Technical Analysis for AOF - Africa Opportunity Fund Limited

Grade Last Price % Change Price Change
C 0.64 -3.76% -0.03
AOF closed down 3.76 percent on Thursday, April 11, 2024, on 16 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 Up Up Up

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Gilligan's Island Sell Setup Bearish Swing Setup -3.76%
MACD Bullish Centerline Cross Bullish -3.76%
Wide Bands Range Expansion -3.76%
Above Upper BB Strength -3.76%
Gapped Up Strength -3.76%
Overbought Stochastic Strength -3.76%
Up 3 Days in a Row Strength -3.76%

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Profile

Africa Opportunity Fund Limited Description

Africa Opportunity Fund Limited (AOF) is a closed-end investment company. The Company's investment objective is to achieve capital growth and income through investments in value, arbitrage and special situations opportunities derived from the continent of Africa. The Company may invest in securities issued by companies domiciled outside Africa, which conduct business activities within Africa. The Company may invest in equity, quasi-equity or debt instruments and debt issued by African sovereign states and government entities, and real estate interests. It invests in various sectors, such as telecommunication, consumer finance, consumer products and services, beverages, agricultural chemicals and forestry. The Company has investments in Ghana, Nigeria, Zambia, Mauritius, Botswana, Kenya, Egypt and Zimbabwe, among others. The Company's investment manager is Africa Opportunity Partners Limited.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Consumer Real Estate Equity Securities Private Equity Communication Venture Capital Chemical Beverage Chemicals Consumer Products Special Situation Forestry Consumer Finance Botswana Zimbabwe Arbitrage Agricultural Chemicals

Is AOF 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 0.86
52 Week Low 0.4
Average Volume 192,803
200-Day Moving Average 0.59
50-Day Moving Average 0.58
20-Day Moving Average 0.56
10-Day Moving Average 0.57
Average True Range 0.04
RSI (14) 64.03
ADX 22.56
+DI 31.64
-DI 29.77
Chandelier Exit (Long, 3 ATRs) 0.56
Chandelier Exit (Short, 3 ATRs) 0.61
Upper Bollinger Bands 0.67
Lower Bollinger Band 0.46
Percent B (%b) 0.87
BandWidth 36.95
MACD Line 0.01
MACD Signal Line -0.01
MACD Histogram 0.0164
Fundamentals Value
Market Cap 73.4 Thousand
Num Shares 11.5 Million
EPS -0.12
Price-to-Earnings (P/E) Ratio -5.33
Price-to-Sales 18.36
Price-to-Book 0.61
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.73
Resistance 3 (R3) 0.73 0.69 0.72
Resistance 2 (R2) 0.69 0.67 0.70 0.71
Resistance 1 (R1) 0.67 0.66 0.65 0.67 0.70
Pivot Point 0.63 0.63 0.63 0.64 0.63
Support 1 (S1) 0.61 0.61 0.59 0.61 0.58
Support 2 (S2) 0.57 0.60 0.58 0.57
Support 3 (S3) 0.55 0.57 0.57
Support 4 (S4) 0.55