TOURMALINE OIL CORP (TOU.CA) Stock Technical Analysis
Canada - TSX:TOU - CA89156V1067 - Common Stock
61.4 CAD
+0.43 (+0.71%)
We assign a technical rating of 3 out of 10 to TOU. In the past year, TOU was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
82% of all other stocks performed better in the past year than TOU.
TOU is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 66% of 207 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
TOU has an average volume of 2700390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TOU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TOU is lagging the market.
In the last month TOU has a been trading in the 58.81 - 64.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, TOU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 61.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 61.12, 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
56.27
70.43
When analyzing the support we can see 3 important areas.
- A support zone ranging from 59.72 to 61.12. 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 61.72 to 65.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @67.76 from a horizontal line in the weekly time frame.
- Resistance @69.73 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 | 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 | 18.27 | NEGATIVE | TOU.CA has a low relative strength, it was outperformed by 81.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TOU.CA is above a declining 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) | 54.15 | NEUTRAL | The RSI value for TOU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests TOU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.65 | NEUTRAL | The Stochastics value for TOU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for TOU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.64 | 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 (10/22/2025, 7:00:00 PM)
61.4
+0.43 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.71%
1 Week1.62%
2 Weeks-1.21%
1 Month-2.57%
3 Month0.1%
6 Month-1.51%
12 Month-5.26%
2 Year-16.27%
3 Year-20.01%
5 Year255.74%
10 Year125.65%
15 YearN/A
Volatility
ATR(14)1.19
ATR(20)%2.04%
ATR Inc-27.51%
Range Today0.76
ADR(20)1.2
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.27
3 months CRS27.03
6 months CRS14.91
Mansfield-1.27
10 Day High62.38
10 Day Low58.81
20 Day High64.02
20 Day Low58.81
52 Week High70.83
52 Week Low55.4
CS1 End61.12
CR1 Start61.72
Volume & EV
DER(3)3.79%
DER(5)2.27%
Volume1.81M
Volume Incr18.6%
Vol(5)2.38M
Vol(50)2.70M