Technical Analysis for TRMLF - Tourmaline Oil Corp

Grade Last Price % Change Price Change
grade B 10.5955 -1.71% -0.1845
TRMLF closed down 1.71 percent on Monday, December 9, 2019, on 1 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up
See historical TRMLF trend table...

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Inside Day Range Contraction 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Stochastic Reached Overbought Strength -1.71%
Upper Bollinger Band Walk Strength -1.71%
BB Squeeze Ended Range Expansion -1.71%
Older signals for TRMLF ...

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Profile

Tourmaline Oil Corp., together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the Western Canadian Sedimentary Basin. It holds interests in properties located in the Peace River High, Alberta Deep Basin, and NEBC Montney areas. The company was founded in 2008 and is headquartered in Calgary, Canada.
Natural Gas Properties Geography Of Canada Western Canadian Sedimentary Basin Geology Of Saskatchewan Geology Of Alberta Petronas Canada Geology Of Canada Montney Formation Geology Of Manitoba

Is TRMLF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 16.6515
52 Week Low 7.87
Average Volume 27,376
200-Day Moving Average 12.2301
50-Day Moving Average 9.2762
20-Day Moving Average 9.6951
10-Day Moving Average 9.7357
Average True Range 0.3530
ADX 16.67
+DI 44.9176
-DI 22.4730
Chandelier Exit (Long, 3 ATRs ) 9.7210
Chandelier Exit (Short, 3 ATRs ) 9.8090
Upper Bollinger Band 10.5491
Lower Bollinger Band 8.8411
Percent B (%b) 1.03
BandWidth 17.6171
MACD Line 0.2205
MACD Signal Line 0.1059
MACD Histogram 0.1147
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.5955
Resistance 3 (R3) 10.5955 10.5955 10.5955
Resistance 2 (R2) 10.5955 10.5955 10.5955 10.5955
Resistance 1 (R1) 10.5955 10.5955 10.5955 10.5955 10.5955
Pivot Point 10.5955 10.5955 10.5955 10.5955 10.5955
Support 1 (S1) 10.5955 10.5955 10.5955 10.5955 10.5955
Support 2 (S2) 10.5955 10.5955 10.5955 10.5955
Support 3 (S3) 10.5955 10.5955 10.5955
Support 4 (S4) 10.5955