TRIO PETROLEUM CORP (TPET)
US89669L1089 - Common Stock
Taking everything into account, TPET scores 3 out of 10 in our technical rating. TPET has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
TPET 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 TPET has a been trading in the 0.26 - 0.49 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
TPET has an average volume of 25980100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that TPET is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
TPET is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, TPET did better than 52% of them.
Considerably lower volume is observed in the last couple of days.
The technical rating of TPET 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
0.28
0.64
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.38 from a trend line in the weekly time frame.
- Resistance @0.63 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.22
Mansfield-5.53
10 Day High0.43
10 Day Low0.26
20 Day High0.49
20 Day Low0.26
52 Week High1.97
52 Week Low0.08
Performance
1 Week-22.29%
2 Weeks-25.24%
1 Month-29.66%
3 Month111.5%
6 Month-9.51%
12 Month-82.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)44.55
LBB0.27
UBB0.41
TRIO PETROLEUM CORP
NYSEARCA:TPET (5/17/2024, 7:04:00 PM)
After market: 0.28 +0 (+0.14%)0.2796
0 (-1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.55%
1 Week-22.29%
2 Weeks-25.24%
1 Month-29.66%
3 Month111.5%
6 Month-9.51%
12 Month-82.41%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%16.29%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.43
10 Day Low0.26
20 Day High0.49
20 Day Low0.26
52 Week High1.97
52 Week Low0.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.54M
Volume Incr-85.24%
Vol(5)3.42M
Vol(50)25.98M