TOURMALINE OIL CORP (TOU.CA) Stock Technical Analysis
TSX:TOU - Toronto Stock Exchange - CA89156V1067 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to TOU. TOU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, TOU is a bad performer in the overall market: 85% of all stocks are doing better.
TOU is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, of which 67% are performing better than TOU.
TOU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TOU has a been trading in the 56.72 - 63.19 range, which is quite wide. It is currently trading near the lows of this range.
TOU has an average volume of 2500530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
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 support zone below the current price at 57.00, a Stop Loss order could be placed below this zone.
More info and screens
56.27
69.85
When analyzing the support we notice one important area.
- A support zone ranging from 56.84 to 57.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 60.70 to 60.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 62.10 to 62.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @64.73 from a trend line in the daily time frame.
- Resistance @65.92 from a trend line in the weekly time frame.
- A resistance zone ranging from 67.76 to 69.16. 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 | DOWN | NEGATIVE | The long term trend for TOU.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TOU.CA is down. |
| ChartMill Relative Strength | 15.48 | NEGATIVE | TOU.CA has a low relative strength, it was outperformed by 84.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TOU.CA is below a declining 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) | DOWN | NEGATIVE | The current price of TOU.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.91 | NEUTRAL | The RSI value for TOU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TOU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.16 | OVERSOLD | The low Stochastics value suggests TOU.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for TOU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 31.76 | POSITIVE | The high ADX value value for TOU.CA suggests a strong 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 (8/20/2025, 7:00:00 PM)
57.01
+0.16 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.28%
1 Week-0.49%
2 Weeks-1.71%
1 Month-5.5%
3 Month-10.92%
6 Month-18.24%
12 Month-9.02%
2 Year-17.72%
3 Year-26.58%
5 Year244.06%
10 Year71.2%
15 YearN/A
Volatility
ATR(14)1.09
ATR(20)%1.85%
ATR Inc-59.28%
Range Today0.4
ADR(20)0.9
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.48
Mansfield-1.77
10 Day High58.59
10 Day Low56.72
20 Day High63.19
20 Day Low56.72
52 Week High70.83
52 Week Low55.4
CS1 End57
CR1 Start60.7
Volume & EV
DER(3)-1.83%
DER(5)0.3%
Volume1.12M
Volume Incr-71.92%
Vol(5)1.06M
Vol(50)2.50M