Taking everything into account, COOT scores 2 out of 10 in our technical rating. COOT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
COOT has a bad technical rating, but it does show 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.
More info and screens
0.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.77 to 0.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.58 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.94 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for COOT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COOT is down. |
| ChartMill Relative Strength | 64.37 | NEUTRAL | COOT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COOT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of COOT is below the rising 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) | 38.45 | 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) | 26.09 | NEUTRAL | The Stochastics value for COOT is a neutral value. |
| Average True Range in percent/ATR (20) | 13.69 | HIGH VOLATILITY | The high ATR as a percentage value for COOT suggests high volalility. |
| Average Directional Index/ADX (14) | 12.75 | NEGATIVE | The low ADX value for COOT suggests a weak or negative trend. |
0.79
-0.03 (-3.66%)
AUSTRALIAN OILSEEDS HOLDINGS / COOT FAQ
Can you provide the ChartMill technical rating for AUSTRALIAN OILSEEDS HOLDINGS?
ChartMill assigns a technical rating of 2 / 10 to COOT.
Can you provide the trend direction for AUSTRALIAN OILSEEDS HOLDINGS?
The current trend direction for AUSTRALIAN OILSEEDS HOLDINGS (COOT) is Bearish.
What is the RSI signal for AUSTRALIAN OILSEEDS HOLDINGS (COOT) stock?
AUSTRALIAN OILSEEDS HOLDINGS (COOT) has an RSI value of 38.4513. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AUSTRALIAN OILSEEDS HOLDINGS?
The MACD indicator for AUSTRALIAN OILSEEDS HOLDINGS (COOT) has a value of 0.00193277, indicating a bearish trend.
Can you provide the short term momentum for AUSTRALIAN OILSEEDS HOLDINGS?
The short term momentum for AUSTRALIAN OILSEEDS HOLDINGS (COOT) is negative.