ORLA MINING LTD (OLA.CA) Stock Technical Analysis
TSX:OLA - Toronto Stock Exchange - CA68634K1066 - Common Stock - Currency: CAD
We assign a technical rating of 6 out of 10 to OLA. OLA was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month OLA has a been trading in the 13.33 - 17.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Looking at the yearly performance, OLA did better than 93% of all other stocks. We also observe that the gains produced by OLA over the past year are nicely spread over this period.
OLA is one of the better performing stocks in the Metals & Mining industry, it outperforms 84% of 806 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.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
OLA has an average technical rating and it also does not offer a high quality setup 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
12.98
17.08
2 important support areas can be observed.
- A support zone ranging from 13.45 to 13.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.11 to 13.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @16.91 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 | DOWN | NEGATIVE | The short term trend for OLA.CA is down. |
| ChartMill Relative Strength | 93.35 | POSITIVE | OLA.CA has a high relative strength, it outperformed 93.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OLA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OLA.CA is below 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) | 41.22 | NEUTRAL | The RSI value for OLA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests OLA.CA has a negative trend. |
| Stochastics (14,3) | 10.95 | OVERSOLD | The low Stochastics value suggests OLA.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.12 | HIGH VOLATILITY | The high ATR as a percentage value for OLA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.73 | NEUTRAL | The ADX value for OLA.CA suggests a possible start of a new 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 (7/29/2025, 7:00:00 PM)
13.56
-0.12 (-0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.88%
1 Week-20.89%
2 Weeks-16.3%
1 Month-0.88%
3 Month-5.7%
6 Month52.02%
12 Month176.17%
2 Year120.13%
3 Year251.3%
5 Year137.89%
10 Year11691.3%
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%6.12%
ATR Inc-39.31%
Range Today0.47
ADR(20)0.71
ADR(20)%5.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.35
Mansfield2.35
10 Day High17.45
10 Day Low13.4
20 Day High17.45
20 Day Low13.33
52 Week High17.45
52 Week Low4.6
CS1 End13.47
CR1 Start16.91
Volume & EV
DER(3)-0.67%
DER(5)-5%
Volume1.16M
Volume Incr101.32%
Vol(5)1.19M
Vol(50)649.10K