CGX ENERGY INC (OYL.CA) Technical Analysis
TSX-V:OYL • CA1254055066
Taking everything into account, OYL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, OYL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, OYL did better than 92% of all other stocks.
- OYL is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. OYL outperforms 94% of them.
- OYL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OYL is performing more or less in line with the market.
- In the last month OYL has a been trading in the 0.17 - 0.39 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Although OYL has an excellent technical rating, it does not present a decent entry opportunity 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
0.13
We found 3 important support areas.
- A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.13 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for OYL.CA is up. |
| ChartMill Relative Strength | 92.08 | POSITIVE | OYL.CA has a high relative strength, it outperformed 92.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OYL.CA is above the rising 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) | 66.83 | NEUTRAL | The RSI value for OYL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OYL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.62 | OVERBOUGHT | The high Stochastics value suggests OYL.CA may be overbought. |
| Average True Range in percent/ATR (20) | 13.91 | HIGH VOLATILITY | The high ATR as a percentage value for OYL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 47.86 | POSITIVE | The high ADX value value for OYL.CA suggests a strong trend. |
OYL.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:OYL (3/6/2026, 7:00:00 PM)
0.345
-0.01 (-1.43%)
CGX ENERGY INC / OYL.CA FAQ
Can you provide the ChartMill technical rating for CGX ENERGY INC?
ChartMill assigns a technical rating of 10 / 10 to OYL.CA.
What is the trend direction for OYL stock?
The current trend direction for CGX ENERGY INC (OYL.CA) is Bullish.
What is the RSI signal for CGX ENERGY INC (OYL.CA) stock?
CGX ENERGY INC (OYL.CA) has an RSI value of 66.8265. 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 positive.
What is the buy/sell signal for CGX ENERGY INC (OYL.CA) stock?
The buy/sell signal for CGX ENERGY INC (OYL.CA) is buy as both the short term and long term trends are positive.