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OREA MINING CORP (OREA.CA) Stock Technical Analysis

TSX:OREA - Toronto Stock Exchange - CA6857821046 - Common Stock

0.015  +0 (+50%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to OREA. OREA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, OREA is a bad performer in the overall market: 96% of all stocks are doing better.
OREA is part of the Metals & Mining industry. There are 825 other stocks in this industry, of which 87% are performing better than OREA.
OREA is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month OREA has a been trading in the 0.01 - 0.02 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
OREA Weekly chart
OREA Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, OREA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for OREA 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

0.01

0.02

We found 1 important resistance area.

  • A resistance zone ranging from 0.02 to 0.02. 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
CRS4.51
Mansfield-7.24
10 Day High0.02
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.12
52 Week Low0.01
Performance
1 Week0%
2 Weeks0%
1 Month-25%
3 Month-25%
6 Month-57.14%
12 Month-85%
2 Year-85%
3 Year-86.36%
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
RSI(14)50.93
LBB0.01
UBB0.02
OREA Daily chart

OREA MINING CORP

TSX:OREA (2/13/2024, 7:00:00 PM)

0.015

+0 (+50%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg50%
1 Week0%
2 Weeks0%
1 Month-25%
3 Month-25%
6 Month-57.14%
12 Month-85%
2 Year-85%
3 Year-86.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%20%
ATR Inc-12.5%
Range Today0
ADR(20)0
ADR(20)%10%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.51
Mansfield-7.24
10 Day High0.02
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.12
52 Week Low0.01
CS1 EndN/A
CR1 Start0.02
Volume & EV
DER(3)20.21%
DER(5)12.12%
Volume300.24K
Volume Incr-74.4%
Vol(5)73.60K
Vol(50)169.46K