Aveda Transportation and Energy Services Shares Rise Above 200-Day Average

The oilfield services company's stock price has crossed an important technical threshold.

Published on Feb. 8, 2026

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Aveda Transportation and Energy Services Inc., a provider of specialized transportation and equipment services for the oil and gas industry in Western Canada and the United States, saw its share price rise above its 200-day moving average during trading on Friday. The stock closed at C$1.04 per share after reaching as high as C$1.06 earlier in the day.

Why it matters

Crossing above the 200-day moving average is considered a bullish technical indicator, as it suggests the stock's long-term trend may be shifting in a positive direction. This could signal increased investor confidence in Aveda's business outlook and future prospects.

The details

Aveda Transportation and Energy Services provides a range of oilfield services including rig moving, heavy hauling, hotshot, and equipment rentals. The company has operations across Western Canada and several U.S. states. Its 50-day and 200-day moving averages were both C$1.04 prior to Friday's trading.

  • Aveda's share price crossed above its 200-day moving average during trading on Friday, February 8, 2026.

The players

Aveda Transportation and Energy Services Inc.

A provider of specialized transportation services and equipment for the oil and gas industry in Western Canada and the United States.

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The takeaway

Aveda's stock price crossing above its 200-day moving average is a potentially positive technical signal for the company, suggesting improving investor sentiment and a possible shift in the long-term trend of the share price.