MEMEX INC (OEE.CA) Technical Analysis
TSX-V:OEE • CA58600T1084
Current stock price
OEE.CA Technical Rating and Analysis
Overall OEE gets a technical rating of 0 out of 10. OEE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 81% of all other stocks performed better in the past year than OEE.
- OEE is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month OEE has a been trading in the 0.01 - 0.01 range, which is quite wide. It is currently trading near the lows of this range.
- OEE is part of the Software industry. There are 69 other stocks in this industry, OEE did better than 60% of them.
OEE.CA Weekly and Daily overview Charts
OEE.CA Setup Rating and Analysis
OEE has a poor technical rating and the quality of the setup is also only medium 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
OEE.CA Support and Resistance Analysis
0.00
We found 1 important resistance area.
- A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
OEE.CA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for OEE.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OEE.CA is down. |
| ChartMill Relative Strength | 19.29 | NEGATIVE | OEE.CA has a low relative strength, it was outperformed by 80.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OEE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OEE.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OEE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.99 | NEUTRAL | The RSI value for OEE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OEE.CA has a negative trend. |
| Average True Range in percent/ATR (20) | 20 | HIGH VOLATILITY | The high ATR as a percentage value for OEE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.29 | NEGATIVE | The low ADX value for OEE.CA suggests a weak or negative trend. |
OEE.CA Chart- and CandleStick Pattern Analysis
OEE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:OEE (1/26/2024, 7:00:00 PM)
0.005
0 (0%)
MEMEX INC / OEE.CA TA FAQ
What is the technical rating for OEE stock?
ChartMill assigns a technical rating of 0 / 10 to OEE.CA.
What is the current trend direction of MEMEX INC (OEE.CA) stock?
The current trend direction for MEMEX INC (OEE.CA) is Bearish.
What is the RSI signal for MEMEX INC (OEE.CA) stock?
MEMEX INC (OEE.CA) has an RSI value of 47.987. This indicates that the stock is currently neutral.
What is the MACD signal for OEE stock?
The MACD indicator for MEMEX INC (OEE.CA) has a value of -0.00000459597, indicating a bearish trend.
What is the short term momentum for MEMEX INC (OEE.CA) stock?
The short term momentum for MEMEX INC (OEE.CA) is negative.