OMAI GOLD MINES CORP (OMG.CA) Stock Technical Analysis
TSX-V:OMG - TSX Venture Exchange - CA6820431048 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to OMG. In the last year, OMG was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month OMG has a been trading in the 0.32 - 0.46 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, OMG did better than 97% of all other stocks. On top of that, OMG also shows a nice and consistent pattern of rising prices.
OMG is part of the Metals & Mining industry. There are 822 other stocks in this industry. OMG outperforms 95% of them.
OMG has an average volume of 1136740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OMG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Besides having an excellent technical rating, OMG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for OMG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.21
0.36
When analyzing the support we notice one important area.
- Support @0.21 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.36 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.72
Mansfield7.4
10 Day High0.39
10 Day Low0.32
20 Day High0.46
20 Day Low0.32
52 Week High0.47
52 Week Low0.1
Performance
1 Week-5.71%
2 Weeks-9.59%
1 Month-23.26%
3 Month65%
6 Month112.9%
12 Month200%
2 Year450%
3 Year186.96%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)44.86
LBB0.31
UBB0.39
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.37 | 0.31 | 0.06 (16.22%) | 6.17% |
| An entry @0.37. This is a Buy Stop order right above the resistance zone. | An exit @0.31. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.06 points, which is 16.22%. | When investing 6.17% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:OMG (3/7/2025, 7:00:00 PM)
0.33
-0.01 (-1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.49%
1 Week-5.71%
2 Weeks-9.59%
1 Month-23.26%
3 Month65%
6 Month112.9%
12 Month200%
2 Year450%
3 Year186.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%9.17%
ATR Inc-27.74%
Range Today0.02
ADR(20)0.03
ADR(20)%9.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.72
Mansfield7.4
10 Day High0.39
10 Day Low0.32
20 Day High0.46
20 Day Low0.32
52 Week High0.47
52 Week Low0.1
CS1 End0.21
CR1 Start0.36
Volume & EV
DER(3)6.36%
DER(5)-1.06%
Volume824.82K
Volume Incr-44.1%
Vol(5)924.26K
Vol(50)1.14M