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Oil Refineries Ltd.

OILRF•PNK
Energy
Oil & Gas Refining & Marketing
$0.60
$-0.00(-0.58%)
U.S. Market opens in 13h 24m

Oil Refineries Ltd. (OILRF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Oil Refineries Ltd. (PNK:OILRF).

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

OILRF Technical Analysis Summary

Oil Refineries Ltd. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 58.30)
Trend Strength:Strong (ADX: 33.57)
Volatility:High (ATR: 0.04)
Support/Resistance:$0.43 – $0.66 (Bollinger Bands)

Technical conditions suggest Oil Refineries Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 58.30

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 40.17

Neutral
Mid-range signal with no clear trend.

Williams %R: -42.33

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 8.45

Strongly Bullish
Strong upside momentum.

Takeaway:Oil Refineries Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.04

Bullish
Bullish, trend momentum is strengthening.

ADX: 33.57

Strong
Strong trend, momentum well established.

ATR (14): 0.04

Low
Low volatility, stable price action.

CCI (14): 48.16

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.66
Middle Band (SMA 20)
$0.54
Lower Band
$0.43
Current Position
Within Bands

Takeaway:Oil Refineries Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.63
Middle Line (EMA 20)
$0.55
Lower Channel
$0.46
Squeeze Status
No Squeeze

Takeaway:Oil Refineries Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-63.82K
Money Flow Index66.45Bullish, inflows support continued momentum.
Relative Vigor Index41.21Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:OILRF shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Oil Refineries Ltd., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Oil Refineries Ltd. are mixed, suggesting a Hold or wait-and-see approach.

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