Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
PERMEX PETROLEUM CORP (NASDAQ:OILCF)
Countertrend Up (+85) - OILCF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Sep 13th, 2021 at 0.1089
The intermediate-term trend has been UP since Sep 10th, 2021 at 0.0999
The short-term trend has been DOWN since Oct 14th, 2021 at 0.2040
Smart Scan Analysis for OILCF
Based on our trend formula, OILCF is rated as a +85 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||0.26575||52wk High Date||2021-10-08|
|52wk Low||0.02||52wk Low Date||2020-11-23|