Tourmaline Oil Stock Forecast

Hold candidate since Jul 31, 2026

The Tourmaline Oil Corp. stock price fell by -0.706% on the last day (Friday, 31st Jul 2026) from $44.48 to $44.17. During the last trading day the stock fluctuated 2.05% from a day low at $43.73 to a day high of $44.63. The price has been going up and down for this period, and there has been a -0.88% loss for the last 2 weeks. Volume has increased on the last day by 374 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 5 thousand shares were bought and sold for approximately $200.66 thousand.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -11.11% during the next 3 months and, with a 90% probability hold a price between $34.98 and $40.60 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

TRMLF Signals & Forecast

The Tourmaline Oil Corp. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $45.21. On a fall, the stock will find some support from the long-term average at approximately $43.62. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, July 24, 2026, and so far it has fallen -4.27%. Further fall is indicated until a new bottom pivot has been found. Tourmaline Oil Corp. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The stock had a Golden Star Signal on Thursday, November 20, 2025 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Tourmaline Oil Corp. stock

Tourmaline Oil Corp. finds support from accumulated volume at $43.74 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.90 between high and low, or 2.05%. For the last week, the stock has had daily average volatility of 2.99%.

Our recommended stop-loss: $42.33 (-4.16%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (TRMLF) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Tourmaline Oil Corp. to open at $44.18, and during the day (based on 14 day Average True Range), to move between $43.59 and $44.75, which gives a possible trading interval of +/-$1.17 (+/-2.68%) up or down from last closing price. If Tourmaline Oil Corp. takes out the full calculated possible swing range there will be an estimated 2.68% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $44.38 (0.48%) than the support at $43.74 (0.97%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Dividend Warning For TRMLF

Dividend coming up for TRMLF: Ex-dividend date (Tuesday 15th September, 2026) is 43 days away. The dividend is $0.360.

Is Tourmaline Oil Corp. stock A Buy?

Tourmaline Oil Corp. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold candidate.

Current score: 0.341 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $44.18 ( 0.0113%).

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