CGX ENERGY INC (OYL.CA) Technical Analysis
TSX-V:OYL • CA1254055066
Current stock price
OYL.CA Technical Rating and Analysis
Overall OYL gets a technical rating of 6 out of 10. In the last year, OYL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- When comparing the yearly performance of all stocks, we notice that OYL is one of the better performing stocks in the market, outperforming 90% of all stocks.
- OYL is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. OYL outperforms 85% of them.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- OYL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OYL is lagging the market slightly.
- In the last month OYL has a been trading in the 0.18 - 0.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
OYL.CA Weekly and Daily overview Charts
OYL.CA Setup Rating and Analysis
OYL has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
OYL.CA Support and Resistance Analysis
0.13
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.20 from a trend line in the daily time frame.
- Support @0.15 from a trend line in the weekly time frame.
- Support @0.14 from a trend line in the daily time frame.
- Support @0.13 from a horizontal line in the weekly time frame.
OYL.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for OYL.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OYL.CA is neutral. |
| ChartMill Relative Strength | 90.23 | POSITIVE | OYL.CA has a high relative strength, it outperformed 90.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OYL.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OYL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OYL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.2 | NEUTRAL | The RSI value for OYL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests OYL.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.54 | NEUTRAL | The Stochastics value for OYL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.75 | HIGH VOLATILITY | The high ATR as a percentage value for OYL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.78 | POSITIVE | The high ADX value value for OYL.CA suggests a strong trend. |
OYL.CA Chart- and CandleStick Pattern Analysis
OYL.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:OYL (3/27/2026, 7:00:00 PM)
0.24
+0.01 (+6.67%)
CGX ENERGY INC / OYL.CA TA FAQ
Can you provide the ChartMill technical rating for CGX ENERGY INC?
ChartMill assigns a technical rating of 6 / 10 to OYL.CA.
What is the trend direction for OYL stock?
The current trend direction for CGX ENERGY INC (OYL.CA) is Bearish.
What is the RSI signal for CGX ENERGY INC (OYL.CA) stock?
CGX ENERGY INC (OYL.CA) has an RSI value of 50.1967. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CGX ENERGY INC?
The short term momentum for CGX ENERGY INC (OYL.CA) is neutral.