OMNI-LITE INDUSTRIES CANADA (OML.CA) Stock Technical Analysis
TSX-V:OML - TSX Venture Exchange - CA6819761066 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to OML. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OML is showing a nice and steady performance.
Warning: OML has an average volume of 16254 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 positive. This is looking good!
OML is part of the Machinery industry. There are 22 other stocks in this industry. OML outperforms 71% 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 1.12 - 1.57 range, which is quite wide. It is currently trading near the high of this range.
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. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although OML has an excellent technical rating, it 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
1.08
1.59
We found 3 important support areas.
- Support @1.19 from a trend line in the weekly time frame.
- Support @1.17 from a trend line in the daily time frame.
- Support @1.09 from a trend 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 | UP | POSITIVE | The short term trend for OML.CA is up. |
| ChartMill Relative Strength | 83.68 | POSITIVE | OML.CA has a high relative strength, it outperformed 83.68% 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) | 73.29 | OVERBOUGHT | The high RSI value suggests OML.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests OML.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.52 | OVERBOUGHT | The high Stochastics value suggests OML.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for OML.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.19 | POSITIVE | The high ADX value value for OML.CA suggests a strong 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 (7/16/2025, 7:00:00 PM)
1.57
+0.02 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.29%
1 Week16.3%
2 Weeks29.75%
1 Month35.34%
3 Month53.92%
6 Month17.16%
12 Month20.77%
2 Year234.04%
3 Year84.71%
5 Year65.26%
10 Year1.95%
15 Year4.67%
Volatility
ATR(14)0.09
ATR(20)%4.71%
ATR Inc43.75%
Range Today0.11
ADR(20)0.06
ADR(20)%3.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.68
Mansfield1.46
10 Day High1.57
10 Day Low1.12
20 Day High1.57
20 Day Low1.12
52 Week High1.75
52 Week Low0.91
CS1 End1.19
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume5.50K
Volume Incr-24.45%
Vol(5)15.88K
Vol(50)16.25K