TAMBORAN RESOURCES CORP (TBN) Stock Technical Analysis
NYSE:TBN - New York Stock Exchange, Inc. - US87507T1016 - Common Stock - Currency: USD
Overall TBN gets a technical rating of 6 out of 10. TBN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, TBN is a bad performer in the overall market: 100% of all stocks are doing better.
TBN is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 91% are performing better than TBN.
Warning: TBN has an average volume of 16452 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 positive. This is looking good!
TBN 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 TBN is lagging the market slightly.
In the last month TBN has a been trading in the 19.50 - 24.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
TBN 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
19.31
23.20
We found 2 important support areas.
- A support zone ranging from 20.04 to 20.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.50 to 19.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 22.96 to 22.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TBN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TBN is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | TBN has a low relative strength, it was outperformed by 100% off all stocks 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) | UP | POSITIVE | The current price of TBN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TBN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.94 | NEUTRAL | The RSI value for TBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests TBN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.8 | NEUTRAL | The Stochastics value for TBN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for TBN suggests some volalility. |
| Average Directional Index/ADX (14) | 39.56 | 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 (6/18/2025, 8:04:00 PM)
22.95
+0.58 (+2.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.59%
1 Week4.32%
2 Weeks6.2%
1 Month14.75%
3 Month-1.33%
6 Month33.04%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%4.1%
ATR Inc-42.26%
Range Today0.41
ADR(20)0.88
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High24.5
10 Day Low21.07
20 Day High24.5
20 Day Low19.5
52 Week High34.5
52 Week Low15.75
CS1 End20.06
CR1 Start22.96
Volume & EV
DER(3)-35.62%
DER(5)-22.38%
Volume6.90K
Volume Incr329.02%
Vol(5)65.94K
Vol(50)16.45K