AUSTRALIAN OILSEEDS HOLDINGS (COOT) Stock Technical Analysis
NASDAQ:COOT - Nasdaq - KYG070411098 - Common Stock - Currency: USD
Overall COOT gets a technical rating of 1 out of 10. COOT 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, COOT is a bad performer in the overall market: 92% of all stocks are doing better.
COOT is part of the Food Products industry. There are 90 other stocks in this industry, of which 74% are performing better than COOT.
COOT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month COOT has a been trading in the 0.72 - 0.87 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.
Although the technical rating is bad, COOT does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for COOT 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
0.65
1.30
We found 4 important support areas.
- A support zone ranging from 0.78 to 0.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.76 from a trend line in the daily time frame.
- A support zone ranging from 0.72 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.66 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.83 from a horizontal line in the daily time frame.
- Resistance @1.29 from a trend line in the daily time frame.
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 | 8.94 | NEGATIVE | COOT has a low relative strength, it was outperformed by 91.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COOT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of COOT is above 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) | 50.6 | NEUTRAL | The RSI value for COOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests COOT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.08 | NEUTRAL | The Stochastics value for COOT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.9 | HIGH VOLATILITY | The high ATR as a percentage value for COOT suggests high volalility. |
| Average Directional Index/ADX (14) | 13.9 | NEGATIVE | The low ADX value for COOT suggests a weak or negative trend. |
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)
0.8
+0.01 (+1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.27%
1 Week0.15%
2 Weeks4.09%
1 Month5.49%
3 Month-40.06%
6 Month-34.06%
12 Month-18.43%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%5.9%
ATR Inc5.53%
Range Today0.02
ADR(20)0.04
ADR(20)%5.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.94
Mansfield-2.35
10 Day High0.84
10 Day Low0.72
20 Day High0.87
20 Day Low0.72
52 Week High1.69
52 Week Low0.61
CS1 End0.78
CR1 Start0.83
Volume & EV
DER(3)3.72%
DER(5)9.76%
Volume2.01K
Volume Incr-31.61%
Vol(5)7.16K
Vol(50)72.24K