Technical Analysis for TAO - TAG Oil Ltd.

Grade Last Price % Change Price Change
B 0.550 3.77% 0.020
TAO closed up 3.77 percent on Tuesday, April 23, 2024, on 28 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Inside Day Range Contraction 0.00%
Gapped Up Strength 0.00%
Bearish Engulfing Bearish 3.77%
Wide Range Bar Range Expansion 3.77%
Outside Day Range Expansion 3.77%
Wide Bands Range Expansion 3.77%
Wide Bands Range Expansion -3.51%
Boomer Buy Setup Bullish Swing Setup -1.79%
Pocket Pivot Bullish Swing Setup -1.79%
Calm After Storm Range Contraction -1.79%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 12 hours ago
Possible NR7 about 12 hours ago
Gap Up Partially Closed about 15 hours ago
Rose Above 10 DMA about 15 hours ago
Up 1 ATR about 15 hours ago

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Profile

TAG Oil Ltd. Description

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.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Mining Oil Oil And Gas Infrastructure New Zealand Oil And Gas Producer Zealandia

Is TAO 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 0.75
52 Week Low 0.34
Average Volume 165,281
200-Day Moving Average 0.507
50-Day Moving Average 0.486
20-Day Moving Average 0.519
10-Day Moving Average 0.555
Average True Range 0.030
RSI (14) 58.33
ADX 33.62
+DI 22.764
-DI 11.864
Chandelier Exit (Long, 3 ATRs) 0.499
Chandelier Exit (Short, 3 ATRs) 0.531
Upper Bollinger Bands 0.596
Lower Bollinger Band 0.441
Percent B (%b) 0.7
BandWidth 29.850
MACD Line 0.024
MACD Signal Line 0.023
MACD Histogram 0.0008
Fundamentals Value
Market Cap 50.42 Million
Num Shares 91.7 Million
EPS 0.08
Price-to-Earnings (P/E) Ratio 6.88
Price-to-Sales 2.56
Price-to-Book 0.67
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.595
Resistance 3 (R3) 0.597 0.583 0.588
Resistance 2 (R2) 0.583 0.572 0.583 0.585
Resistance 1 (R1) 0.567 0.565 0.575 0.565 0.582
Pivot Point 0.553 0.553 0.558 0.553 0.553
Support 1 (S1) 0.537 0.542 0.545 0.535 0.518
Support 2 (S2) 0.523 0.535 0.523 0.515
Support 3 (S3) 0.507 0.523 0.513
Support 4 (S4) 0.505