Technical Analysis for OBE - Obsidian Energy Ltd.

Grade Last Price % Change Price Change
A 12.280 2.25% 0.270
OBE closed up 1.87 percent on Thursday, April 25, 2024, on 1.41 times normal volume.
Earnings due: May 2
*** please verify all earnings dates ***
1 Watcher
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 2.25%
BB Squeeze Ended Range Expansion 2.25%
Up 3 Days in a Row Strength 2.25%
Gapped Down Weakness 2.25%
Bollinger Band Squeeze Range Contraction 4.16%
BB Squeeze Started Range Contraction 4.16%
Gapped Down Weakness 4.16%
Crossed Above 20 DMA Bullish 5.68%
New Uptrend Bullish 5.68%
Stochastic Buy Signal Bullish 5.68%

   Recent Intraday Alerts

Alert Time
Up 2% about 1 hour ago
Upper Bollinger Band Resistance about 3 hours ago
Gap Down Closed about 3 hours ago
Gap Down Partially Closed about 3 hours ago
Rose Above Previous Day's High about 3 hours ago

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Profile

Obsidian Energy Ltd, formerly Penn West Petroleum Ltd, is a Canada-based conventional oil and natural gas producer and development and production company. The Company operates a portfolio of opportunities with an oil position in the Cardium, Viking and Peace River areas of Alberta. The Alberta Viking area offers a mix of light-oil and gas with high-netback shorter cycle wells to complement longer cycle activities in the Cardium. The Cardium is concentrated on the low-decline and high-netback light-oil production. The Company is focused on an integrated waterflood approach in which it maintain reservoir pressure from the start of production to reduce decline rates on new wells. The Peace River operates in a crude oil resource industry.
Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Energy Oil Natural Gas Oil And Gas Petroleum Water Light Integrated Crude Oil Nature Petroleum Geology Cardium Oil Production Peace River Conventional Oil

Is OBE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 12.11
52 Week Low 7.05
Average Volume 146,048
200-Day Moving Average 9.989
50-Day Moving Average 10.561
20-Day Moving Average 11.525
10-Day Moving Average 11.493
Average True Range 0.317
RSI (14) 66.56
ADX 29.56
+DI 33.372
-DI 16.872
Chandelier Exit (Long, 3 ATRs) 11.160
Chandelier Exit (Short, 3 ATRs) 11.490
Upper Bollinger Bands 12.064
Lower Bollinger Band 10.986
Percent B (%b) 0.95
BandWidth 9.348
MACD Line 0.285
MACD Signal Line 0.319
MACD Histogram -0.0342
Fundamentals Value
Market Cap 882.89 Million
Num Shares 73.5 Million
EPS -4.96
Price-to-Earnings (P/E) Ratio -2.42
Price-to-Sales 0.13
Price-to-Book 0.13
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.610
Resistance 3 (R3) 12.560 12.310 12.510
Resistance 2 (R2) 12.310 12.157 12.335 12.477
Resistance 1 (R1) 12.160 12.063 12.235 12.210 12.443
Pivot Point 11.910 11.910 11.948 11.935 11.910
Support 1 (S1) 11.760 11.757 11.835 11.810 11.577
Support 2 (S2) 11.510 11.663 11.535 11.543
Support 3 (S3) 11.360 11.510 11.510
Support 4 (S4) 11.410