OMNI-LITE INDUSTRIES CANADA (OML.CA) Stock Technical Analysis
TSX-V:OML - TSX Venture Exchange - CA6819761066 - Common Stock - Currency: CAD
Taking everything into account, OML scores 4 out of 10 in our technical rating. OML has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
OML is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OML is lagging the market.
In the last month OML has a been trading in the 1.12 - 1.27 range, which is quite wide. It is currently trading near the lows of this range.
Warning: OML has an average volume of 11749 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, OML turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
OML is an average performer in the Machinery industry, it outperforms 57% of 22 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
OML 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
0.98
1.31
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.12 to 1.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.06 from a trend line in the weekly time frame.
- Support @0.99 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.14 to 1.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.18 to 1.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.21 from a trend line in the daily time frame.
- Resistance @1.24 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.28 to 1.30. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for OML.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OML.CA is neutral. |
| ChartMill Relative Strength | 59.02 | NEUTRAL | OML.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OML.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OML.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OML.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.15 | NEUTRAL | The RSI value for OML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests OML.CA has a negative trend. |
| Stochastics (14,3) | 51.52 | NEUTRAL | The Stochastics value for OML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for OML.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.46 | NEGATIVE | The low ADX value for OML.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-V:OML (6/20/2025, 7:00:00 PM)
1.13
-0.06 (-5.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-5.04%
1 Week-5.04%
2 Weeks-3.42%
1 Month-6.61%
3 Month11.88%
6 Month-16.3%
12 Month3.67%
2 Year98.25%
3 Year32.94%
5 Year28.41%
10 Year-23.13%
15 Year5.61%
Volatility
ATR(14)0.03
ATR(20)%3.45%
ATR Inc-7.55%
Range Today0.02
ADR(20)0.02
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.02
Mansfield-1.32
10 Day High1.2
10 Day Low1.13
20 Day High1.27
20 Day Low1.12
52 Week High1.75
52 Week Low0.91
CS1 End1.12
CR1 Start1.14
Volume & EV
DER(3)0%
DER(5)0%
Volume18.90K
Volume Incr-57.69%
Vol(5)5.64K
Vol(50)11.75K