Tullow Oil Stock Forecast

Buy or Hold candidate since May 14, 2026 Loss -16.66%

The Tullow Oil plc stock price fell by -10.19% on the last day (Wednesday, 3rd Jun 2026) from $0.105 to $0.0939. During the last trading day the stock fluctuated 27.16% from a day low at $0.0810 to a day high of $0.103. The price has risen in 5 of the last 10 days but is still down by -17.53% for this period. Volume has increased on the last day by 55 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 $6.25 thousand.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 28.45% during the next 3 months and, with a 90% probability hold a price between $0.110 and $0.152 at the end of this 3-month period.

TUWOY Signals & Forecast

The Tullow Oil plc 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 $0.103. On a fall, the stock will find some support from the long-term average at approximately $0.0931. 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. 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 Tuesday, May 19, 2026, and so far it has fallen -17.53%. 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 $0.0916 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 $0.0220 between high and low, or 27.16%. For the last week, the stock has had daily average volatility of 32.85%.

Our recommended stop-loss: $0.0893 (-4.84%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (TUWOY) For The Upcoming Trading Day Of Thursday 4th

For the upcoming trading day on Thursday, 4th we expect Tullow Oil plc to open at $0.0926, and during the day (based on 14 day Average True Range), to move between $0.0836 and $0.104, which gives a possible trading interval of +/-$0.0204 (+/-24.42%) up or down from last closing price. If Tullow Oil plc takes out the full calculated possible swing range there will be an estimated 24.42% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.0939 (0.05%) than the support at $0.0916 (2.40%), 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.

Is Tullow Oil plc stock A Buy?

Tullow Oil plc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold candidate.

Current score: 0.417 Hold/Accumulate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $0.0926 ( 1.31%).

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