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Permex Petroleum Corporation (TSE:OIL)
CNQX:OIL

Permex Petroleum Corporation (OIL) Technical Analysis

133 Followers

Summary of all the Indicators

Overall Consensus
Sell
7Bullish
1Neutral
11Bearish
Technical Analysis Consensus
Neutral
3Bullish
1Neutral
3Bearish
Moving Average Consensus
Sell
4Bullish
0Neutral
8Bearish
Permex Petroleum Corporation’s (OIL) Moving Averages Convergence Divergence (MACD) indicator is >-0.01, suggesting Permex Petroleum Corporation is a Buy.
Permex Petroleum Corporation’s (OIL) 20-Day exponential moving average is 5.61, while Permex Petroleum Corporation’s (OIL) share price is C$5.6, making it a Sell.
Permex Petroleum Corporation’s (OIL) 50-Day exponential moving average is 5.60, while Permex Petroleum Corporation’s (OIL) share price is C$5.6, making it a Buy.

Permex Petroleum Corporation (OIL) Pivot Points

May 20, 2024, 11:55 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
5.43
5.47
5.53
5.57
5.63
5.67
5.73
Fibonacci
5.47
5.50
5.53
5.57
5.60
5.63
5.67
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

May 20, 2024, 11:55 PM
Period
Simple
Exponential
MA5
5.60Buy
5.60Sell
MA10
5.60Sell
5.60Sell
MA20
5.60Buy
5.61Sell
MA50
5.66Sell
5.60Buy
MA100
5.58Buy
5.82Sell
MA200
6.83Sell
7.26Sell
Permex Petroleum Corporation’s (OIL) 10-Day exponential moving average is 5.60, while Permex Petroleum Corporation’s (OIL) share price is C$5.6, making it a Sell.
Permex Petroleum Corporation’s (OIL) 100-Day exponential moving average is 5.82, while Permex Petroleum Corporation’s (OIL) share price is C$5.6, making it a Sell.
Permex Petroleum Corporation’s (OIL) stock price is C$5.6 and Permex Petroleum Corporation’s (OIL) 50-day simple moving average is 5.66, creating a Sell signal.
Permex Petroleum Corporation’s (OIL) stock price is C$5.6 and Permex Petroleum Corporation’s (OIL) 100-day simple moving average is 5.58, creating a Buy signal.
Permex Petroleum Corporation’s (OIL) stock price is C$5.6 and Permex Petroleum Corporation’s (OIL) 200-day simple moving average is 6.83, creating a Sell signal.

Permex Petroleum Corporation (OIL) Technical Indicators

May 20, 2024, 11:55 PM
Name
Value
Implied Action
RSI (14)
49.11
Neutral
STOCH (9,6)
100.00
Sell
STOCHRSI (14)
100.00
Sell
MACD (12,26)
>-0.01
Buy
ADX (14)
13.95
Buy
Williams %R
0.00
-
CCI (14)
0.00
-
ATR (14)
0.15
-
Ultimate Oscillator
97.90
Buy
ROC
0.00
-
Permex Petroleum Corporation’s (OIL) Relative Strength Index (RSI) is 49.11, creating a Neutral signal.
Permex Petroleum Corporation’s (OIL) Trend Strength Indicator (ADX) is 13.95, 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 49.11, which suggests OIL is a Neutral.
      What is OIL’s MACD?
      OIL’s MACD is >-0.01, which suggests OIL is a Buy.
        What is OIL’s 5-day moving average?
        OIL’s 5-day moving average is 5.60, which suggests OIL is a Buy.
          What is OIL’s 20-day moving average?
          OIL 20-day moving average is 5.60, which suggests OIL is a Buy.
            What is OIL’s 50-day moving average?
            OIL’s 50-day moving average is 5.66, which suggests OIL is a Sell.
              What is OIL’s 200-day moving average?
              OIL’s 200-day moving average is 6.83, which suggests OIL is a Sell.
                What is OIL’s Williams % R (14)?
                Currently, no data Available
                What is OIL’s CCI (14)?
                Currently, no data Available
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