Energy
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Oil & Gas Midstream
PAA finished the week at $24.60, just 1.1% below its 52-week high, but the advance is still short of full participation confirmation.
Energy
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Oil & Gas E&P
Canadian Natural Resources has regained momentum into late July, but the move is arriving on lighter participation and without a fresh activity-pressure signal.
Energy
·
Oil & Gas E&P
Woodside Energy closed at $22.56 after a 3.9% week and a 19.1% four-week recovery, but negative activity pressure and 0.9x volume keep the setup in balanced territory.
Energy
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Oil & Gas Integrated
TotalEnergies closed at $86.80 after a 6.6% weekly gain, with volume 1.6 times its 13-week average and price back above the weekly Trend Line. The Sharemaestro read is constructive but not clean, as activity pressure remains negative and a
Energy
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Oil & Gas Refining & Marketing
The refiner slipped 2.3% for the week, but the broader four-week move, active Market Dynamics and a 30% premium to the Trend Line keep the weekly structure constructive, with participation still the missing confirmation.
Energy
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Oil & Gas Integrated
The Petrobras ADR is back above its weekly Trend Line after a sharp four-week recovery, but negative activity pressure and below-average turnover keep the setup balanced rather than decisive.
Energy
·
Oil & Gas Integrated
The Colombian integrated oil ADR slipped 0.5% for the week, lagging a strong US Oil & Gas Integrated group, but its 15.0% 12-week gain and active Sharemaestro Trend Signal keep the broader setup constructive.
Energy
·
Oil & Gas E&P
Diamondback Energy finished the week at $204.70, within 4.1% of its 52-week high, but the move came on 0.8x volume and with Market Dynamics still short of confirmation.
Energy
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Oil & Gas Midstream
WES beat its midstream peer set over one, four and 12 weeks, but the advance came on just 0.5x normal volume as Market Dynamics cooled.
Energy
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Oil & Gas Midstream
VG’s rebound has price, trend and relative strength aligned, but average volume and negative activity pressure keep the weekly setup balanced rather than fully confirmed.
Energy
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Oil & Gas E&P
OVV closed at $57.79 after a 4.1% week, with its Trend Signal still active and relative strength improving, but negative activity pressure and only modest volume keep the setup balanced.
Energy
·
Oil & Gas Integrated
Suncor gained 5.4% for the week and 12.8% over four weeks, yet the weekly read remains balanced as activity pressure stays negative and participation sits only in line with recent norms.
Energy
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Oil & Gas Refining & Marketing
PSX closed at $206.9, almost level with its 52-week high, after a 9.8% week and a 24.5% four-week advance. The weekly Trend Signal remains active, but participation is only modest and the Fair Value gap is wide.
Energy
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Oil & Gas E&P
EOG Resources closed at $139.90, above trend and Fair Value, but the latest advance still lacks strong volume and Market Dynamics confirmation.
Energy
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Oil & Gas Integrated
EQNR rallied on average participation and regained a stronger position above its Trend Line, but the Sharemaestro read remains balanced rather than cleanly bullish.