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Tourmaline Oil Corp.

TOU.TO•TSX
Energy
Oil & Gas Exploration & Production
$66.58
$-2.35(-3.41%)
Canadian Market opens in 1h 57m

Tourmaline Oil Corp. (TOU.TO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Tourmaline Oil Corp. (TSX:TOU.TO).

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

TOU.TO Technical Analysis Summary

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

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 51.43)
Trend Strength:Moderate (ADX: 23.59)
Volatility:Medium (ATR: 2.04)
Support/Resistance:$62.24 – $71.02 (Bollinger Bands)

Technical signals confirm buyers remain in control of Tourmaline Oil Corp.’s price action.

Momentum Indicators

RSI (14): 51.43

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 61.07

Bullish
Buying momentum building without extremes.

Williams %R: -70.37

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 2.45

Bullish
Steady upward momentum.

Takeaway:Tourmaline Oil Corp. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 1.28

Bullish
Bullish, trend momentum is strengthening.

ADX: 23.59

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.04

Medium
Medium volatility, healthy price movement.

CCI (14): -24.42

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$71.02
Middle Band (SMA 20)
$66.63
Lower Band
$62.24
Current Position
Within Bands

Takeaway:Tourmaline Oil Corp. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$70.88
Middle Line (EMA 20)
$66.80
Lower Channel
$62.72
Squeeze Status
No Squeeze

Takeaway:Tourmaline Oil Corp. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume27.15M
Money Flow Index53.60Neutral, balanced money flows with no clear signal.
Relative Vigor Index60.72Bullish, price momentum strongly favors buyers.

Overall Takeaway:TOU.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Tourmaline Oil Corp., 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.

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

Bearish Signals

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

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

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