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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
$62.28
$0.10(0.16%)
Canadian Market opens in 12h 45m

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:Neutral to Bullish (RSI: 55.54)
Trend Strength:Weak (ADX: 19.49)
Volatility:Low (ATR: 1.13)
Support/Resistance:$57.66 – $64.74 (Bollinger Bands)

Technical conditions suggest Tourmaline Oil Corp. on the TSX is awaiting a decisive move. Technical conditions suggest Tourmaline Oil Corp. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 55.54

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 75.23

Bullish
Buying momentum building without extremes.

Williams %R: -6.59

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.36

Neutral
Price change is minimal.

Takeaway:Tourmaline Oil Corp. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.21

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.49

Weak
Weak trend, market trading sideways.

ATR (14): 1.13

Low
Low volatility, stable price action.

CCI (14): 158.20

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$64.74
Middle Band (SMA 20)
$61.20
Lower Band
$57.66
Current Position
Within Bands

Takeaway:Tourmaline Oil Corp. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$63.35
Middle Line (EMA 20)
$61.08
Lower Channel
$58.81
Squeeze Status
No Squeeze

Takeaway:Tourmaline Oil Corp. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-9.64M
Money Flow Index54.52Neutral, balanced money flows with no clear signal.
Relative Vigor Index46.76Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:TOU.TO shows balanced money flow with a slight bullish bias.

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

RSI above 50 → positive momentum from buyers.

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

(TSX: TOU.TO) Technical Analysis FAQ