ORLA MINING LTD (OLA.CA) Stock Technical Analysis
TSX:OLA - Toronto Stock Exchange - CA68634K1066 - Common Stock - Currency: CAD
Overall OLA 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, OLA is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, OLA did better than 94% of all other stocks. On top of that, OLA also shows a nice and consistent pattern of rising prices.
OLA is one of the better performing stocks in the Metals & Mining industry, it outperforms 87% of 805 stocks in the same industry.
OLA 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 OLA is lagging the market slightly.
In the last month OLA has a been trading in the 12.93 - 16.28 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OLA has an excellent technical rating, but the quality of the setup is 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
13.16
15.84
We found 3 important support areas.
- A support zone ranging from 14.29 to 14.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.77 to 13.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.29 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @15.68 from a horizontal line in the weekly 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 | 94.4 | POSITIVE | OLA.CA has a high relative strength, it outperformed 94.4% 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) | DOWN | MIXED | The current price of OLA.CA is above a declining 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) | 58.76 | NEUTRAL | The RSI value for OLA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests OLA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.74 | OVERBOUGHT | The high Stochastics value suggests OLA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for OLA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.73 | NEGATIVE | The low ADX value for OLA.CA suggests a weak or negative 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:OLA (7/17/2025, 7:00:00 PM)
15.67
-0.47 (-2.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.91%
1 Week7.26%
2 Weeks13.14%
1 Month3.23%
3 Month0.38%
6 Month87.89%
12 Month192.35%
2 Year154.38%
3 Year305.96%
5 Year174.91%
10 Year13526.1%
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%4.27%
ATR Inc4.13%
Range Today0.46
ADR(20)0.63
ADR(20)%4.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.4
Mansfield4.85
10 Day High16.28
10 Day Low13.33
20 Day High16.28
20 Day Low12.93
52 Week High16.98
52 Week Low4.6
CS1 End14.51
CR1 Start15.68
Volume & EV
DER(3)1.25%
DER(5)2.79%
Volume406.99K
Volume Incr-5.05%
Vol(5)630.83K
Vol(50)602.35K