TOURMALINE OIL CORP (TOU.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TOU - CA89156V1067 - Common Stock
Overall TOU gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, TOU is a bad performer.
Besides having an excellent technical rating, TOU also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 65.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 63.07, a Stop Loss order could be placed below this zone.
More info and screens
56.27
3 important support areas can be observed.
- A support zone ranging from 60.02 to 63.07. 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 3 important resistance areas.
- A resistance zone ranging from 65.35 to 65.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 67.32 to 67.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | UP | POSITIVE | The long term trend for TOU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TOU.CA is up. |
| ChartMill Relative Strength | 37.46 | 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 | MIXED | The current price of TOU.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.97 | NEUTRAL | The RSI value for TOU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests TOU.CA has a negative trend. |
| Stochastics (14,3) | 31.8 | NEUTRAL | The Stochastics value for TOU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for TOU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.51 | NEUTRAL | The ADX value for TOU.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 64.02 | 62.74 | 1.27 (1.99%) | 25.00% |
| An entry @64.02. This is a Buy Stop order right above the 10 day moving average. | An exit @62.74. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.27 points, which is 1.99%. | For a 0.50% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TOU. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:TOU (12/12/2025, 7:00:00 PM)
63.07
-0.06 (-0.1%)
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 7 / 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 Bullish.
What is the RSI signal for TOU stock?
TOURMALINE OIL CORP (TOU.CA) has an RSI value of 50.9688. 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 -0.113093, 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.