BME:OLE - ES0110047919 - Common Stock
We assign a technical rating of 1 out of 10 to OLE. OLE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
OLE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.18, a Stop Loss order could be placed below this zone.
0.17
We found 2 important support areas.
When analyzing the resistance we notice 2 important areas.
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 | DOWN | NEGATIVE | The long term trend for OLE.MC is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OLE.MC is down. |
ChartMill Relative Strength | 24.23 | NEGATIVE | OLE.MC has a low relative strength, it was outperformed by 75.77% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OLE.MC is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of OLE.MC is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OLE.MC is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.41 | NEUTRAL | The RSI value for OLE.MC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OLE.MC has a positive trend. |
Stochastics (14,3) | 53.7 | NEUTRAL | The Stochastics value for OLE.MC is a neutral value. |
Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for OLE.MC suggests low volalility. |
Average Directional Index/ADX (14) | 12.33 | NEGATIVE | The low ADX value for OLE.MC suggests a weak or negative trend. |
BME:OLE (8/29/2025, 10:11:35 AM)
0.184
+0 (+0.55%)