Technical Analysis for TNP - TransAtlantic Petroleum Ltd.

Grade Last Price % Change Price Change
grade D 0.35 -10.26% -0.040
TNP closed down 10.26 percent on Tuesday, June 30, 2020, on 3 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Down
Historical TNP trend table...

Date Alert Name Type % Chg
1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 20 DMA Bearish -10.26%
MACD Bearish Signal Line Cross Bearish -10.26%

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Profile

TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in approximately 880,000 and 567,000 net acres of developed and undeveloped oil and natural gas properties in Turkey and Bulgaria, respectively. The Company holds interests in over 20 onshore and offshore exploration licenses and approximately 25 onshore production leases covering a total of over 1.4 million gross acres in Turkey. All of its oil production is concentrated in southeastern Turkey, primarily in the Arpatepe, Bahar, Goksu and Selmo oil fields, and its natural gas production is concentrated in the Thrace Basin, which is located in northwestern Turkey near Istanbul. The Company holds interests in an onshore exploration license and an onshore production concession covering a total of approximately 567,110 acres in Bulgaria.
Natural Gas Oil Natural Gas Properties Oil Fields Natural Gas Production Oil Production

Is TNP 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 1.4
52 Week Low 0.18
Average Volume 18,828
200-Day Moving Average 0.586
50-Day Moving Average 0.345
20-Day Moving Average 0.391
10-Day Moving Average 0.409
Average True Range 0.069
ADX 34.43
+DI 47.229
-DI 23.728
Chandelier Exit (Long, 3 ATRs ) 0.542
Chandelier Exit (Short, 3 ATRs ) 0.508
Upper Bollinger Band 0.536
Lower Bollinger Band 0.245
Percent B (%b) 0.36
BandWidth 74.725
MACD Line 0.015
MACD Signal Line 0.022
MACD Histogram -0.007
Fundamentals Value
Market Cap 16.58 Million
Num Shares 47.4 Million
EPS -0.20
Price-to-Earnings (P/E) Ratio -1.75
Price-to-Sales 0.74
Price-to-Book 1.02
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.350
Resistance 3 (R3) 0.350 0.350 0.350
Resistance 2 (R2) 0.350 0.350 0.350 0.350
Resistance 1 (R1) 0.350 0.350 0.350 0.350 0.350
Pivot Point 0.350 0.350 0.350 0.350 0.350
Support 1 (S1) 0.350 0.350 0.350 0.350 0.350
Support 2 (S2) 0.350 0.350 0.350 0.350
Support 3 (S3) 0.350 0.350 0.350
Support 4 (S4) 0.350