OBSIDIAN ENERGY LTD (OBE.CA)

CA6744822033 - Common Stock

8.56  -0.11 (-1.27%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to OBE. OBE has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month OBE has a been trading in the 7.02 - 9.04 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, OBE turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
OBE is part of the Oil, Gas & Consumable Fuels industry. There are 217 other stocks in this industry, OBE did better than 51% of them.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
OBE Weekly chart
OBE Daily chart
Setup Rating and Analysis

4

OBE has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

7.09

12.09

2 important support areas can be observed.

  • A support zone ranging from 8.55 to 8.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @7.16 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 8.69 to 8.81. 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.69
Mansfield-1.39
10 Day High9.04
10 Day Low7.99
20 Day High9.04
20 Day Low7.02
52 Week High12.37
52 Week Low7.02
Performance
1 Week-1.04%
2 Weeks7.13%
1 Month11.02%
3 Month6.47%
6 Month-15.41%
12 Month0.12%
2 Year-2.95%
3 Year-8.45%
5 Year840.66%
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)0.07
RSI(14)60.78
LBB7.51
UBB9.11
OBE Daily chart

OBSIDIAN ENERGY LTD

TSX:OBE (1/14/2025, 7:00:00 PM)

8.56

-0.11 (-1.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.27%
1 Week-1.04%
2 Weeks7.13%
1 Month11.02%
3 Month6.47%
6 Month-15.41%
12 Month0.12%
2 Year-2.95%
3 Year-8.45%
5 Year840.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%3.67%
ATR Inc-5.94%
Range Today0.21
ADR(20)0.3
ADR(20)%3.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.69
Mansfield-1.39
10 Day High9.04
10 Day Low7.99
20 Day High9.04
20 Day Low7.02
52 Week High12.37
52 Week Low7.02
CS1 End8.55
CR1 Start8.69
Volume & EV
DER(3)-7.17%
DER(5)-4.55%
Volume154.10K
Volume Incr-25.02%
Vol(5)173.17K
Vol(50)266.98K