OROCO RESOURCE CORP (OCO.CA) Stock Technical Analysis
TSX-V:OCO - TSX Venture Exchange - CA6870331007 - Common Stock - Currency: CAD
Taking everything into account, OCO scores 3 out of 10 in our technical rating. OCO has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, OCO outperforms 59% of them, which is more or less in line with the market.
OCO is part of the Metals & Mining industry. There are 801 other stocks in this industry, OCO did better than 55% of them.
OCO 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 OCO is lagging the market slightly.
In the last month OCO has a been trading in the 0.28 - 0.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of OCO 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
0.29
0.41
2 important support areas can be observed.
- Support @0.30 from a trend line in the daily time frame.
- A support zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.41 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for OCO.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OCO.CA is down. |
| ChartMill Relative Strength | 59.51 | NEUTRAL | OCO.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OCO.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OCO.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OCO.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.75 | NEUTRAL | The RSI value for OCO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OCO.CA has a positive trend. |
| Stochastics (14,3) | 60.2 | NEUTRAL | The Stochastics value for OCO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.54 | HIGH VOLATILITY | The high ATR as a percentage value for OCO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.1 | POSITIVE | The high ADX value value for OCO.CA suggests a strong 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)
TSX-V:OCO (5/23/2025, 7:00:00 PM)
0.34
+0.01 (+1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.49%
1 Week4.62%
2 Weeks17.24%
1 Month-12.82%
3 Month30.77%
6 Month21.43%
12 Month-22.73%
2 Year-54.67%
3 Year-73.02%
5 Year13.33%
10 Year871.43%
15 Year54.55%
Volatility
ATR(14)0.03
ATR(20)%7.54%
ATR Inc-24.83%
Range Today0.01
ADR(20)0.02
ADR(20)%7.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.51
Mansfield-0.1
10 Day High0.36
10 Day Low0.28
20 Day High0.39
20 Day Low0.28
52 Week High0.51
52 Week Low0.23
CS1 End0.3
CR1 Start0.41
Volume & EV
DER(3)-3.56%
DER(5)-3.3%
Volume222.11K
Volume Incr78.36%
Vol(5)180.31K
Vol(50)158.62K