Free TOURMALINE OIL CORP. (08T.F) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Neutral Hold
Last Update / Period
25 Jan / Daily
Category/Currency
Stocks/EUR
Exchange/Country
XFRA/Germany

TOURMALINE OIL CORP. (08T.F) signal with technical analysis on 25 Jan

On 25 Jan, we conducted a comprehensive technical analysis of TOURMALINE OIL CORP. (08T.F), considering 256 signals with intricate details. Here are the key findings: 118 signals suggested buy strategies, while 36 indicated sell strategies. The remaining 102 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 34
Sell Signals: 2
Neutral Signals: 28
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 28
Sell Signals: 11
Neutral Signals: 25
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 24
Sell Signals: 15
Neutral Signals: 25
Result: This strategy leads to a Neutral position.

Strategy 4:
Buy Signals: 32
Sell Signals: 8
Neutral Signals: 24
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 118
Sell Signals: 36
Neutral Signals: 102
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your TOURMALINE OIL CORP. (08T.F) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for TOURMALINE OIL CORP. (08T.F) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

TOURMALINE OIL CORP. (08T.F) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

TOURMALINE OIL CORP. (08T.F) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of 4.16%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **TOURMALINE OIL CORP. (08T.F)** holdings.

TOURMALINE OIL CORP. (08T.F) Price Analysis and Resistance Levels:

Given our current long position in TOURMALINE OIL CORP. (08T.F), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (46.75): The primary hurdle is the 46.75 price level. If the prevailing trend remains unchanged, TOURMALINE OIL CORP. (08T.F) could break above this level, indicating its strength and potential for further growth.

Second resistance level (48.11): If the upward trend shows significant strength, TOURMALINE OIL CORP. (08T.F) may cross the second resistance level at 48.11, signaling a significant upside move and a promising direction for our position.

Third resistance level (50.48): For a more comprehensive analysis, we should consider a scenario where TOURMALINE OIL CORP. (08T.F) not only breaks the second resistance level but also holds its price above this benchmark. If this trend continues in the coming days, it could pave the way for TOURMALINE OIL CORP. (08T.F) to reach the third resistance level at 50.48.
It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading TOURMALINE OIL CORP. (08T.F), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

TOURMALINE OIL CORP. (08T.F) technical analysis chart

TOURMALINE OIL CORP. (08T.F) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 46.75 48.11 50.48 -- --
Support 40.512 40.25 35.955 35.649 33.988
 TOURMALINE OIL CORP. (08T.F) Support and Resistance area (25 Jan)

TOURMALINE OIL CORP. (08T.F) signals list for 25 Jan

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

TOURMALINE OIL CORP. (08T.F) candlestick patterns on 25 Jan

Today's TOURMALINE OIL CORP. (08T.F) Candle Patterns List:

TOURMALINE OIL CORP. (08T.F) technical analysis over the past days

# Date Overal Signals ALL Signals
1 24 Jan Hold HoldBuyNeutralHold
2 23 Jan Hold HoldNeutralHoldHold
3 22 Jan Buy BuyNeutralBuyHold
4 21 Jan Hold HoldNeutralNeutralHold
5 20 Jan Hold HoldHoldNeutralHold
6 17 Jan Neutral HoldSellHoldHold
7 16 Jan Sell SellNeutralHoldHold
8 15 Jan Hold NeutralHoldHoldHold
9 14 Jan Sell SellHoldHoldHold
10 13 Jan Hold HoldHoldHoldHold
11 10 Jan Hold HoldHoldHoldHold
12 09 Jan Hold HoldHoldHoldHold
13 08 Jan Hold HoldHoldHoldHold
14 07 Jan Hold HoldHoldHoldHold
15 06 Jan Hold HoldHoldHoldHold
16 03 Jan Hold HoldHoldHoldHold
17 02 Jan Buy HoldHoldBuyBuy
18 30 Dec Hold HoldHoldNeutralHold
19 27 Dec Buy BuyBuyNeutralHold
20 23 Dec Hold NeutralHoldHoldHold
21 20 Dec Hold HoldHoldHoldHold
22 19 Dec Hold HoldHoldHoldHold
23 18 Dec Hold HoldHoldHoldHold
24 17 Dec Sell SellHoldHoldHold
25 16 Dec Sell NeutralSellHoldHold
26 13 Dec Buy BuyNeutralHoldHold
27 12 Dec Hold NeutralHoldHoldHold
28 11 Dec Hold HoldHoldHoldHold
29 10 Dec Hold HoldHoldHoldHold
30 09 Dec Sell HoldHoldHoldSell

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