Technical Analysis for OBE - Obsidian Energy Ltd.

Grade Last Price % Change Price Change
grade F 0.495 1.02% 0.01
OBE closed up 1.02 percent on Wednesday, January 16, 2019, on 73 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

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

Date Alert Name Type % Chg
Jan 16 Hammer Candlestick Bullish 0.00%
Jan 16 MACD Bullish Centerline Cross Bullish 0.00%
Jan 16 Pocket Pivot Bullish Swing Setup 0.00%
Jan 16 Wide Bands Range Expansion 0.00%
Jan 15 Doji - Bullish? Reversal 1.02%
Jan 15 Wide Bands Range Expansion 1.02%
Jan 14 Wide Bands Range Expansion 3.13%
Jan 11 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.94%
Jan 11 Narrow Range Bar Range Contraction -2.94%
Jan 11 NR7 Range Contraction -2.94%

Older signals for OBE ...

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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.
Is OBE 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 1.24
52 Week Low 0.328
Average Volume 1,186,244
200-Day Moving Average 0.9019
50-Day Moving Average 0.5064
20-Day Moving Average 0.4414
10-Day Moving Average 0.4976
Average True Range 0.0392
ADX 23.47
+DI 21.632
-DI 23.7495
Chandelier Exit (Long, 3 ATRs ) 0.4324
Chandelier Exit (Short, 3 ATRs ) 0.4456
Upper Bollinger Band 0.5644
Lower Bollinger Band 0.3184
Percent B (%b) 0.72
BandWidth 55.731763
MACD Line 0.0007
MACD Signal Line -0.0125
MACD Histogram 0.0132
Fundamentals Value
Market Cap 249.59 Million
Num Shares 504 Million
EPS -0.73
Price-to-Earnings (P/E) Ratio -0.68
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.55
Resistance 3 (R3) 0.54 0.52 0.54
Resistance 2 (R2) 0.52 0.51 0.52 0.53
Resistance 1 (R1) 0.51 0.50 0.51 0.51 0.53
Pivot Point 0.49 0.49 0.49 0.49 0.49
Support 1 (S1) 0.47 0.47 0.48 0.48 0.46
Support 2 (S2) 0.45 0.47 0.46 0.46
Support 3 (S3) 0.44 0.45 0.45
Support 4 (S4) 0.44