Stock Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
Permex Petroleum Corp (NASDAQ:OILCF)
Sidelines Mode (+55) - OILCF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 UP since Feb 16th, 2021 at 0.05140
The intermediate-term trend has been DOWN since May 14th, 2021 at 0.07250
The short-term trend has been UP since May 14th, 2021 at 0.09252
Smart Scan Analysis for OILCF
Based on our trend formula, OILCF is rated as a +55 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||0.145||52wk High Date||2021-03-19|
|52wk Low||0.02||52wk Low Date||2020-11-23|