OUTCROP SILVER & GOLD CORP (OCG.CA) Stock Technical Analysis
TSX-V:OCG - TSX Venture Exchange - CA69002Q1054 - Common Stock - Currency: CAD
Taking everything into account, OCG scores 8 out of 10 in our technical rating. Although OCG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
When comparing the performance of all stocks over the past year, OCG turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
OCG is an average performer in the Metals & Mining industry, it outperforms 49% of 808 stocks in the same industry.
OCG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OCG is lagging the market slightly.
In the last month OCG has a been trading in the 0.20 - 0.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, OCG also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.23, a Stop Loss order could be placed below this zone.
More info and screens
0.18
0.28
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.18 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.26 from a trend line in the daily time frame.
- Resistance @0.28 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 | UP | POSITIVE | The long term trend for OCG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OCG.CA is up. |
| ChartMill Relative Strength | 55.25 | NEUTRAL | OCG.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OCG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OCG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OCG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.49 | NEUTRAL | The RSI value for OCG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OCG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.08 | NEUTRAL | The Stochastics value for OCG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.55 | HIGH VOLATILITY | The high ATR as a percentage value for OCG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.04 | NEUTRAL | The ADX value for OCG.CA 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)
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 |
|---|---|---|---|
| 0.26 | 0.22 | 0.04 (16.35%) | 6.12% |
| An entry @0.26. This is a Buy Stop order right above the resistance zone. | An exit @0.22. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 16.35%. | For a 1.00% total portfolio risk, you can invest 6.12% of your capital in this trade. |
- 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:OCG (6/18/2025, 7:00:00 PM)
0.245
-0.01 (-2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2%
1 Week2.08%
2 Weeks-3.92%
1 Month20.99%
3 Month13.95%
6 Month22.5%
12 Month-1.01%
2 Year19.51%
3 Year113.04%
5 Year-32.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%7.55%
ATR Inc10.53%
Range Today0.02
ADR(20)0.02
ADR(20)%7.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.25
Mansfield0.39
10 Day High0.28
10 Day Low0.23
20 Day High0.28
20 Day Low0.2
52 Week High0.35
52 Week Low0.16
CS1 End0.23
CR1 Start0.25
Volume & EV
DER(3)0%
DER(5)0%
Volume317.55K
Volume Incr-13.4%
Vol(5)766.50K
Vol(50)812.21K