AUSTRALIAN OILSEEDS HOLDINGS (COOT) Technical Analysis
NASDAQ:COOT • KYG070411098
Current stock price
COOT Technical Rating and Analysis
Overall COOT gets a technical rating of 0 out of 10. COOT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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.
- 88% of all other stocks performed better in the past year than COOT.
- COOT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- COOT is part of the Food Products industry. There are 87 other stocks in this industry, COOT did better than 40% of them.
- In the last month COOT has a been trading in the 0.53 - 0.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
COOT Weekly and Daily overview Charts
COOT Setup Rating and Analysis
COOT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.56, a Stop Loss order could be placed below this zone.
More info and screens
COOT Support and Resistance Analysis
0.51
We found 5 important support areas.
- A support zone ranging from 0.56 to 0.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.55 from a trend line in the daily time frame.
- Support @0.54 from a horizontal line in the daily time frame.
- Support @0.53 from a horizontal line in the weekly time frame.
- Support @0.52 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @0.68 from a trend line in the weekly time frame.
- Resistance @0.82 from a trend line in the daily time frame.
COOT Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for COOT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COOT is neutral. |
| ChartMill Relative Strength | 12.54 | NEGATIVE | COOT has a low relative strength, it was outperformed by 87.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of COOT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COOT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COOT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.21 | NEUTRAL | The RSI value for COOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests COOT has a positive trend. |
| Stochastics (14,3) | 42.16 | NEUTRAL | The Stochastics value for COOT is a neutral value. |
| Average True Range in percent/ATR (20) | 10.15 | HIGH VOLATILITY | The high ATR as a percentage value for COOT suggests high volalility. |
| Average Directional Index/ADX (14) | 11.2 | NEGATIVE | The low ADX value for COOT suggests a weak or negative trend. |
COOT Chart- and CandleStick Pattern Analysis
COOT Technicals: Chart, Performance Metrics, Trend & Indicators
0.6
+0.01 (+1.35%)
AUSTRALIAN OILSEEDS HOLDINGS / COOT TA FAQ
Can you provide the ChartMill technical rating for AUSTRALIAN OILSEEDS HOLDINGS?
ChartMill assigns a technical rating of 0 / 10 to COOT.
What is the trend direction for COOT stock?
The current trend direction for AUSTRALIAN OILSEEDS HOLDINGS (COOT) is Bearish.
Can you provide the RSI signal for AUSTRALIAN OILSEEDS HOLDINGS?
AUSTRALIAN OILSEEDS HOLDINGS (COOT) has an RSI value of 49.2119. This indicates that the stock is currently neutral.
What is the MACD signal for AUSTRALIAN OILSEEDS HOLDINGS (COOT) stock?
The MACD indicator for AUSTRALIAN OILSEEDS HOLDINGS (COOT) has a value of 0.00213055, indicating a bearish trend.