Technical Analysis for TAO - TAG Oil Ltd.

Grade Last Price % Change Price Change
grade D 0.34 3.03% 0.010
TAO closed up 3.03 percent on Friday, January 18, 2019, on 8 percent of normal volume. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical TAO trend table...

Date Alert Name Type % Chg
Jan 18 50 DMA Resistance Bearish 0.00%
Jan 18 Shooting Star Candlestick Bearish 0.00%
Jan 18 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Jan 18 Crossed Above 20 DMA Bullish 0.00%
Jan 18 Doji - Bearish? Reversal 0.00%
Jan 17 20 DMA Resistance Bearish 3.03%
Jan 17 50 DMA Resistance Bearish 3.03%
Jan 17 Shooting Star Candlestick Bearish 3.03%
Jan 17 Doji - Bearish? Reversal 3.03%
Jan 16 20 DMA Resistance Bearish 6.25%

Older signals for TAO ...

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

Profile
TAG Oil Ltd. (TAG) is an oil and gas producer and explorer with operations and production infrastructure in the Taranaki Basin of New Zealand. The Company's property, Taranaki Basin, is an oil, gas and condensate rich area located on the North Island of New Zealand. The Taranaki Basin covers an area of approximately 100,000 square kilometers. Within the Taranaki Basin, the Company holds various working interests, including approximately 100% interest in the Cheal PMP 38156 and the Sidewinder PMP 53803 mining permits; approximately 100% interest in PEP 55769 (Sidewinder East) and PEP 57065 (Sidewinder North) exploration permits; approximately 100% interest in PEP 57063 (Waiiti) exploration permit; over 70% interest in the Cheal North East PEP 54877 exploration permit; approximately 50% interest in the Cheal South PEP 54879 exploration permit, and over 70% interest in PEP 51153 (Puka) exploration permit.
Is TAO a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 0.54
52 Week Low 0.31
Average Volume 154,780
200-Day Moving Average 0.3841
50-Day Moving Average 0.3438
20-Day Moving Average 0.3398
10-Day Moving Average 0.344
Average True Range 0.0162
ADX 15.41
+DI 21.0526
-DI 26.5812
Chandelier Exit (Long, 3 ATRs ) 0.3214
Chandelier Exit (Short, 3 ATRs ) 0.3586
Upper Bollinger Band 0.366
Lower Bollinger Band 0.3136
Percent B (%b) 0.5
BandWidth 15.420836
MACD Line -0.0028
MACD Signal Line -0.0017
MACD Histogram -0.0011
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.355
Resistance 3 (R3) 0.357 0.353 0.353
Resistance 2 (R2) 0.353 0.350 0.353 0.352
Resistance 1 (R1) 0.347 0.347 0.345 0.345 0.351
Pivot Point 0.343 0.343 0.343 0.343 0.343
Support 1 (S1) 0.337 0.340 0.335 0.335 0.329
Support 2 (S2) 0.333 0.337 0.333 0.328
Support 3 (S3) 0.327 0.333 0.328
Support 4 (S4) 0.325