TOURMALINE OIL CORP (TOU.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TOU - CA89156V1067 - Common Stock
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.
The technical rating of TOU is bad and it also does not present a 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
2 important support areas can be observed.
- A support zone ranging from 58.50 to 59.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 60.26 to 61.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @63.65 from a horizontal line in the daily time frame.
- A resistance zone ranging from 64.84 to 65.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @67.76 from a horizontal line in the weekly time frame.
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 | 14.98 | NEGATIVE | TOU.CA has a low relative strength, it was outperformed by 85.02% 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) | 41.64 | NEUTRAL | The RSI value for TOU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests TOU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.89 | OVERSOLD | The low Stochastics value suggests TOU.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for TOU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.7 | NEGATIVE | The low ADX value for TOU.CA suggests a weak or negative trend. |
TSX:TOU (1/9/2026, 7:00:00 PM)
59.53
+0.99 (+1.69%)
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 0 / 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 41.6388. 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 -0.256841, 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 59.09 and a resistance level at 60.26. Check the full technical report for our detailed analysis of TOU.CA support and resistance levels.