OBSIDIAN ENERGY LTD (OBE.CA) Stock Technical Analysis
TSX:OBE - Toronto Stock Exchange - CA6744822033 - Common Stock - Currency: CAD
Overall OBE gets a technical rating of 1 out of 10. OBE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, OBE is a bad performer in the overall market: 83% of all stocks are doing better.
OBE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 61% of 215 stocks in the same industry do better.
OBE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OBE is lagging the market.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month OBE has a been trading in the 7.16 - 8.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of OBE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.01
12.09
We found 1 important support area.
- A support zone ranging from 7.08 to 7.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.87 to 7.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.64 to 8.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.97 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.89
Mansfield-2.4
10 Day High8.77
10 Day Low7.37
20 Day High8.77
20 Day Low7.16
52 Week High12.37
52 Week Low7.02
Performance
1 Week-3.39%
2 Weeks-3.52%
1 Month-2.24%
3 Month-7.49%
6 Month-19.98%
12 Month-24%
2 Year-23.13%
3 Year-31.33%
5 Year803.66%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)43.04
LBB6.99
UBB8.61
TSX:OBE (2/25/2025, 7:00:00 PM)
7.41
-0.91 (-10.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-10.94%
1 Week-3.39%
2 Weeks-3.52%
1 Month-2.24%
3 Month-7.49%
6 Month-19.98%
12 Month-24%
2 Year-23.13%
3 Year-31.33%
5 Year803.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%4.84%
ATR Inc72.86%
Range Today0.84
ADR(20)0.33
ADR(20)%4.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.89
Mansfield-2.4
10 Day High8.77
10 Day Low7.37
20 Day High8.77
20 Day Low7.16
52 Week High12.37
52 Week Low7.02
CS1 End7.22
CR1 Start7.87
Volume & EV
DER(3)5.17%
DER(5)5.39%
Volume762.11K
Volume Incr138.9%
Vol(5)534.70K
Vol(50)256.12K