0.7955 USD
-0.03 (-4.11%)
0.7731 USD
-0.02 (-2.82%)
Taking everything into account, TPET scores 0 out of 10 in our technical rating. TPET'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
87% of all other stocks performed better in the past year than TPET.
TPET is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, of which 83% are performing better than TPET.
TPET is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TPET has a been trading in the 0.76 - 0.96 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
TPET has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
0.79
1.18
We can see 5 important resistance areas.
- A resistance zone ranging from 0.82 to 0.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.87 to 0.88. 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 0.92 to 0.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.13 from a horizontal line in the daily time frame.
- Resistance @1.17 from a trend 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 TPET is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TPET is down. |
| ChartMill Relative Strength | 13.21 | NEGATIVE | TPET has a low relative strength, it was outperformed by 86.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TPET is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TPET is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TPET is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.13 | NEUTRAL | The RSI value for TPET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TPET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.34 | NEUTRAL | The Stochastics value for TPET is a neutral value. |
| Average True Range in percent/ATR (20) | 7.22 | HIGH VOLATILITY | The high ATR as a percentage value for TPET suggests high volalility. |
| Average Directional Index/ADX (14) | 11.24 | NEGATIVE | The low ADX value for TPET suggests a weak or negative 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)
0.7955
-0.03 (-4.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.11%
1 Week-3.42%
2 Weeks-7.87%
1 Month-13.69%
3 Month-21.74%
6 Month-47.16%
12 Month-25.26%
2 Year167.7%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%7.22%
ATR Inc14.51%
Range Today0.06
ADR(20)0.06
ADR(20)%7.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.21
3 months CRS13.82
6 months CRS5.51
Mansfield-3.95
10 Day High0.96
10 Day Low0.76
20 Day High0.96
20 Day Low0.76
52 Week High3.25
52 Week Low0.76
CS1 End0.82
CR1 Start0.87
Volume & EV
DER(3)-12.42%
DER(5)-14.09%
Volume72.13K
Volume Incr10.98%
Vol(5)166.60K
Vol(50)408.96K
TRIO PETROLEUM CORP / TPET FAQ
What is the ChartMill technical rating of TRIO PETROLEUM CORP (TPET) stock?
ChartMill assigns a technical rating of 0 / 10 to TPET.
Can you provide the trend direction for TRIO PETROLEUM CORP?
The current trend direction for TRIO PETROLEUM CORP (TPET) is Bearish.
Can you provide the RSI signal for TRIO PETROLEUM CORP?
TRIO PETROLEUM CORP (TPET) has an RSI value of 39.1269. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TRIO PETROLEUM CORP?
The short term momentum for TRIO PETROLEUM CORP (TPET) is negative.
What is the buy/sell signal for TPET stock?
The buy/sell signal for TRIO PETROLEUM CORP (TPET) is sell as both the short term and long term trends are negative.