AUSTRALIAN OILSEEDS HOLDINGS (COOT) Stock Technical Analysis
NASDAQ:COOT - KYG070411098 - Common Stock
0.6011 USD
-0.05 (-7.52%)
0.62 USD
+0.02 (+3.14%)
Taking everything into account, COOT scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. COOT was also a bad performer in the overall market in the last year.
93% of all other stocks performed better in the past year than COOT.
COOT is part of the Food Products industry. There are 90 other stocks in this industry, of which 78% 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 0.50 - 0.76 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of COOT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.60
0.66
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.65 to 0.65. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for COOT is up. |
| ChartMill Relative Strength | 7.31 | NEGATIVE | COOT has a low relative strength, it was outperformed by 92.69% 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) | 57.27 | NEUTRAL | The RSI value for COOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests COOT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.83 | NEUTRAL | The Stochastics value for COOT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.15 | HIGH VOLATILITY | The high ATR as a percentage value for COOT suggests high volalility. |
| Average Directional Index/ADX (14) | 24.67 | NEUTRAL | The ADX value for COOT suggests a possible start of a new 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)
0.6011
-0.05 (-7.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-7.52%
1 Week17.61%
2 Weeks14.89%
1 Month15.62%
3 Month-25.74%
6 Month-53.04%
12 Month-31.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%7.15%
ATR Inc265.27%
Range Today0.16
ADR(20)0.04
ADR(20)%6.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.31
Mansfield-4.05
10 Day High0.76
10 Day Low0.51
20 Day High0.76
20 Day Low0.5
52 Week High1.69
52 Week Low0.45
CS1 EndN/A
CR1 Start0.65
Volume & EV
DER(3)11.58%
DER(5)12.57%
Volume2.27M
Volume Incr3549.08%
Vol(5)1.46M
Vol(50)527.28K