Shares of energy darling Tourmaline (TOU.TO) exited the Favored Green Zone of the SIA S&P/TSX 60 Index Report in November 2023 as they came under distribution, alongside other natural gas producers. For the first half of 2024, the shares remained in the Unfavored Red Zone but began climbing the relative strength ranks, reaching the top of the Neutral Yellow Zone in the spring. Unfortunately, the shares are now underperforming the market again, sinking back into the Unfavored Red Zone, currently positioned at #46, slipping 21 spots in the past month.