TOR Equity Snapshot

OBE Weekly Equity Report

Obsidian Energy Ltd.

Interactive chart JSON snapshot
Latest Close 15.47 CAD 12 Jun 2026
1W Return 0.2% latest completed week
4W Return -16.3% short-term follow-through
12W Return 29.1% quarterly tape
Trend Breadth 82.7% 43 of 52 weeks active
Volume Ratio 0.5x vs 13-week average
Company Brief

What the company does

Obsidian Energy Ltd. engages in the exploration, development, and production of oil and natural gas in Western Canada. Its portfolio of properties includes unitized and non-unitized light oil, heavy oil, and natural gas production. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy Ltd. is headquartered in Calgary, Canada.

Snapshot

What the weekly tape is saying

OBE closed the latest completed week at 15.47 CAD. The 4-week return is -16.3% and the 12-week return is 29.1%. Trend Signal is active, Market Dynamics is 0.08. Setup signature: Deep recovery attempt with a 50/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 28.6%
Volume 0.5x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 90 Persistence of active Trend Signal over the last year and current streak.
Momentum 39 Blend of 4-week and 12-week follow-through.
Dynamics 44 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 100 Relative leadership and short-term RS change.
Volume 22 Participation compared with the 13-week volume baseline.
Risk Control 7 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
12.03 CAD
Vs Trend Line
28.6%
Fair Value
9.47 CAD
Vs Fair Value
63.4%
52W High
19.83 CAD
52W Low
7.24 CAD
Drawdown
-22.0%
Range Position
65.4%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W 0.2%
4W -16.3%
12W 29.1%
26W 86.8%
52W 90.5%

Trend read

Active Streak
24 weeks
52W Active Weeks
43
52W Active Breadth
82.7%
Sector Scope
CA Energy
Sector Rank
34 of 95
Sector Percentile
64.9%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
0.08
4W MD Change
-94.7%
Relative Strength
33.82
4W RS Change
-53.3%
Expectation
Positive
Probability
55.26%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
1.1M
13W Average
2.1M
52W Average
1.5M
Vs 13W
0.5x
Vs 52W
0.7x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
11.2%
52W Volatility
6.9%
Upside Weeks
31
Downside Weeks
21
Downside Breadth
40.4%
Avg Gain / Loss
5.4% / -4.4%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
TOR
Country
CA
Sector
Energy
Industry
Oil & Gas E&P
Currency
CAD
Market Cap
1.0B

Opportunity signals

  • Trend Signal is active with a 24-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Market Dynamics is positive on the latest completed week.

Risk signals

  • The share remains more than 20% below its 52-week high.
  • Recent volatility is running well above the one-year baseline.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 15.47 CAD 0.2% 12.03 CAD 9.47 CAD 0.08 33.82 1.1M On
5 Jun 2026 15.44 CAD 2.3% 11.80 CAD 9.42 CAD 0.38 36.68 1.2M On
29 May 2026 15.09 CAD -9.9% 11.56 CAD 9.37 CAD 0.70 33.60 1.4M On
22 May 2026 16.74 CAD -9.5% 11.32 CAD 9.33 CAD 1.13 51.12 1.8M On
15 May 2026 18.49 CAD 8.8% 11.05 CAD 9.27 CAD 1.48 72.38 1.4M On
8 May 2026 16.99 CAD -11.8% 10.70 CAD 9.20 CAD 1.75 60.08 2.5M On
1 May 2026 19.26 CAD 4.2% 10.42 CAD 9.15 CAD 1.88 85.29 2.5M On
24 Apr 2026 18.48 CAD 33.7% 10.10 CAD 9.08 CAD 1.87 81.57 4.2M On
17 Apr 2026 13.82 CAD 10.0% 9.79 CAD 9.02 CAD 1.86 36.62 2.9M On
10 Apr 2026 12.56 CAD -1.7% 9.61 CAD 8.98 CAD 1.79 27.66 1.9M On
3 Apr 2026 12.78 CAD -0.3% 9.47 CAD 8.96 CAD 1.76 33.10 2.0M On
27 Mar 2026 12.82 CAD 7.0% 9.32 CAD 8.94 CAD 1.70 39.32 2.3M On
20 Mar 2026 11.98 CAD 2.6% 9.17 CAD 8.91 CAD 1.57 33.42 2.0M On
13 Mar 2026 11.68 CAD 0.9% 9.05 CAD 8.89 CAD 1.56 25.66 1.8M On