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Permex Petroleum Corporation (TSE:OIL)
CNQX:OIL
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Permex Petroleum Corporation (OIL) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Buy
12Bullish
1Neutral
9Bearish
Technical Analysis Consensus
Strong Sell
2Bullish
1Neutral
7Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
Permex Petroleum Corporation’s (OIL) Moving Averages Convergence Divergence (MACD) indicator is 0.10, suggesting Permex Petroleum Corporation is a Sell.
Permex Petroleum Corporation’s (OIL) 20-Day exponential moving average is 2.83, while Permex Petroleum Corporation’s (OIL) share price is C$4.4, making it a Buy.
Permex Petroleum Corporation’s (OIL) 50-Day exponential moving average is 3.19, while Permex Petroleum Corporation’s (OIL) share price is C$4.4, making it a Buy.

Permex Petroleum Corporation (OIL) Pivot Points

Nov 22, 2024, 03:21 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
2.33
2.77
3.53
3.97
4.73
5.17
5.93
Fibonacci
2.77
3.23
3.51
3.97
4.43
4.71
5.17
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

Nov 22, 2024, 03:21 AM
Period
Simple
Exponential
MA5
3.21Buy
3.51Buy
MA10
2.70Buy
3.04Buy
MA20
2.59Buy
2.83Buy
MA50
2.96Buy
3.19Buy
MA100
4.28Buy
3.86Buy
MA200
4.88Sell
4.46Sell
Permex Petroleum Corporation’s (OIL) 10-Day exponential moving average is 3.04, while Permex Petroleum Corporation’s (OIL) share price is C$4.4, making it a Buy.
Permex Petroleum Corporation’s (OIL) 100-Day exponential moving average is 3.86, while Permex Petroleum Corporation’s (OIL) share price is C$4.4, making it a Buy.
Permex Petroleum Corporation’s (OIL) stock price is C$4.4 and Permex Petroleum Corporation’s (OIL) 50-day simple moving average is 2.96, creating a Buy signal.
Permex Petroleum Corporation’s (OIL) stock price is C$4.4 and Permex Petroleum Corporation’s (OIL) 100-day simple moving average is 4.28, creating a Buy signal.
Permex Petroleum Corporation’s (OIL) stock price is C$4.4 and Permex Petroleum Corporation’s (OIL) 200-day simple moving average is 4.88, creating a Sell signal.

Permex Petroleum Corporation (OIL) Technical Indicators

Nov 22, 2024, 03:21 AM
Name
Value
Implied Action
RSI (14)
80.91
Sell
STOCH (9,6)
97.16
Sell
STOCHRSI (14)
97.16
Sell
MACD (12,26)
0.10
Sell
ADX (14)
61.89
Sell
Williams %R
-4.17
Sell
CCI (14)
330.07
Sell
ATR (14)
0.27
-
Ultimate Oscillator
66.55
Neutral
ROC
83.33
Buy
Permex Petroleum Corporation’s (OIL) Relative Strength Index (RSI) is 80.91, creating a Sell signal.
Permex Petroleum Corporation’s (OIL) Trend Strength Indicator (ADX) is 61.89, creating a Sell signal.
Permex Petroleum Corporation’s (OIL) Commodity Channel Index (CCI) is 330.07, creating a Sell signal.
Permex Petroleum Corporation’s (OIL) Price Rate of Change (ROC) is 83.33, creating a Buy signal.

FAQ

Is OIL a Buy, Hold, or Sell?
Based on OIL’s technical indicators, OIL is a Buy.
    What is OIL’s RSI (14)?
    OIL’s RSI (14) is 80.91, which suggests OIL is a Sell.
      What is OIL’s MACD?
      OIL’s MACD is 0.10, which suggests OIL is a Sell.
        What is OIL’s 5-day moving average?
        OIL’s 5-day moving average is 3.21, which suggests OIL is a Buy.
          What is OIL’s 20-day moving average?
          OIL 20-day moving average is 2.59, which suggests OIL is a Buy.
            What is OIL’s 50-day moving average?
            OIL’s 50-day moving average is 2.96, which suggests OIL is a Buy.
              What is OIL’s 200-day moving average?
              OIL’s 200-day moving average is 4.88, which suggests OIL is a Sell.
                What is OIL’s Williams % R (14)?
                OIL’s Williams % R (14) is -4.17, which suggests OIL is a Sell.
                  What is OIL’s CCI (14)?
                  OIL’s CCI (14) is 330.07, which suggests OIL is a Sell.
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