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OMNI-LITE INDUSTRIES CANADA (OML.CA) Stock Technical Analysis

TSX-V:OML - TSX Venture Exchange - CA6819761066 - Common Stock - Currency: CAD

1.23  -0.01 (-0.81%)

Technical Rating and Analysis

4

Overall OML gets a technical rating of 4 out of 10. Although OML is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Warning: OML has an average volume of 10677 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, OML did better than 90% of all other stocks.
OML is one of the better performing stocks in the Machinery industry, it outperforms 80% of 21 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
OML is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OML is lagging the market.
In the last month OML has a been trading in the 1.07 - 1.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
OMNI-LITE INDUSTRIES CANADA / OML Weekly stock chart
OMNI-LITE INDUSTRIES CANADA / OML Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, OML does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.27. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for OML 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.
Support and Resistance Analysis

1.18

1.34

When analyzing the support we can see 2 important areas.

  • Support @1.22 from a trend line in the daily time frame.
  • A support zone ranging from 1.19 to 1.20. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 1.27 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.08
Mansfield-0.28
10 Day High1.31
10 Day Low1.07
20 Day High1.33
20 Day Low1.07
52 Week High1.75
52 Week Low0.62
Performance
1 Week0.82%
2 Weeks-4.65%
1 Month-8.89%
3 Month2.5%
6 Month2.5%
12 Month92.19%
2 Year119.64%
3 Year53.75%
5 Year33.7%
10 Year-25.9%
15 Year101.64%
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
RSI(14)43.57
LBB1.19
UBB1.32
OMNI-LITE INDUSTRIES CANADA / OML Daily stock chart

OMNI-LITE INDUSTRIES CANADA

TSX-V:OML (2/21/2025, 7:00:00 PM)

1.23

-0.01 (-0.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.81%
1 Week0.82%
2 Weeks-4.65%
1 Month-8.89%
3 Month2.5%
6 Month2.5%
12 Month92.19%
2 Year119.64%
3 Year53.75%
5 Year33.7%
10 Year-25.9%
15 Year101.64%
Volatility
ATR(14)0.06
ATR(20)%4.15%
ATR Inc-26.32%
Range Today0.02
ADR(20)0.04
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.08
Mansfield-0.28
10 Day High1.31
10 Day Low1.07
20 Day High1.33
20 Day Low1.07
52 Week High1.75
52 Week Low0.62
CS1 End1.22
CR1 Start1.27
Volume & EV
DER(3)0%
DER(5)17.05%
Volume7.10K
Volume Incr19.05%
Vol(5)8.06K
Vol(50)10.68K