TOURMALINE OIL CORP (TOU.CA) Stock Technical Analysis
Canada - TSX:TOU - CA89156V1067 - Common Stock
61.29 CAD
+1.27 (+2.12%)
We assign a technical rating of 4 out of 10 to TOU. In the past year, TOU was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
85% of all other stocks performed better in the past year than TOU.
TOU is part of the Oil, Gas & Consumable Fuels industry. There are 216 other stocks in this industry, of which 69% are performing better than TOU.
TOU has an average volume of 3219860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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 57.61 - 64.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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
56.27
70.43
When analyzing the support we can see 2 important areas.
- 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.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 62.11 to 63.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 65.04 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.
- Resistance @69.73 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 | 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 | 15 | NEGATIVE | TOU.CA has a low relative strength, it was outperformed by 85% 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) | UP | POSITIVE | The current price of TOU.CA is above the rising 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) | 52.93 | NEUTRAL | The RSI value for TOU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TOU.CA has a negative trend. |
| Stochastics (14,3) | 53.93 | NEUTRAL | The Stochastics value for TOU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for TOU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.89 | NEUTRAL | The ADX value for TOU.CA suggests a possible start of a new 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 (10/1/2025, 7:00:00 PM)
61.29
+1.27 (+2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.12%
1 Week-2.75%
2 Weeks-1.13%
1 Month5.18%
3 Month-3.25%
6 Month-1.43%
12 Month-7.9%
2 Year-16.42%
3 Year-20.15%
5 Year255.1%
10 Year125.25%
15 YearN/A
Volatility
ATR(14)1.52
ATR(20)%2.16%
ATR Inc65.36%
Range Today1.61
ADR(20)1.26
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15
Mansfield-1.39
10 Day High64.02
10 Day Low59.83
20 Day High64.02
20 Day Low57.61
52 Week High70.83
52 Week Low55.4
CS1 End58.5
CR1 Start62.11
Volume & EV
DER(3)-2.75%
DER(5)-1.26%
Volume1.45M
Volume Incr-46.2%
Vol(5)1.88M
Vol(50)3.22M