OCEANAGOLD CORP (OGC.CA) Stock Technical Analysis
TSX:OGC - Toronto Stock Exchange - CA6752221037 - Common Stock - Currency: CAD
Overall OGC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OGC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, OGC did better than 94% of all other stocks. On top of that, OGC also shows a nice and consistent pattern of rising prices.
OGC is one of the better performing stocks in the Metals & Mining industry, it outperforms 86% of 811 stocks in the same industry.
OGC 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 OGC is lagging the market slightly.
OGC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
OGC has an average volume of 2326970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although OGC has an excellent technical rating, it does not present a decent entry opportunity 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
11.08
20.68
When analyzing the support we can see 5 important areas.
- Support @16.60 from a trend line in the daily time frame.
- Support @13.09 from a trend line in the weekly time frame.
- Support @12.69 from a trend line in the weekly time frame.
- Support @11.55 from a horizontal line in the weekly time frame.
- Support @11.19 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.43 to 20.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 OGC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OGC.CA is up. |
| ChartMill Relative Strength | 94.48 | POSITIVE | OGC.CA has a high relative strength, it outperformed 94.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OGC.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OGC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OGC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.87 | NEUTRAL | The RSI value for OGC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests OGC.CA has a negative trend. |
| Stochastics (14,3) | 67.87 | NEUTRAL | The Stochastics value for OGC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for OGC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 54.33 | POSITIVE | The high ADX value value for OGC.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:OGC (6/24/2025, 7:00:00 PM)
19.32
-1.11 (-5.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.43%
1 Week-0.78%
2 Weeks3.13%
1 Month12.3%
3 Month44.42%
6 Month69.57%
12 Month117.09%
2 Year161.18%
3 Year175.98%
5 Year115.72%
10 Year120.6%
15 Year121.32%
Volatility
ATR(14)0.58
ATR(20)%2.91%
ATR Inc10.57%
Range Today1
ADR(20)0.56
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.48
Mansfield4.92
10 Day High21.21
10 Day Low19.61
20 Day High21.21
20 Day Low17.94
52 Week High21.21
52 Week Low8.94
CS1 End20.44
CR1 StartN/A
Volume & EV
DER(3)-3.18%
DER(5)-2.05%
Volume947.14K
Volume Incr54.24%
Vol(5)3.21M
Vol(50)2.33M