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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
Strong Sell
3Bullish
3Neutral
14Bearish
Technical Analysis Consensus
Sell
1Bullish
3Neutral
4Bearish
Moving Average Consensus
Strong Sell
2Bullish
0Neutral
10Bearish
Permex Petroleum Corporation’s (OIL) Moving Averages Convergence Divergence (MACD) indicator is -0.12, suggesting Permex Petroleum Corporation is a Sell.
Permex Petroleum Corporation’s (OIL) 20-Day exponential moving average is 3.91, 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 4.11, while Permex Petroleum Corporation’s (OIL) share price is C$4, making it a Sell.

Permex Petroleum Corporation (OIL) Pivot Points

Feb 28, 2026, 02:37 AM
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 28, 2026, 02:37 AM
Period
Simple
Exponential
MA5
3.81Buy
3.81Sell
MA10
3.81Buy
3.83Sell
MA20
3.85Sell
3.91Sell
MA50
4.15Sell
4.11Sell
MA100
4.38Sell
4.27Sell
MA200
4.52Sell
4.28Sell
Permex Petroleum Corporation’s (OIL) 10-Day exponential moving average is 3.83, 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 4.27, 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 4.15, 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 4.38, 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 28, 2026, 02:37 AM
Name
Value
Implied Action
RSI (14)
34.11
Neutral
STOCH (9,6)
100.00
Sell
STOCHRSI (14)
100.00
Sell
MACD (12,26)
-0.12
Sell
ADX (14)
40.15
Neutral
Williams %R
0.00
Buy
CCI (14)
-39.22
Neutral
ATR (14)
0.34
-
Ultimate Oscillator
98.26
Buy
ROC
0.00
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 40.15, creating a Neutral signal.
Permex Petroleum Corporation’s (OIL) Commodity Channel Index (CCI) is -39.22, creating a Neutral signal.

FAQ

Is OIL a Buy, Hold, or Sell?
Based on OIL’s technical indicators, OIL is a Strong 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 -0.12, 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 3.85, which suggests OIL is a Sell.
            What is OIL’s 50-day moving average?
            OIL’s 50-day moving average is 4.15, 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 -39.22, which suggests OIL is a Neutral.