TOURMALINE OIL CORP (TOU.CA) Stock Technical Analysis
Canada - TSX:TOU - CA89156V1067 - Common Stock
We assign a technical rating of 4 out of 10 to TOU. Recently some decent action could be observed, but in the medium term time frame this is still negative. TOU was also a bad performer in the overall market in the last year.
TOU has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 62.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 61.84, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TOU in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
56.27
3 important support areas can be observed.
- A support zone ranging from 60.02 to 61.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @58.50 from a horizontal line in the weekly time frame.
- A support zone ranging from 56.84 to 57.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @62.93 from a horizontal line in the daily time frame.
- Resistance @64.16 from a trend line in the weekly time frame.
- Resistance @65.53 from a horizontal line in the daily time frame.
- Resistance @67.76 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 69.73 to 70.65. 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 | NEUTRAL | NEUTRAL | The long term trend for TOU.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TOU.CA is up. |
| ChartMill Relative Strength | 38.17 | NEUTRAL | TOU.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TOU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TOU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TOU.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.21 | NEUTRAL | The RSI value for TOU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests TOU.CA has a positive trend. |
| Stochastics (14,3) | 79.18 | NEUTRAL | The Stochastics value for TOU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for TOU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.21 | NEGATIVE | The low ADX value for TOU.CA suggests a weak or negative trend. |
TSX:TOU (11/12/2025, 7:00:00 PM)
62.39
+0.12 (+0.19%)
TOURMALINE OIL CORP / TOU.CA FAQ
What is the ChartMill technical rating of TOURMALINE OIL CORP (TOU.CA) stock?
ChartMill assigns a technical rating of 4 / 10 to TOU.CA.
Can you provide the trend direction for TOURMALINE OIL CORP?
The current trend direction for TOURMALINE OIL CORP (TOU.CA) is Bearish.
What is the RSI signal for TOU stock?
TOURMALINE OIL CORP (TOU.CA) has an RSI value of 57.2101. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TOURMALINE OIL CORP?
The MACD indicator for TOURMALINE OIL CORP (TOU.CA) has a value of 0.0970054, indicating a bearish trend.
What is the short term momentum for TOU stock?
The short term momentum for TOURMALINE OIL CORP (TOU.CA) is positive.