ORLA MINING LTD (OLA.CA) Technical Analysis
TSX:OLA • CA68634K1066
We assign a technical rating of 10 out of 10 to OLA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OLA is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that OLA is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by OLA over the past year are nicely spread over this period.
- OLA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OLA is performing more or less in line with the market.
- In the last month OLA has a been trading in the 19.72 - 29.99 range, which is quite wide. It is currently trading near the high of this range.
- OLA has an average volume of 1086780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- OLA is part of the Metals & Mining industry. There are 816 other stocks in this industry, OLA did better than 66% of them.
Although OLA 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
12.99
5 important support areas can be observed.
- Support @21.87 from a trend line in the daily time frame.
- Support @16.74 from a trend line in the weekly time frame.
- Support @14.77 from a trend line in the weekly time frame.
- Support @14.14 from a trend line in the daily time frame.
- Support @13.12 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 OLA.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OLA.CA is up. |
| ChartMill Relative Strength | 88.05 | POSITIVE | OLA.CA has a high relative strength, it outperformed 88.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OLA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OLA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OLA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.61 | NEUTRAL | The RSI value for OLA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests OLA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.89 | OVERBOUGHT | The high Stochastics value suggests OLA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for OLA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.7 | NEUTRAL | The ADX value for OLA.CA suggests a possible start of a new trend. |
OLA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:OLA (3/3/2026, 7:00:00 PM)
27.43
-2.24 (-7.55%)
ORLA MINING LTD / OLA.CA FAQ
What is the ChartMill technical rating of ORLA MINING LTD (OLA.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to OLA.CA.
What is the trend direction for OLA stock?
The current trend direction for ORLA MINING LTD (OLA.CA) is Bullish.
What is the RSI signal for OLA stock?
ORLA MINING LTD (OLA.CA) has an RSI value of 60.6099. This indicates that the stock is currently neutral.
What is the buy/sell signal for ORLA MINING LTD (OLA.CA) stock?
The buy/sell signal for ORLA MINING LTD (OLA.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ORLA MINING LTD (OLA.CA) stock?
ORLA MINING LTD (OLA.CA) has a support level at 21.87. Check the full technical report for our detailed analysis of OLA.CA support and resistance levels.