OSISKO DEVELOPMENT CORP (ODV) Stock Technical Analysis
USA - NYSE:ODV - CA68828E8099 - Common Stock
3.48 USD
-0.24 (-6.45%)
3.55 USD
+0.07 (+2.01%)
Overall ODV gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ODV has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ODV did better than 92% of all other stocks.
ODV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ODV is lagging the market slightly.
ODV has an average volume of 1442470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ODV is part of the Metals & Mining industry. There are 155 other stocks in this industry, ODV did better than 54% of them.
In the last month ODV has a been trading in the 3.04 - 3.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, ODV also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 3.47, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ODV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.65
3.81
2 important support areas can be observed.
- A support zone ranging from 3.39 to 3.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.68 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @3.77 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 ODV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ODV is up. |
| ChartMill Relative Strength | 92.07 | POSITIVE | ODV has a high relative strength, it outperformed 92.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ODV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ODV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ODV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.78 | NEUTRAL | The RSI value for ODV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ODV has a negative trend. |
| Stochastics (14,3) | 67.27 | NEUTRAL | The Stochastics value for ODV is a neutral value. |
| Average True Range in percent/ATR (20) | 6.57 | HIGH VOLATILITY | The high ATR as a percentage value for ODV suggests high volalility. |
| Average Directional Index/ADX (14) | 29.62 | POSITIVE | The high ADX value value for ODV 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)
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 |
|---|---|---|---|
| 3.78 | 3.38 | 0.40 (10.58%) | 9.45% |
| An entry @3.78. This is a Buy Stop order right above the resistance zone. | An exit @3.38. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.40 points, which is 10.58%. | When investing 9.45% 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.
3.48
-0.24 (-6.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.45%
1 Week0.87%
2 Weeks2.65%
1 Month10.83%
3 Month42.62%
6 Month105.92%
12 Month53.98%
2 Year10.13%
3 Year-15.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%6.57%
ATR Inc31.21%
Range Today0.29
ADR(20)0.21
ADR(20)%6.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.07
Mansfield5.68
10 Day High3.89
10 Day Low3.35
20 Day High3.89
20 Day Low3.04
52 Week High3.89
52 Week Low1.16
CS1 End3.47
CR1 Start3.77
Volume & EV
DER(3)5.84%
DER(5)7.11%
Volume2.41M
Volume Incr55.18%
Vol(5)2.48M
Vol(50)1.44M