ORLA MINING LTD (OLA.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:OLA • CA68634K1066
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 term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that OLA is one of the better performing stocks in the market, outperforming 85% of all stocks. On top of that, OLA also shows a nice and consistent pattern of rising prices.
- 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.
- OLA has an average volume of 1179530 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 812 other stocks in this industry, OLA did better than 59% of them.
- In the last month OLA has a been trading in the 19.59 - 27.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
12.99
When analyzing the support we can see 5 important areas.
- A support zone ranging from 20.08 to 20.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.24 from a trend line in the weekly time frame.
- Support @14.62 from a trend line in the weekly time frame.
- A support zone ranging from 14.24 to 14.32. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for OLA.CA is neutral. |
| ChartMill Relative Strength | 85.68 | POSITIVE | OLA.CA has a high relative strength, it outperformed 85.68% 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) | 57.17 | NEUTRAL | The RSI value for OLA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests OLA.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.82 | NEUTRAL | The Stochastics value for OLA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.92 | HIGH VOLATILITY | The high ATR as a percentage value for OLA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.95 | NEUTRAL | The ADX value for OLA.CA suggests a possible start of a new trend. |
TSX:OLA (2/9/2026, 7:00:00 PM)
23.56
+2.23 (+10.45%)
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 57.1713. This indicates that the stock is currently neutral.
What are the support and resistance levels for ORLA MINING LTD (OLA.CA) stock?
ORLA MINING LTD (OLA.CA) has a support level at 20.54. Check the full technical report for our detailed analysis of OLA.CA support and resistance levels.