tiprankstipranks
Permex Petroleum Corporation (TSE:OIL)
:OIL
Canadian Market
Holding TSE:OIL?
Track your performance easily

Permex Petroleum Corporation (OIL) Technical Analysis

197 Followers

Summary of all the Indicators

Overall Consensus
Strong Buy
15Bullish
4Neutral
3Bearish
Technical Analysis Consensus
Neutral
3Bullish
4Neutral
3Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Permex Petroleum Corporation’s (OIL) Moving Averages Convergence Divergence (MACD) indicator is 0.27, suggesting Permex Petroleum Corporation is a Sell.
Permex Petroleum Corporation’s (OIL) 20-Day exponential moving average is 4.42, while Permex Petroleum Corporation’s (OIL) share price is C$5, making it a Buy.
Permex Petroleum Corporation’s (OIL) 50-Day exponential moving average is 4.05, while Permex Petroleum Corporation’s (OIL) share price is C$5, making it a Buy.

Permex Petroleum Corporation (OIL) Pivot Points

Jan 31, 2025, 02:21 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
3.62
3.93
4.47
4.78
5.32
5.63
6.17
Fibonacci
3.93
4.26
4.46
4.78
5.11
5.31
5.63
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

Jan 31, 2025, 02:21 PM
Period
Simple
Exponential
MA5
4.66Buy
4.75Buy
MA10
4.67Buy
4.63Buy
MA20
4.46Buy
4.42Buy
MA50
4.06Buy
4.05Buy
MA100
3.53Buy
4.01Buy
MA200
4.57Buy
4.57Buy
Permex Petroleum Corporation’s (OIL) 10-Day exponential moving average is 4.63, while Permex Petroleum Corporation’s (OIL) share price is C$5, making it a Buy.
Permex Petroleum Corporation’s (OIL) 100-Day exponential moving average is 4.01, while Permex Petroleum Corporation’s (OIL) share price is C$5, making it a Buy.
Permex Petroleum Corporation’s (OIL) stock price is C$5 and Permex Petroleum Corporation’s (OIL) 50-day simple moving average is 4.06, creating a Buy signal.
Permex Petroleum Corporation’s (OIL) stock price is C$5 and Permex Petroleum Corporation’s (OIL) 100-day simple moving average is 3.53, creating a Buy signal.
Permex Petroleum Corporation’s (OIL) stock price is C$5 and Permex Petroleum Corporation’s (OIL) 200-day simple moving average is 4.57, creating a Buy signal.

Permex Petroleum Corporation (OIL) Technical Indicators

Jan 31, 2025, 02:21 PM
Name
Value
Implied Action
RSI (14)
62.16
Neutral
STOCH (9,6)
60.00
Neutral
STOCHRSI (14)
64.64
Neutral
MACD (12,26)
0.27
Sell
ADX (14)
17.35
Buy
Williams %R
-8.93
Sell
CCI (14)
135.45
Sell
ATR (14)
0.32
-
Ultimate Oscillator
55.67
Neutral
ROC
21.95
Buy
Permex Petroleum Corporation’s (OIL) Relative Strength Index (RSI) is 62.16, creating a Neutral signal.
Permex Petroleum Corporation’s (OIL) Trend Strength Indicator (ADX) is 17.35, creating a Buy signal.
Permex Petroleum Corporation’s (OIL) Commodity Channel Index (CCI) is 135.45, creating a Sell signal.
Permex Petroleum Corporation’s (OIL) Price Rate of Change (ROC) is 21.95, creating a Buy signal.

FAQ

Is OIL a Buy, Hold, or Sell?
Based on OIL’s technical indicators, OIL is a Strong Buy.
    What is OIL’s RSI (14)?
    OIL’s RSI (14) is 62.16, which suggests OIL is a Neutral.
      What is OIL’s MACD?
      OIL’s MACD is 0.27, which suggests OIL is a Sell.
        What is OIL’s 5-day moving average?
        OIL’s 5-day moving average is 4.66, which suggests OIL is a Buy.
          What is OIL’s 20-day moving average?
          OIL 20-day moving average is 4.46, which suggests OIL is a Buy.
            What is OIL’s 50-day moving average?
            OIL’s 50-day moving average is 4.06, which suggests OIL is a Buy.
              What is OIL’s 200-day moving average?
              OIL’s 200-day moving average is 4.57, which suggests OIL is a Buy.
                What is OIL’s Williams % R (14)?
                OIL’s Williams % R (14) is -8.93, which suggests OIL is a Sell.
                  What is OIL’s CCI (14)?
                  OIL’s CCI (14) is 135.45, which suggests OIL is a Sell.
                    What am I Missing?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis