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Permex Petroleum Corporation (TSE:OIL)
:OIL
Canadian Market

Permex Petroleum Corporation (OIL) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Sell
4Bullish
4Neutral
13Bearish
Technical Analysis Consensus
Sell
2Bullish
4Neutral
3Bearish
Moving Average Consensus
Strong Sell
2Bullish
0Neutral
10Bearish
Permex Petroleum Corporation’s (OIL) Moving Averages Convergence Divergence (MACD) indicator is -0.14, suggesting Permex Petroleum Corporation is a Sell.
Permex Petroleum Corporation’s (OIL) 20-Day exponential moving average is 3.94, while Permex Petroleum Corporation’s (OIL) share price is C$4, making it a Sell.
Permex Petroleum Corporation’s (OIL) 50-Day exponential moving average is 4.15, while Permex Petroleum Corporation’s (OIL) share price is C$4, making it a Sell.

Permex Petroleum Corporation (OIL) Pivot Points

Feb 24, 2026, 06:44 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
3.14
3.28
3.54
3.68
3.94
4.08
4.34
Fibonacci
3.28
3.43
3.52
3.68
3.83
3.92
4.08
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Permex Petroleum Corporation (OIL) Moving Averages

Feb 24, 2026, 06:44 PM
Period
Simple
Exponential
MA5
3.81Buy
3.81Sell
MA10
3.81Buy
3.84Sell
MA20
3.94Sell
3.94Sell
MA50
4.17Sell
4.15Sell
MA100
4.41Sell
4.30Sell
MA200
4.52Sell
4.29Sell
Permex Petroleum Corporation’s (OIL) 10-Day exponential moving average is 3.84, while Permex Petroleum Corporation’s (OIL) share price is C$4, making it a Sell.
Permex Petroleum Corporation’s (OIL) 100-Day exponential moving average is 4.30, while Permex Petroleum Corporation’s (OIL) share price is C$4, making it a Sell.
Permex Petroleum Corporation’s (OIL) stock price is C$4 and Permex Petroleum Corporation’s (OIL) 50-day simple moving average is 4.17, creating a Sell signal.
Permex Petroleum Corporation’s (OIL) stock price is C$4 and Permex Petroleum Corporation’s (OIL) 100-day simple moving average is 4.41, creating a Sell signal.
Permex Petroleum Corporation’s (OIL) stock price is C$4 and Permex Petroleum Corporation’s (OIL) 200-day simple moving average is 4.52, creating a Sell signal.

Permex Petroleum Corporation (OIL) Technical Indicators

Feb 24, 2026, 06:44 PM
Name
Value
Implied Action
RSI (14)
34.11
Neutral
STOCH (9,6)
100.00
Sell
STOCHRSI (14)
62.01
Neutral
MACD (12,26)
-0.14
Sell
ADX (14)
37.98
Neutral
Williams %R
0.00
Buy
CCI (14)
-47.62
Neutral
ATR (14)
0.32
-
Ultimate Oscillator
97.35
Buy
ROC
2.97
Buy
Permex Petroleum Corporation’s (OIL) Relative Strength Index (RSI) is 34.11, creating a Neutral signal.
Permex Petroleum Corporation’s (OIL) Trend Strength Indicator (ADX) is 37.98, creating a Neutral signal.
Permex Petroleum Corporation’s (OIL) Commodity Channel Index (CCI) is -47.62, creating a Neutral signal.
Permex Petroleum Corporation’s (OIL) Price Rate of Change (ROC) is 2.97, creating a Buy signal.

FAQ

Is OIL a Buy, Hold, or Sell?
Based on OIL’s technical indicators, OIL is a Sell.
    What is OIL’s RSI (14)?
    OIL’s RSI (14) is 34.11, which suggests OIL is a Neutral.
      What is OIL’s MACD?
      OIL’s MACD is -0.14, which suggests OIL is a Sell.
        What is OIL’s 5-day moving average?
        OIL’s 5-day moving average is 3.81, which suggests OIL is a Buy.
          What is OIL’s 20-day moving average?
          OIL 20-day moving average is 3.94, which suggests OIL is a Sell.
            What is OIL’s 50-day moving average?
            OIL’s 50-day moving average is 4.17, which suggests OIL is a Sell.
              What is OIL’s 200-day moving average?
              OIL’s 200-day moving average is 4.52, which suggests OIL is a Sell.
                What is OIL’s Williams % R (14)?
                OIL’s Williams % R (14) is 0.00, which suggests OIL is a Buy.
                  What is OIL’s CCI (14)?
                  OIL’s CCI (14) is -47.62, which suggests OIL is a Neutral.