TOURMALINE OIL CORP (TOU.CA) Technical Analysis
TSX:TOU • CA89156V1067
Current stock price
TOU.CA Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to TOU. TOU has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- TOU is part of the Oil, Gas & Consumable Fuels industry. There are 203 other stocks in this industry, of which 70% are performing better than TOU.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month TOU has a been trading in the 58.49 - 66.00 range, which is quite wide. It is currently trading near the high of this range.
- TOU has an average volume of 3066100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, TOU turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TOU.CA Weekly and Daily overview Charts
TOU.CA Setup Rating and Analysis
TOU has an average technical rating and it also does not offer a high quality setup 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
TOU.CA Support and Resistance Analysis
56.27
3 important support areas can be observed.
- A support zone ranging from 61.93 to 62.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 59.79 to 60.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 56.84 to 58.50. 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 69.52 to 69.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
TOU.CA Technical Indicator Signal Analysis
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 | 40.42 | 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) | UP | POSITIVE | The current price of TOU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.26 | NEUTRAL | The RSI value for TOU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests TOU.CA has a positive trend. |
| Stochastics (14,3) | 97.68 | OVERBOUGHT | The high Stochastics value suggests TOU.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for TOU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.03 | NEUTRAL | The ADX value for TOU.CA suggests a possible start of a new trend. |
TOU.CA Chart- and CandleStick Pattern Analysis
TOU.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TOU (5/1/2026, 7:00:00 PM)
65.95
+0.15 (+0.23%)
TOURMALINE OIL CORP / TOU.CA TA FAQ
What is the ChartMill technical rating of TOURMALINE OIL CORP (TOU.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to TOU.CA.
What is the trend direction for TOU stock?
The current trend direction for TOURMALINE OIL CORP (TOU.CA) is Bearish.
What is the RSI signal for TOURMALINE OIL CORP (TOU.CA) stock?
TOURMALINE OIL CORP (TOU.CA) has an RSI value of 62.2587. This indicates that the stock is currently neutral.
What is the short term momentum for TOU stock?
The short term momentum for TOURMALINE OIL CORP (TOU.CA) is positive.
Can you provide the support and resistance levels for TOURMALINE OIL CORP?
TOURMALINE OIL CORP (TOU.CA) has a support level at 62.25 and a resistance level at 69.52. Check the full technical report for our detailed analysis of TOU.CA support and resistance levels.