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Obsidian Energy Ltd.

OBE.TO Technical Analysis Summary (TSX)

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

OBE.TO●TSX
EnergyOil & Gas Exploration & Production
$16.28
$0.92(5.35%)
Canadian Market is Open · 09:30

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

OBE.TO Technical Analysis Summary (TSX)

Obsidian Energy Ltd. (TSX: OBE.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: 49.67)
Trend Strength:Moderate (ADX: 28.03)
Volatility:High (ATR: 0.87)
Support/Resistance:$15.18 – $18.10 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 49.67

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 32.98

Bearish
Momentum remains weak below midpoint.

Williams %R: -90.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 2.26

Bullish
Steady upward momentum.

Takeaway:Obsidian Energy Ltd. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.54

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.03

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.87

Low
Low volatility, stable price action.

CCI (14): -102.17

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$18.10
Middle Band (SMA 20)
$16.64
Lower Band
$15.18
Current Position
Within Bands

Takeaway:Obsidian Energy Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$18.35
Middle Line (EMA 20)
$16.61
Lower Channel
$14.87
Squeeze Status
Squeeze On

Takeaway:Obsidian Energy Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume3.13M
Money Flow Index63.34Bullish, inflows support continued momentum.
Relative Vigor Index47.24Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:OBE.TO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Obsidian Energy Ltd. (TSX: OBE.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 Obsidian Energy Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: OBE.TO) Technical Analysis FAQ