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Stock Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
OIL REFRINERIES LTD ORD (NASDAQ:OILRF)
Long-Term Downtrend (-90) - OILRF is in a strong downtrend that is likely to continue. While OILRF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid OILRF?
MarketClub looks at technical strength and momentum to determine if the timing is right for OILRF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OILRF
The long-term trend has been DOWN since Apr 10th, 2024 at 0.30
The intermediate-term trend has been DOWN since Mar 15th, 2024 at 0.35
The short-term trend has been DOWN since Mar 15th, 2024 at 0.35
Smart Scan Analysis for OILRF
Based on our trend formula, OILRF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.3461 | 0.3500 | 0.2800 | 0.3500 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.3500 | 15860 | 2024-05-06 15:38:00 |
| 52wk High | 0.45 | 52wk High Date | 2024-02-08 |
| 52wk Low | 0.2 | 52wk Low Date | 2023-10-26 |
| Average Volume | 9,984 |