Tullow Oil Stock Forecast

Sell candidate since Jun 23, 2026

The Tullow Oil plc stock price fell by -6.70% on the last day (Tuesday, 23rd Jun 2026) from $0.0836 to $0.0780. During the last trading day the stock fluctuated 17.14% from a day low at $0.0741 to a day high of $0.0868. The price has fallen in 6 of the last 10 days and is down by -16.36% for this period. Volume has increased on the last day by 31 thousand 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, 67 thousand shares were bought and sold for approximately $5.23 thousand.

Given the current short-term trend, the stock is expected to rise 17.47% during the next 3 months and, with a 90% probability hold a price between $0.0916 and $0.141 at the end of this 3-month period.

TUWOY Signals & Forecast

There are few to no technical positive signals at the moment. The Tullow Oil plc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.0856 and $0.0972. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 19, 2026, and so far it has fallen -31.50%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Tullow Oil plc 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 very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Tullow Oil plc stock

Tullow Oil plc finds support from accumulated volume at $0.0778 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.0127 between high and low, or 17.14%. For the last week, the stock has had daily average volatility of 21.63%.

Tullow Oil plc is oversold on RSI14 (22). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TUWOY) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Tullow Oil plc to open at $0.0796, and during the day (based on 14 day Average True Range), to move between $0.0688 and $0.0871, which gives a possible trading interval of +/-$0.0182 (+/-26.48%) up or down from last closing price. If Tullow Oil plc takes out the full calculated possible swing range there will be an estimated 26.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0778 (0.19%) than the resistance at $0.0794 (1.83%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Tullow Oil plc stock A Buy?

The Tullow Oil plc stock holds several negative signals and despite the positive trend, we believe Tullow Oil plc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Sell candidate.

Current score: -3.328 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on June 24, 2026 - $0.0796 ( 2.14%).

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