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Tourmaline Oil Corp.

TOU.TO Technical Analysis Summary (TSX)

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

TOU.TO●TSX
EnergyOil & Gas Exploration & Production
$59.83
$1.02(1.68%)
Canadian Market opens in 0h 2m

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 (TSX)

Tourmaline Oil Corp. (TSX: TOU.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 39.86)
Trend Strength:Weak (ADX: 14.48)
Volatility:Medium (ATR: 1.44)
Support/Resistance:$60.07 – $64.46 (Bollinger Bands)

Technical conditions suggest Tourmaline Oil Corp. on the TSX is awaiting a decisive move. This mix signals that Tourmaline Oil Corp. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 39.86

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 12.78

Bullish
Oversold zone signals rebound potential.

Williams %R: -97.11

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.24

Strongly Bearish
Sharp downside momentum.

Takeaway:Tourmaline Oil Corp. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.22

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.48

Weak
Weak trend, market trading sideways.

ATR (14): 1.44

Low
Low volatility, stable price action.

CCI (14): -152.68

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Tourmaline Oil Corp. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$64.46
Middle Band (SMA 20)
$62.27
Lower Band
$60.07
Current Position
Below Lower Band

Takeaway:Tourmaline Oil Corp. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$64.64
Middle Line (EMA 20)
$61.77
Lower Channel
$58.89
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-2.21M
Money Flow Index39.07Bearish, selling pressure outweighs inflows.
Relative Vigor Index36.36Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Tourmaline Oil Corp. (TSX: TOU.TO), here are the key trading signals and recommendations:

Bullish Signals

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 Tourmaline Oil Corp. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: TOU.TO) Technical Analysis FAQ