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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
Sell
5Bullish
5Neutral
12Bearish
Technical Analysis Consensus
Neutral
3Bullish
5Neutral
2Bearish
Moving Average Consensus
Strong Sell
2Bullish
0Neutral
10Bearish
Permex Petroleum Corporation’s (OIL) Moving Averages Convergence Divergence (MACD) indicator is -0.04, suggesting Permex Petroleum Corporation is a Buy.
Permex Petroleum Corporation’s (OIL) 20-Day exponential moving average is 4.30, 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 4.16, while Permex Petroleum Corporation’s (OIL) share price is C$4, making it a Sell.

Permex Petroleum Corporation (OIL) Pivot Points

Feb 22, 2025, 04:09 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
3.97
4.03
4.07
4.13
4.17
4.23
4.27
Fibonacci
4.03
4.07
4.10
4.13
4.17
4.20
4.23
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 22, 2025, 04:09 PM
Period
Simple
Exponential
MA5
4.16Sell
4.15Sell
MA10
4.22Sell
4.22Sell
MA20
4.42Sell
4.30Sell
MA50
4.11Sell
4.16Sell
MA100
3.63Buy
4.10Buy
MA200
4.47Sell
4.56Sell
Permex Petroleum Corporation’s (OIL) 10-Day exponential moving average is 4.22, 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 4.10, while Permex Petroleum Corporation’s (OIL) share price is C$4, making it a Buy.
Permex Petroleum Corporation’s (OIL) stock price is C$4 and Permex Petroleum Corporation’s (OIL) 50-day simple moving average is 4.11, 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 3.63, creating a Buy signal.
Permex Petroleum Corporation’s (OIL) stock price is C$4 and Permex Petroleum Corporation’s (OIL) 200-day simple moving average is 4.47, creating a Sell signal.

Permex Petroleum Corporation (OIL) Technical Indicators

Feb 22, 2025, 04:09 PM
Name
Value
Implied Action
RSI (14)
45.26
Neutral
STOCH (9,6)
42.38
Neutral
STOCHRSI (14)
29.88
Neutral
MACD (12,26)
-0.04
Buy
ADX (14)
14.02
Buy
Williams %R
-72.95
Buy
CCI (14)
-81.68
Neutral
ATR (14)
0.27
-
Ultimate Oscillator
43.71
Neutral
ROC
-18.00
Sell
Permex Petroleum Corporation’s (OIL) Relative Strength Index (RSI) is 45.26, creating a Neutral signal.
Permex Petroleum Corporation’s (OIL) Trend Strength Indicator (ADX) is 14.02, creating a Buy signal.
Permex Petroleum Corporation’s (OIL) Commodity Channel Index (CCI) is -81.68, creating a Neutral signal.
Permex Petroleum Corporation’s (OIL) Price Rate of Change (ROC) is -18.00, 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 45.26, which suggests OIL is a Neutral.
      What is OIL’s MACD?
      OIL’s MACD is -0.04, which suggests OIL is a Buy.
        What is OIL’s 5-day moving average?
        OIL’s 5-day moving average is 4.16, which suggests OIL is a Sell.
          What is OIL’s 20-day moving average?
          OIL 20-day moving average is 4.42, which suggests OIL is a Sell.
            What is OIL’s 50-day moving average?
            OIL’s 50-day moving average is 4.11, which suggests OIL is a Sell.
              What is OIL’s 200-day moving average?
              OIL’s 200-day moving average is 4.47, which suggests OIL is a Sell.
                What is OIL’s Williams % R (14)?
                OIL’s Williams % R (14) is -72.95, which suggests OIL is a Buy.
                  What is OIL’s CCI (14)?
                  OIL’s CCI (14) is -81.68, which suggests OIL is a Neutral.
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