OMNI-LITE INDUSTRIES CANADA (OML.CA) Technical Analysis
TSX-V:OML • CA6819761066
Taking everything into account, OML scores 1 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.
- In the last month OML has a been trading in the 1.33 - 1.71 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: OML has an average volume of 10308 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- OML is one of the better performing stocks in the Machinery industry, it outperforms 76% of 22 stocks in the same industry.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, OML outperforms 41% of them, which is more or less in line with the market.
- OML is currently trading in the middle 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 slightly.
OML has a poor technical rating and the quality of the setup is also not perfect 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
1.27
We found 2 important support areas.
- A support zone ranging from 1.37 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.28 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.48 to 1.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.68 from a trend line in the daily time frame.
- A resistance zone ranging from 1.72 to 1.73. 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 | DOWN | NEGATIVE | The short term trend for OML.CA is down. |
| ChartMill Relative Strength | 41.17 | 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) | DOWN | NEGATIVE | The current price of OML.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of OML.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.58 | NEUTRAL | The RSI value for OML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests OML.CA has a negative trend. |
| Stochastics (14,3) | 24.56 | NEUTRAL | The Stochastics value for OML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for OML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.91 | NEGATIVE | The low ADX value for OML.CA suggests a weak or negative trend. |
OML.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:OML (3/6/2026, 7:00:00 PM)
1.4
+0.02 (+1.45%)
OMNI-LITE INDUSTRIES CANADA / OML.CA FAQ
What is the ChartMill technical rating of OMNI-LITE INDUSTRIES CANADA (OML.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to OML.CA.
Can you provide the trend direction for OMNI-LITE INDUSTRIES CANADA?
The current trend direction for OMNI-LITE INDUSTRIES CANADA (OML.CA) is Bearish.
What is the RSI signal for OML stock?
OMNI-LITE INDUSTRIES CANADA (OML.CA) has an RSI value of 43.5806. This indicates that the stock is currently neutral.
What are the support and resistance levels for OMNI-LITE INDUSTRIES CANADA (OML.CA) stock?
OMNI-LITE INDUSTRIES CANADA (OML.CA) has a support level at 1.39 and a resistance level at 1.48. Check the full technical report for our detailed analysis of OML.CA support and resistance levels.