TAMBORAN RESOURCES CORP (TBN) Stock Technical Analysis
NYSE:TBN - US87507T1016 - Common Stock
20.46 USD
-0.03 (-0.15%)
Taking everything into account, TBN scores 3 out of 10 in our technical rating. TBN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
TBN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: TBN has an average volume of 24762 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, TBN outperforms 45% of them, which is more or less in line with the market.
TBN is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 58% of 208 stocks in the same industry.
In the last month TBN has a been trading in the 19.28 - 22.25 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.
TBN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
18.47
24.10
3 important support areas can be observed.
- Support @19.53 from a trend line in the weekly time frame.
- Support @19.01 from a horizontal line in the weekly time frame.
- Support @18.66 from a trend line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 20.48 to 20.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.41 from a trend line in the weekly time frame.
- Resistance @22.79 from a trend line in the daily time frame.
- A resistance zone ranging from 23.43 to 23.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.86 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 | NEUTRAL | NEUTRAL | The long term trend for TBN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TBN is neutral. |
| ChartMill Relative Strength | 45.53 | NEUTRAL | TBN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TBN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TBN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TBN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.54 | NEUTRAL | The RSI value for TBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TBN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.74 | NEUTRAL | The Stochastics value for TBN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for TBN suggests some volalility. |
| Average Directional Index/ADX (14) | 32.55 | POSITIVE | The high ADX value value for TBN suggests a strong 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)
NYSE:TBN (8/22/2025, 8:04:00 PM)
20.46
-0.03 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.15%
1 Week-1.92%
2 Weeks-0.24%
1 Month4.98%
3 Month4.81%
6 Month-24.92%
12 Month2.35%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%3.1%
ATR Inc1.25%
Range Today0.31
ADR(20)0.6
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.53
Mansfield-1.06
10 Day High21.59
10 Day Low20.25
20 Day High22.25
20 Day Low19.28
52 Week High34.5
52 Week Low15.75
CS1 End19.53
CR1 Start20.48
Volume & EV
DER(3)-0.68%
DER(5)-0.41%
Volume10.10K
Volume Incr-37.97%
Vol(5)8.96K
Vol(50)24.76K