TOURMALINE OIL CORP (TOU.CA) Stock Technical Analysis
TSX:TOU • CA89156V1067
We assign a technical rating of 3 out of 10 to TOU. TOU performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 84% 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. 75% of 212 stocks in the same industry do better.
- TOU has an average volume of 2400290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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 60.58 - 64.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TOU has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 63.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 62.33, a Stop Loss order could be placed below this zone.
More info and screens
56.27
We found 3 important support areas.
- A support zone ranging from 61.35 to 62.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @60.02 from a horizontal line 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.
4 important resistance areas can be observed.
- A resistance zone ranging from 63.65 to 64.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for TOU.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TOU.CA is neutral. |
| ChartMill Relative Strength | 16.11 | NEGATIVE | TOU.CA has a low relative strength, it was outperformed by 83.89% off all stocks 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) | DOWN | MIXED | The current price of TOU.CA is above a declining 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) | 57.03 | NEUTRAL | The RSI value for TOU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TOU.CA has a positive trend. |
| Stochastics (14,3) | 56.34 | NEUTRAL | The Stochastics value for TOU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for TOU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.58 | NEGATIVE | The low ADX value for TOU.CA suggests a weak or negative trend. |
TSX:TOU (2/20/2026, 7:00:00 PM)
63.02
-0.07 (-0.11%)
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 3 / 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 TOU stock?
TOURMALINE OIL CORP (TOU.CA) has an RSI value of 57.0303. This indicates that the stock is currently neutral.
What is the MACD signal for TOURMALINE OIL CORP (TOU.CA) stock?
The MACD indicator for TOURMALINE OIL CORP (TOU.CA) has a value of 0.0395729, indicating a bearish trend.
Can you provide the support and resistance levels for TOURMALINE OIL CORP?
TOURMALINE OIL CORP (TOU.CA) has a support level at 62.33 and a resistance level at 63.65. Check the full technical report for our detailed analysis of TOU.CA support and resistance levels.