OMNI-LITE INDUSTRIES CANADA (OML.CA) Stock Technical Analysis
TSX-V:OML - CA6819761066 - Common Stock
1.69 CAD
+0.03 (+1.81%)
Taking everything into account, OML scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, OML has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: OML has an average volume of 20107 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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 OML is one of the better performing stocks in the market, outperforming 83% of all stocks.
OML is part of the Machinery industry. There are 20 other stocks in this industry. OML outperforms 84% of them.
OML 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 OML is lagging the market slightly.
In the last month OML has a been trading in the 1.40 - 1.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, OML also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for OML in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.12
1.73
We found 6 important support areas.
- Support @1.61 from a horizontal line in the daily time frame.
- Support @1.50 from a trend line in the daily time frame.
- Support @1.40 from a horizontal line in the daily time frame.
- Support @1.34 from a trend line in the daily time frame.
- Support @1.27 from a trend line in the weekly time frame.
- Support @1.13 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @1.71 from a horizontal line in the weekly 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 OML.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OML.CA is neutral. |
| ChartMill Relative Strength | 83.2 | POSITIVE | OML.CA has a high relative strength, it outperformed 83.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OML.CA is above the rising 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) | UP | POSITIVE | The current price of OML.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.65 | NEUTRAL | The RSI value for OML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OML.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.17 | NEUTRAL | The Stochastics value for OML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for OML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.96 | 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)
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 |
|---|---|---|---|
| 1.72 | 1.60 | 0.12 (6.98%) | 14.33% |
| An entry @1.72. This is a Buy Stop order right above the resistance zone. | An exit @1.60. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.12 points, which is 6.98%. | When investing 14.33% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of OML. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:OML (8/29/2025, 7:00:00 PM)
1.69
+0.03 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.81%
1 Week-0.59%
2 Weeks6.96%
1 Month6.96%
3 Month44.44%
6 Month56.48%
12 Month40.83%
2 Year186.44%
3 Year131.51%
5 Year79.79%
10 Year6.96%
15 Year6.29%
Volatility
ATR(14)0.1
ATR(20)%6.15%
ATR Inc64.06%
Range Today0.2
ADR(20)0.09
ADR(20)%5.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.2
Mansfield1.79
10 Day High1.72
10 Day Low1.49
20 Day High1.72
20 Day Low1.4
52 Week High1.75
52 Week Low0.91
CS1 End1.61
CR1 Start1.71
Volume & EV
DER(3)72.38%
DER(5)156.06%
Volume39.34K
Volume Incr1.67%
Vol(5)18.18K
Vol(50)20.11K