Stock Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
Tourmaline Oil Corp (TSE:TOU)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for TOU
The long term trend has been UP since Dec 20th, 2019 at 15.115
The intermediate term trend has been DOWN since Jan 17th, 2020 at 14.810
The short term trend has been DOWN since Jan 9th, 2020 at 15.400
Smart Scan Analysis for TOU
Based on a pre-defined weighted trend formula for chart analysis, TOU scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||26.19||Year High Date||2018-05-22|
|Year Low||17.78||Year Low Date||2018-02-09|
|52wk High||26.19||52wk High Date||2018-05-22|
|52wk Low||17.78||52wk Low Date||2018-02-09|
|Year End Close||31.23||Average Volume||789,202|