OCUMETICS TECHNOLOGY CORP (OTC.CA) Stock Technical Analysis
TSX-V:OTC - TSX Venture Exchange - CA67577H1047 - Common Stock - Currency: CAD
Taking everything into account, OTC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OTC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, OTC did better than 78% of all other stocks. We also observe that the gains produced by OTC over the past year are nicely spread over this period.
OTC is part of the Health Care Equipment & Supplies industry. There are 14 other stocks in this industry. OTC outperforms 84% of them.
OTC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OTC is performing more or less in line with the market.
In the last month OTC has a been trading in the 0.28 - 0.40 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although OTC 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
0.30
0.38
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.30 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 | UP | POSITIVE | The long term trend for OTC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OTC.CA is up. |
| ChartMill Relative Strength | 78.47 | POSITIVE | OTC.CA has a high relative strength, it outperformed 78.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OTC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OTC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OTC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.11 | NEUTRAL | The RSI value for OTC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OTC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.08 | OVERBOUGHT | The high Stochastics value suggests OTC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for OTC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.45 | POSITIVE | The high ADX value value for OTC.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:OTC (6/4/2025, 7:00:00 PM)
0.375
-0.02 (-3.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-3.85%
1 Week-2.6%
2 Weeks4.17%
1 Month33.93%
3 Month13.64%
6 Month19.05%
12 Month22.95%
2 Year13.64%
3 Year0%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%4.6%
ATR Inc21.74%
Range Today0.02
ADR(20)0.02
ADR(20)%4.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.47
Mansfield1.18
10 Day High0.4
10 Day Low0.36
20 Day High0.4
20 Day Low0.28
52 Week High0.4
52 Week Low0.26
CS1 End0.36
CR1 StartN/A
Volume & EV
DER(3)4.68%
DER(5)7.89%
Volume14.10K
Volume Incr-44.22%
Vol(5)18.97K
Vol(50)31.06K