Stock Trend Analysis Report
Prepared for you on Sunday, August 14, 2022.
PERMEX PETROLEUM CORP (NASDAQ:OILCF)
Crossroads (+60) - OILCF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OILCF?
MarketClub looks at technical strength and momentum to determine if the timing is right for OILCF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OILCF
The long-term trend has been DOWN since May 12th, 2022 at 0.12100
The intermediate-term trend has been UP since Aug 9th, 2022 at 0.12000
The short-term trend has been UP since Aug 8th, 2022 at 0.11168
Smart Scan Analysis for OILCF
Based on our trend formula, OILCF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.3026||Year High Date||2018-09-20|
|Year Low||0.1559||Year Low Date||2018-11-28|
|52wk High||0.3812||52wk High Date||2021-10-29|
|52wk Low||0.0547||52wk Low Date||2021-08-25|