Overall COOTW gets a technical rating of 4 out of 10. Although COOTW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, COOTW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for COOTW in the last couple of days, which is a good sign.
0.02
When analyzing the support we notice one important area.
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 COOTW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COOTW is neutral. |
| ChartMill Relative Strength | 92.66 | POSITIVE | COOTW has a high relative strength, it outperformed 92.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of COOTW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of COOTW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COOTW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.01 | NEUTRAL | The RSI value for COOTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests COOTW has a positive trend. |
| Stochastics (14,3) | 45.26 | NEUTRAL | The Stochastics value for COOTW is a neutral value. |
| Average True Range in percent/ATR (20) | 20.59 | HIGH VOLATILITY | The high ATR as a percentage value for COOTW suggests high volalility. |
| Average Directional Index/ADX (14) | 21.11 | NEUTRAL | The ADX value for COOTW suggests a possible start of a new trend. |
0.0256
+0 (+9.87%)
ChartMill assigns a technical rating of 4 / 10 to COOTW.
The current trend direction for AUSTRALIAN OILSEEDS HOLDI-29 (COOTW) is Bearish.
AUSTRALIAN OILSEEDS HOLDI-29 (COOTW) has an RSI value of 48.005. This indicates that the stock is currently neutral.
AUSTRALIAN OILSEEDS HOLDI-29 (COOTW) has a support level at 0.02. Check the full technical report for our detailed analysis of COOTW support and resistance levels.