Technical Analysis for OBE - Obsidian Energy Ltd.

Grade Last Price % Change Price Change
F 7.870 -1.01% -0.080
OBE closed down 1.01 percent on Tuesday, November 19, 2024, on 88 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Gapped Down Weakness 0.00%
20 DMA Resistance Bearish -1.01%
50 DMA Resistance Bearish -1.01%
NR7 Range Contraction -1.01%
Gapped Down Weakness 1.55%
20 DMA Resistance Bearish -0.51%
Slingshot Bearish Bearish Swing Setup -0.51%
NR7 Range Contraction -0.51%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 10 hours ago
Gap Down Partially Closed about 13 hours ago
Gapped Down (Partial) about 14 hours ago
Fell Below Previous Day's Low about 14 hours ago
Down 2% about 14 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 Crude Oil Integrated 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 12.37
52 Week Low 7.32
Average Volume 235,521
200-Day Moving Average 9.585
50-Day Moving Average 8.025
20-Day Moving Average 8.004
10-Day Moving Average 8.002
Average True Range 0.336
RSI (14) 46.81
ADX 12.46
+DI 23.139
-DI 26.977
Chandelier Exit (Long, 3 ATRs) 7.833
Chandelier Exit (Short, 3 ATRs) 8.327
Upper Bollinger Bands 8.577
Lower Bollinger Band 7.431
Percent B (%b) 0.38
BandWidth 14.313
MACD Line -0.083
MACD Signal Line -0.063
MACD Histogram -0.0208
Fundamentals Value
Market Cap 578.54 Million
Num Shares 73.5 Million
EPS -4.96
Price-to-Earnings (P/E) Ratio -1.59
Price-to-Sales 0.13
Price-to-Book 0.13
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.125
Resistance 3 (R3) 8.113 8.017 8.083
Resistance 2 (R2) 8.017 7.952 8.023 8.068
Resistance 1 (R1) 7.943 7.912 7.980 7.955 8.054
Pivot Point 7.847 7.847 7.865 7.853 7.847
Support 1 (S1) 7.773 7.782 7.810 7.785 7.686
Support 2 (S2) 7.677 7.742 7.683 7.672
Support 3 (S3) 7.603 7.677 7.658
Support 4 (S4) 7.615