TOURMALINE OIL CORP (TOU.CA) Stock Technical Analysis
TSX:TOU - Toronto Stock Exchange - CA89156V1067 - Common Stock - Currency: CAD
We assign a technical rating of 2 out of 10 to TOU. TOU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, TOU is a bad performer in the overall market: 75% of all stocks are doing better.
TOU has an average volume of 2300050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
TOU is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, TOU did better than 50% of them.
TOU 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 TOU is lagging the market slightly.
In the last month TOU has a been trading in the 59.59 - 66.13 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.
Although the technical rating is bad, TOU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
55.12
71.58
2 important support areas can be observed.
- A support zone ranging from 58.16 to 58.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 55.68 to 55.69. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 63.58 to 64.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @67.76 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 69.08 to 70.87. 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 | NEUTRAL | NEUTRAL | The short term trend for TOU.CA is neutral. |
| ChartMill Relative Strength | 25.7 | NEGATIVE | TOU.CA has a low relative strength, it was outperformed by 74.3% off all stocks 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) | DOWN | NEGATIVE | The current price of TOU.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TOU.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.44 | NEUTRAL | The RSI value for TOU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TOU.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.26 | NEUTRAL | The Stochastics value for TOU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for TOU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.8 | NEGATIVE | The low ADX value for TOU.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)
TSX:TOU (5/29/2025, 7:00:00 PM)
63.32
-0.27 (-0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.42%
1 Week-0.5%
2 Weeks-2.63%
1 Month3.97%
3 Month-5.14%
6 Month-4.18%
12 Month-6.35%
2 Year11.58%
3 Year-18.9%
5 Year362.87%
10 Year57.55%
15 YearN/A
Volatility
ATR(14)1.33
ATR(20)%2.42%
ATR Inc-38.44%
Range Today1.18
ADR(20)1.42
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.7
Mansfield-0.39
10 Day High66.13
10 Day Low62.56
20 Day High66.13
20 Day Low59.59
52 Week High70.83
52 Week Low55.27
CS1 End58.98
CR1 Start63.58
Volume & EV
DER(3)-1.85%
DER(5)-1.58%
Volume791.35K
Volume Incr-72.75%
Vol(5)676.43K
Vol(50)2.30M