TRIO PETROLEUM CORP (TPET) Stock Technical Analysis
NYSEARCA:TPET - NYSE Arca - US89669L2079 - Common Stock - Currency: USD
Overall TPET gets a technical rating of 3 out of 10. TPET was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
TPET is currently trading in the lower part of its 52 week range. But, the S&P500 Index is also trading in the lower part of its yearly range, so TPET is not an exception.
In the last month TPET has a been trading in the 1.17 - 1.56 range, which is quite wide. It is currently trading near the lows of this range.
TPET is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 99% of 212 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, TPET did better than 98% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, TPET does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for TPET in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.16
1.45
When analyzing the support we can see 4 important areas.
- Support @1.28 from a trend line in the weekly time frame.
- A support zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.19 from a horizontal line in the daily time frame.
- Support @1.17 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.40 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.44 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.86
Mansfield8.74
10 Day High1.5
10 Day Low1.17
20 Day High1.56
20 Day Low1.17
52 Week High4.05
52 Week Low0.1
Performance
1 Week-0.77%
2 Weeks-8.51%
1 Month-5.15%
3 Month-18.35%
6 Month732.8%
12 Month224.53%
2 Year-37.07%
3 YearN/A
5 YearN/A
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)-0.01
RSI(14)46.15
LBB1.13
UBB1.54
1.29
+0.06 (+5.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg5.31%
1 Week-0.77%
2 Weeks-8.51%
1 Month-5.15%
3 Month-18.35%
6 Month732.8%
12 Month224.53%
2 Year-37.07%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%10.2%
ATR Inc-47.1%
Range Today0.09
ADR(20)0.13
ADR(20)%10.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.86
Mansfield8.74
10 Day High1.5
10 Day Low1.17
20 Day High1.56
20 Day Low1.17
52 Week High4.05
52 Week Low0.1
CS1 End1.28
CR1 Start1.4
Volume & EV
DER(3)7.64%
DER(5)-8.71%
Volume113.90K
Volume Incr-29.23%
Vol(5)136.92K
Vol(50)288.99K