TSX-V:OMI - TSX Venture Exchange - CA6871961059 - Common Stock - Currency: CAD
Taking everything into account, OMI scores 8 out of 10 in our technical rating. OMI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
OMI has an excellent technical rating and also presents 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 0.23. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for OMI in the last couple of days, which is a good sign.
0.13
3 important support areas can be observed.
We can see 2 important resistance 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 | UP | POSITIVE | The long term trend for OMI.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OMI.CA is up. |
ChartMill Relative Strength | 97.61 | POSITIVE | OMI.CA has a high relative strength, it outperformed 97.61% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of OMI.CA is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OMI.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OMI.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 53.02 | NEUTRAL | The RSI value for OMI.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OMI.CA has a negative trend. |
Stochastics (14,3) | 48.46 | NEUTRAL | The Stochastics value for OMI.CA is a neutral value. |
Average True Range in percent/ATR (20) | 9.17 | HIGH VOLATILITY | The high ATR as a percentage value for OMI.CA suggests high volalility. |
Average Directional Index/ADX (14) | 17.82 | NEGATIVE | The low ADX value for OMI.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
0.23 | 0.19 | 0.04 (17.93%) | 5.58% |
An entry @0.23. This is a Buy Stop order right above the 10 day moving average. | An exit @0.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 17.93%. | When investing 5.58% of your capital in this trade, your total portfolio risk will be 1.00%. |
TSX-V:OMI (8/19/2025, 7:00:00 PM)
0.21
-0.01 (-4.55%)