TOURMALINE OIL CORP (TOU.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TOU - CA89156V1067 - Common Stock
Overall TOU gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TOU is only an average performer.
Although TOU has an excellent technical rating, it 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
56.27
3 important support areas can be observed.
- A support zone ranging from 60.02 to 62.55. 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.
- Resistance @65.53 from a horizontal line in the daily time frame.
- Resistance @67.76 from a horizontal line in the weekly time frame.
- 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 | 53.93 | 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) | 62.9 | NEUTRAL | The RSI value for TOU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests TOU.CA has a positive trend. |
| Stochastics (14,3) | 84.22 | OVERBOUGHT | The high Stochastics value suggests TOU.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for TOU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.14 | NEUTRAL | The ADX value for TOU.CA suggests a possible start of a new trend. |
TSX:TOU (12/5/2025, 7:00:00 PM)
65.5
+1.34 (+2.09%)
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 8 / 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 62.9001. 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 0.281684, 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.