OCUMETICS TECHNOLOGY CORP (OTC.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:OTC - CA67577H1047 - Common Stock
We assign a technical rating of 1 out of 10 to OTC. OTC 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- OTC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: OTC has an average volume of 29536 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- OTC is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 86% of 16 stocks in the same industry.
- When comparing the performance of all stocks over the past year, OTC turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
- In the last month OTC has a been trading in the 0.55 - 0.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, OTC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for OTC 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
0.55
We found 3 important support areas.
- Support @0.58 from a trend line in the weekly time frame.
- Support @0.57 from a trend line in the daily time frame.
- Support @0.56 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.62 to 0.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.67 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for OTC.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OTC.CA is down. |
| ChartMill Relative Strength | 66.93 | NEUTRAL | OTC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OTC.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OTC.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of OTC.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.69 | NEUTRAL | The RSI value for OTC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OTC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40 | NEUTRAL | The Stochastics value for OTC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for OTC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.76 | NEUTRAL | The ADX value for OTC.CA suggests a possible start of a new trend. |
TSX-V:OTC (1/26/2026, 7:00:00 PM)
0.61
0 (0%)
OCUMETICS TECHNOLOGY CORP / OTC.CA FAQ
What is the ChartMill technical rating of OCUMETICS TECHNOLOGY CORP (OTC.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to OTC.CA.
Can you provide the trend direction for OCUMETICS TECHNOLOGY CORP?
The current trend direction for OCUMETICS TECHNOLOGY CORP (OTC.CA) is Bearish.
What is the RSI signal for OTC stock?
OCUMETICS TECHNOLOGY CORP (OTC.CA) has an RSI value of 44.6925. This indicates that the stock is currently neutral.
What is the MACD signal for OTC stock?
The MACD indicator for OCUMETICS TECHNOLOGY CORP (OTC.CA) has a value of 0.0107144, indicating a bearish trend.
What are the support and resistance levels for OCUMETICS TECHNOLOGY CORP (OTC.CA) stock?
OCUMETICS TECHNOLOGY CORP (OTC.CA) has a support level at 0.58 and a resistance level at 0.62. Check the full technical report for our detailed analysis of OTC.CA support and resistance levels.