Permex Petroleum Corporation (TSE:OIL)
CNQX:OIL
Holding TSE:OIL?
Track your performance easily

Permex Petroleum Corporation (OIL) Technical Analysis

157 Followers

Summary of all the Indicators

Overall Consensus
Sell
7Bullish
1Neutral
14Bearish
Technical Analysis Consensus
Buy
6Bullish
1Neutral
3Bearish
Moving Average Consensus
Strong Sell
1Bullish
0Neutral
11Bearish
Permex Petroleum Corporation’s (OIL) Moving Averages Convergence Divergence (MACD) indicator is -0.71, suggesting Permex Petroleum Corporation is a Buy.
Permex Petroleum Corporation’s (OIL) 20-Day exponential moving average is 4.38, while Permex Petroleum Corporation’s (OIL) share price is C$3, making it a Sell.
Permex Petroleum Corporation’s (OIL) 50-Day exponential moving average is 5.03, while Permex Petroleum Corporation’s (OIL) share price is C$3, making it a Sell.

Permex Petroleum Corporation (OIL) Pivot Points

Sep 20, 2024, 06:01 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
2.07
2.33
2.47
2.73
2.87
3.13
3.27
Fibonacci
2.33
2.49
2.58
2.73
2.89
2.98
3.13
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

Sep 20, 2024, 06:01 AM
Period
Simple
Exponential
MA5
2.93Buy
3.12Sell
MA10
3.98Sell
3.71Sell
MA20
4.79Sell
4.38Sell
MA50
5.28Sell
5.03Sell
MA100
5.44Sell
5.32Sell
MA200
5.41Sell
5.63Sell
Permex Petroleum Corporation’s (OIL) 10-Day exponential moving average is 3.71, while Permex Petroleum Corporation’s (OIL) share price is C$3, making it a Sell.
Permex Petroleum Corporation’s (OIL) 100-Day exponential moving average is 5.32, while Permex Petroleum Corporation’s (OIL) share price is C$3, making it a Sell.
Permex Petroleum Corporation’s (OIL) stock price is C$3 and Permex Petroleum Corporation’s (OIL) 50-day simple moving average is 5.28, creating a Sell signal.
Permex Petroleum Corporation’s (OIL) stock price is C$3 and Permex Petroleum Corporation’s (OIL) 100-day simple moving average is 5.44, creating a Sell signal.
Permex Petroleum Corporation’s (OIL) stock price is C$3 and Permex Petroleum Corporation’s (OIL) 200-day simple moving average is 5.41, creating a Sell signal.

Permex Petroleum Corporation (OIL) Technical Indicators

Sep 20, 2024, 06:01 AM
Name
Value
Implied Action
RSI (14)
15.65
Buy
STOCH (9,6)
4.44
Buy
STOCHRSI (14)
4.44
Buy
MACD (12,26)
-0.71
Buy
ADX (14)
48.52
Neutral
Williams %R
-86.67
Buy
CCI (14)
-120.07
Buy
ATR (14)
0.30
-
Ultimate Oscillator
27.46
Sell
ROC
-46.43
Sell
Permex Petroleum Corporation’s (OIL) Relative Strength Index (RSI) is 15.65, creating a Buy signal.
Permex Petroleum Corporation’s (OIL) Trend Strength Indicator (ADX) is 48.52, creating a Neutral signal.
Permex Petroleum Corporation’s (OIL) Commodity Channel Index (CCI) is -120.07, creating a Buy signal.
Permex Petroleum Corporation’s (OIL) Price Rate of Change (ROC) is -46.43, creating a Sell 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 15.65, which suggests OIL is a Buy.
      What is OIL’s MACD?
      OIL’s MACD is -0.71, which suggests OIL is a Buy.
        What is OIL’s 5-day moving average?
        OIL’s 5-day moving average is 2.93, which suggests OIL is a Buy.
          What is OIL’s 20-day moving average?
          OIL 20-day moving average is 4.79, which suggests OIL is a Sell.
            What is OIL’s 50-day moving average?
            OIL’s 50-day moving average is 5.28, which suggests OIL is a Sell.
              What is OIL’s 200-day moving average?
              OIL’s 200-day moving average is 5.41, which suggests OIL is a Sell.
                What is OIL’s Williams % R (14)?
                OIL’s Williams % R (14) is -86.67, which suggests OIL is a Buy.
                  What is OIL’s CCI (14)?
                  OIL’s CCI (14) is -120.07, which suggests OIL is a Buy.
                    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