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TOURMALINE OIL CORP (TOU.CA) Stock Technical Analysis

TSX:TOU - Toronto Stock Exchange - CA89156V1067 - Common Stock - Currency: CAD

66.56  -0.08 (-0.12%)

Technical Rating and Analysis

4

Overall TOU gets a technical rating of 4 out of 10. In the last year, TOU was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

In the last month TOU has a been trading in the 64.76 - 70.65 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
TOU is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 76% of 214 stocks in the same industry.
TOU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TOU is lagging the market slightly.
TOU has an average volume of 1664080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, TOU turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
Weekly and Daily overview Charts
TOURMALINE OIL CORP / TOU Weekly stock chart
TOURMALINE OIL CORP / TOU Daily stock chart
Setup Rating and Analysis

7

TOU has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

55.38

70.03

We found 2 important support areas.

  • A support zone ranging from 61.85 to 63.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 55.94 to 57.73. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 66.59 to 67.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 69.12 to 69.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS69.95
Mansfield-0.41
10 Day High70.07
10 Day Low64.76
20 Day High70.65
20 Day Low64.76
52 Week High70.65
52 Week Low53.45
Performance
1 Week-1.36%
2 Weeks-4%
1 Month-3.14%
3 Month6.86%
6 Month14.21%
12 Month19.52%
2 Year11.3%
3 Year33.12%
5 Year496.95%
10 Year71.28%
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)-0.34
RSI(14)48.06
LBB65.49
UBB69.72
TOURMALINE OIL CORP / TOU Daily stock chart

TOURMALINE OIL CORP

TSX:TOU (2/5/2025, 7:00:00 PM)

66.56

-0.08 (-0.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.12%
1 Week-1.36%
2 Weeks-4%
1 Month-3.14%
3 Month6.86%
6 Month14.21%
12 Month19.52%
2 Year11.3%
3 Year33.12%
5 Year496.95%
10 Year71.28%
15 YearN/A
Volatility
ATR(14)1.73
ATR(20)%2.63%
ATR Inc-26.59%
Range Today0.93
ADR(20)1.74
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.95
Mansfield-0.41
10 Day High70.07
10 Day Low64.76
20 Day High70.65
20 Day Low64.76
52 Week High70.65
52 Week Low53.45
CS1 End63.07
CR1 Start66.59
Volume & EV
DER(3)-0.62%
DER(5)1.47%
Volume1.07M
Volume Incr-19.59%
Vol(5)1.25M
Vol(50)1.66M