024. Looking at past instances where ALVOF's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

ALVOF moved above its 50-day moving average on December 12, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where ALVOF advanced for three days, in of 258 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ALVOF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ALVOF broke above its upper Bollinger Band on December 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for ALVOF entered a downward trend on December 06, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.254) is normal, around the industry mean (4.423). P/E Ratio (8.460) is within average values for comparable stocks, (19.470). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.566). Dividend Yield (0.064) settles around the average of (0.084) among similar stocks. P/S Ratio (4.131) is also within normal values, averaging (156.728).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ALVOF’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock slightly better than average.

A.I.Advisor
published Dividends

ALVOF paid dividends on October 15, 2024

Alvopetro Energy Ltd ALVOF Stock Dividends
А dividend of $0.09 per share was paid with a record date of October 15, 2024, and an ex-dividend date of September 27, 2024. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are ConocoPhillips (NYSE:COP), Canadian Natural Resources Limited (NYSE:CNQ), EOG Resources (NYSE:EOG), Occidental Petroleum Corp (NYSE:OXY), Hess Corp (NYSE:HES), Diamondback Energy (NASDAQ:FANG), Devon Energy Corp (NYSE:DVN), EQT Corp (NYSE:EQT), Marathon Oil Corp (null:MRO), Expand Energy Corporation (NASDAQ:EXE).

Industry description

The oil and gas production segment includes companies that specialize in exploration, development, and production of oil and natural gas. These companies are focused on upstream operations. Companies typically identify deposits, drill wells, and extract raw materials from underground. The industry also includes related services like rig operations, feasibility studies, machinery rentals etc. Several operators in this industry work with various types of contractors such as engineering procurement and construction contractors, as well as with joint-venture partners and oil field service companies. Oil and gas often involves large fixed costs of production; so, declining crude oil prices, for example, is a potential negative for this industry. Conoco Phillips, EOG Resources, Inc. and Pioneer Natural Resources Company are some examples of companies operating in this space.

Market Cap

The average market capitalization across the Oil & Gas Production Industry is 4.08B. The market cap for tickers in the group ranges from 3.28K to 151.38B. COP holds the highest valuation in this group at 151.38B. The lowest valued company is PSTRQ at 3.28K.

High and low price notable news

The average weekly price growth across all stocks in the Oil & Gas Production Industry was 47%. For the same Industry, the average monthly price growth was -5%, and the average quarterly price growth was -8%. OILCF experienced the highest price growth at 13,152%, while LNGNF experienced the biggest fall at -47%.

Volume

The average weekly volume growth across all stocks in the Oil & Gas Production Industry was 36%. For the same stocks of the Industry, the average monthly volume growth was 62% and the average quarterly volume growth was 79%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 54
P/E Growth Rating: 58
Price Growth Rating: 61
SMR Rating: 73
Profit Risk Rating: 75
Seasonality Score: 30 (-100 ... +100)
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ALVOF
Daily Signalchanged days ago
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published General Information

General Information

Industry OilGasProduction

Profile
Fundamentals
Details
Industry
N/A
Address
215 - 9th Avenue SW
Phone
+1 587 794-4215
Employees
31
Web
https://www.alvopetro.com