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Journey Energy Inc.

JOY.TO Technical Analysis Summary (TSX)

Analyze JOY.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

JOY.TO●TSX
EnergyOil & Gas Exploration & Production
$5.43
$0.34(5.89%)
Canadian Market opens in 0h 0m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

JOY.TO Technical Analysis Summary (TSX)

Journey Energy Inc. (TSX: JOY.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.03)
Trend Strength:Moderate (ADX: 25.58)
Volatility:Medium (ATR: 0.26)
Support/Resistance:$5.60 – $6.19 (Bollinger Bands)

Technical conditions suggest Journey Energy Inc. on the TSX is awaiting a decisive move. Overall, Journey Energy Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 43.03

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 15.61

Bullish
Oversold zone signals rebound potential.

Williams %R: -98.78

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -7.50

Strongly Bearish
Sharp downside momentum.

Takeaway:Journey Energy Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.11

Bullish
Bullish, trend momentum is strengthening.

ADX: 25.58

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.26

Low
Low volatility, stable price action.

CCI (14): -229.03

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Journey Energy Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$6.19
Middle Band (SMA 20)
$5.89
Lower Band
$5.60
Current Position
Below Lower Band

Takeaway:Journey Energy Inc. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$6.30
Middle Line (EMA 20)
$5.77
Lower Channel
$5.24
Squeeze Status
Squeeze On

Takeaway:Journey Energy Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume4.20M
Money Flow Index31.09Bearish, selling pressure outweighs inflows.
Relative Vigor Index41.20Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:JOY.TO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Journey Energy Inc. (TSX: JOY.TO), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Journey Energy Inc. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: JOY.TO) Technical Analysis FAQ