TRIO PETROLEUM CORP (TPET)
US89669L1089 - Common Stock
We assign a technical rating of 8 out of 10 to TPET. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
TPET 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 TPET is lagging the market.
In the last month TPET has a been trading in the 0.79 - 4.05 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, TPET did better than 99% of all other stocks.
TPET is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry. TPET outperforms 100% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TPET has an average volume of 4673960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TPET has an excellent technical rating, but 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.
More info and screens
1.10
1.59
When analyzing the resistance we notice one important area.
- Resistance @1.57 from a trend 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
CRS99.42
Mansfield20.39
10 Day High4.05
10 Day Low0.79
20 Day High4.05
20 Day Low0.79
52 Week High4.05
52 Week Low0.08
Performance
1 Week19.37%
2 Weeks7.25%
1 Month-5.13%
3 Month455.28%
6 Month258.07%
12 Month221.74%
2 YearN/A
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)-0.02
RSI(14)55.25
LBB0.71
UBB1.33
TRIO PETROLEUM CORP
NYSEARCA:TPET (12/20/2024, 8:04:00 PM)
After market: 1.09 -0.02 (-1.8%)1.11
-0.36 (-24.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-24.49%
1 Week19.37%
2 Weeks7.25%
1 Month-5.13%
3 Month455.28%
6 Month258.07%
12 Month221.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%26.2%
ATR Inc1687.47%
Range Today0.32
ADR(20)0.25
ADR(20)%22.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.42
Mansfield20.39
10 Day High4.05
10 Day Low0.79
20 Day High4.05
20 Day Low0.79
52 Week High4.05
52 Week Low0.08
CS1 EndN/A
CR1 Start1.57
Volume & EV
DER(3)2.52%
DER(5)-2.65%
Volume2.81M
Volume Incr6402.52%
Vol(5)22.13M
Vol(50)4.67M