CGX ENERGY INC (OYL.CA) Stock Technical Analysis
TSX-V:OYL - CA1254055066 - Common Stock
0.135 CAD
-0.01 (-6.9%)
We assign a technical rating of 7 out of 10 to OYL. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
OYL is part of the Oil, Gas & Consumable Fuels industry. There are 215 other stocks in this industry. OYL outperforms 86% of them.
When comparing the yearly performance of all stocks, we notice that OYL is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
OYL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OYL is lagging the market.
In the last month OYL has a been trading in the 0.13 - 0.17 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.
Besides having an excellent technical rating, OYL also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for OYL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.13
0.18
We found 1 important support area.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.16 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.18 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for OYL.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OYL.CA is neutral. |
| ChartMill Relative Strength | 81.6 | POSITIVE | OYL.CA has a high relative strength, it outperformed 81.6% 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 | MIXED | The current price of OYL.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OYL.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.33 | NEUTRAL | The RSI value for OYL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OYL.CA has a negative trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for OYL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 12.59 | HIGH VOLATILITY | The high ATR as a percentage value for OYL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.26 | NEGATIVE | The low ADX value for OYL.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.15 | 0.12 | 0.04 (23.33%) | 4.29% |
| An entry @0.15. This is a Buy Stop order right above the resistance zone. | An exit @0.12. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 23.33%. | For a 1.00% total portfolio risk, you can invest 4.29% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:OYL (9/2/2025, 7:00:00 PM)
0.135
-0.01 (-6.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-6.9%
1 Week0%
2 Weeks-6.9%
1 Month-12.9%
3 Month80%
6 Month-3.57%
12 Month-3.57%
2 Year-87.5%
3 Year-85.64%
5 Year-71.28%
10 Year-53.45%
15 Year-99.81%
Volatility
ATR(14)0.02
ATR(20)%12.59%
ATR Inc19.15%
Range Today0.02
ADR(20)0.02
ADR(20)%11.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.6
Mansfield-0.91
10 Day High0.17
10 Day Low0.13
20 Day High0.17
20 Day Low0.13
52 Week High0.24
52 Week Low0.08
CS1 End0.13
CR1 Start0.14
Volume & EV
DER(3)54.39%
DER(5)199.9%
Volume147.36K
Volume Incr-26.96%
Vol(5)43.47K
Vol(50)71.19K