Technical Analysis for COPL - Canadian Overseas Petrol

Grade Last Price % Change Price Change
F 5.16 -1.68% -0.09
COPL closed unchanged on Thursday, March 23, 2023, on 19 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Mar 30
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness -1.68%
Lower Bollinger Band Touch Weakness -1.68%
Oversold Stochastic Weakness -1.68%
New 52 Week Closing Low Bearish -1.68%
Lower Bollinger Band Walk Weakness -1.68%
Stochastic Reached Oversold Weakness -1.68%
Down 3 Days in a Row Weakness -1.68%
Down 4 Days in a Row Weakness -1.68%
Lower Bollinger Band Touch Weakness -1.68%
Oversold Stochastic Weakness -1.68%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Lower Bollinger Band Support about 4 hours ago
Fell Below Previous Day's Low about 5 hours ago
Down 3% about 5 hours ago
Down 2% about 5 hours ago
Down 1% about 5 hours ago

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Profile

Canadian Overseas Petroleum Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of oil and natural gas offshore reserves in Africa. It holds 100% interest in the OPL 226 blocks located in the Niger Delta province, offshore Nigeria. The company was formerly known as Velo Energy Inc. and changed its name to Canadian Overseas Petroleum Limited in July 2010. Canadian Overseas Petroleum Limited is headquartered in Calgary, Canada.
Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Energy Oil Gas Natural Gas Offshore Petroleum Identification Oil Companies

Is COPL 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 34.4
52 Week Low 4.6001
Average Volume 7,492,898
200-Day Moving Average 13.82
50-Day Moving Average 8.85
20-Day Moving Average 5.88
10-Day Moving Average 5.67
Average True Range 0.76
RSI 29.08
ADX 37.58
+DI 15.93
-DI 24.72
Chandelier Exit (Long, 3 ATRs) 5.21
Chandelier Exit (Short, 3 ATRs) 7.39
Upper Bollinger Bands 6.57
Lower Bollinger Band 5.20
Percent B (%b) 0.04
BandWidth 23.23
MACD Line -0.82
MACD Signal Line -0.98
MACD Histogram 0.1534
Fundamentals Value
Market Cap 255.79 Million
Num Shares 4.87 Billion
EPS -0.20
Price-to-Earnings (P/E) Ratio -26.25
Price-to-Sales 0.00
Price-to-Book 10.26
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.14
Resistance 3 (R3) 6.18 5.94 5.99
Resistance 2 (R2) 5.94 5.71 5.91 5.94
Resistance 1 (R1) 5.59 5.57 5.47 5.55 5.89
Pivot Point 5.35 5.35 5.29 5.32 5.35
Support 1 (S1) 5.00 5.12 4.88 4.96 4.61
Support 2 (S2) 4.76 4.98 4.73 4.56
Support 3 (S3) 4.41 4.76 4.51
Support 4 (S4) 4.37