O3 MINING INC (OIII.CA) Stock Technical Analysis
Canada - TSX-V:OIII - CA67113B1085 - Common Stock
Taking everything into account, OIII scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, OIII is only an average performer.
OIII has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.67, a Stop Loss order could be placed below this zone.
More info and screens
1.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.64 to 1.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.68 to 1.68. This zone is formed by a combination of multiple trend lines 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 OIII.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OIII.CA is up. |
| ChartMill Relative Strength | 67.1 | NEUTRAL | OIII.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OIII.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OIII.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OIII.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.34 | NEUTRAL | The RSI value for OIII.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OIII.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests OIII.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for OIII.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.68 | POSITIVE | The high ADX value value for OIII.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 1.69 | 1.65 | 0.04 (2.37%) | 25.00% |
| An entry @1.69. This is a Buy Stop order right above the resistance zone. | An exit @1.65. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 2.37%. | For a 0.59% total portfolio risk, you can invest 25.00% 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:OIII (3/20/2025, 7:00:00 PM)
1.67
0 (0%)
O3 MINING INC / OIII.CA FAQ
What is the technical rating for OIII stock?
ChartMill assigns a technical rating of 7 / 10 to OIII.CA.
Can you provide the trend direction for O3 MINING INC?
The current trend direction for O3 MINING INC (OIII.CA) is Bullish.
What is the RSI signal for OIII stock?
O3 MINING INC (OIII.CA) has an RSI value of 60.3415. This indicates that the stock is currently neutral.
Can you provide the short term momentum for O3 MINING INC?
The short term momentum for O3 MINING INC (OIII.CA) is positive.
What are the support and resistance levels for O3 MINING INC (OIII.CA) stock?
O3 MINING INC (OIII.CA) has a support level at 1.67 and a resistance level at 1.68. Check the full technical report for our detailed analysis of OIII.CA support and resistance levels.