OCEANIC IRON ORE CORP (FEO.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:FEO - CA67524Q1321 - Common Stock
Taking everything into account, FEO scores 7 out of 10 in our technical rating. FEO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long and short term trends are both positive. This is looking good!
- In the last month FEO has a been trading in the 0.65 - 0.78 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that FEO is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, FEO also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 4 months ago.
- FEO is part of the Metals & Mining industry. There are 817 other stocks in this industry, FEO did better than 65% of them.
- FEO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FEO is lagging the market.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, FEO also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.68, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.66
When analyzing the support we notice one important area.
- A support zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.78 from a horizontal line in the daily time frame.
- Resistance @0.82 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for FEO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FEO.CA is up. |
| ChartMill Relative Strength | 87.92 | POSITIVE | FEO.CA has a high relative strength, it outperformed 87.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FEO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FEO.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FEO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.86 | NEUTRAL | The RSI value for FEO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FEO.CA has a positive trend. |
| Stochastics (14,3) | 79.49 | NEUTRAL | The Stochastics value for FEO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for FEO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.01 | NEGATIVE | The low ADX value for FEO.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.79 | 0.66 | 0.13 (16.46%) | 6.08% |
| An entry @0.79. This is a Buy Stop order right above the resistance zone. | An exit @0.66. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.13 points, which is 16.46%. | When investing 6.08% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:FEO (1/21/2026, 7:00:00 PM)
0.74
-0.01 (-1.33%)
OCEANIC IRON ORE CORP / FEO.CA FAQ
What is the ChartMill technical rating of OCEANIC IRON ORE CORP (FEO.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to FEO.CA.
Can you provide the trend direction for OCEANIC IRON ORE CORP?
The current trend direction for OCEANIC IRON ORE CORP (FEO.CA) is Bullish.
What is the RSI signal for OCEANIC IRON ORE CORP (FEO.CA) stock?
OCEANIC IRON ORE CORP (FEO.CA) has an RSI value of 51.8597. This indicates that the stock is currently neutral.
What is the MACD signal for OCEANIC IRON ORE CORP (FEO.CA) stock?
The MACD indicator for OCEANIC IRON ORE CORP (FEO.CA) has a value of 0.00627636, indicating a bearish trend.
What are the support and resistance levels for OCEANIC IRON ORE CORP (FEO.CA) stock?
OCEANIC IRON ORE CORP (FEO.CA) has a support level at 0.68 and a resistance level at 0.78. Check the full technical report for our detailed analysis of FEO.CA support and resistance levels.