Technical analysis from Orocobre (ORE.AX, ASX:ORE.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Orocobre
+ Share

Sellers of Orocobre were in control at the market close.
Close Tod Vs Range Tod /
Sellers of Orocobre were in control at the market close.

ORE: Close versus price range Current Signal ->(1) 19 Jun: BEARISH (2) 18 Jun: BEARISH (3) 15 Jun: BEARISH

ORE Basic Candle: White
White Candle /
ORE Basic Candle: White

[BULLISH]: Orocobre has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

Volume Rate of Change /
Volume rate of change is now falling for Orocobre signalling an downtrend will persist

[BEARISH CROSSOVER]: Orocobre currently has negative rate of change of -11%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 1.7%.

Demarks Pivot Points /
Orocobre: Look for a long limit order entry @$5.2975

Orocobre has broken the first DeMark resistance point ($5.2975) [Bullish]. Look for a long limit order entry near this point. Exit price for ORE should be set @$5.365 & Stoploss for Orocobre should be set at $5.235

Ulcer Index /
Ulcer index has increased as the price has fallen for Orocobre

[BULLISH]: Orocobre UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 12.987.

Opening Price /
Price for ORE has opened stronger than close of the previous trading session

[BULLISH]: Orocobre opening price has gapped up. Currently, the OPEN is $5.23 (0.6 %).

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Pivot Points /
Pivot point for ORE is bullish. Stoploss should be positioned @$5.147

Orocobre has broken the first resistance point ($5.324) [Bullish]. Look for a long limit order entry near this point. Exit price for ORE should be set @$5.407 & Stoploss for Orocobre should be set between $5.147 & $5.064

Recent trading for ORE has beaten the previous high by 2.5 % [Uptrend]
High Price /
Recent trading for ORE has beaten the previous high by 2.5 % [Uptrend]

[BULLISH]: Orocobre current uptrend in the first timeframe. Currently, the HIGH is 2.5 %.

MACD /
The MACD continues to fall below the signal line for ORE [Bearish]

[BEARISH]: Orocobre currently has negative MACD of -0.0674. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -7.9%.

Bill Williams Market Facilitation /
Recent trading has confirmed a Green Day for Orocobre

Orocobre Currently is a confirmed Green Day. Both MFI & volume are down for ORE. Trend continuation likely for ORE from increased trading activity.

Woodie Pivot Point /
Orocobre has broken the first Woodie resistance point ($5.306) [Bullish]

Orocobre current pivot point (Woodie) is: $5.268. The current resistance levels are: (R1) $5.306: (R2) $5.398The current support levels are: (S1) $5.176: (S2) $5.138

ORE: Short term trend has confirmed a rally day
Coles Reaction Day /
ORE: Short term trend has confirmed a rally day

Orocobre: Coles Rally Day has been confirmed A higher high has been achieved for last trading day for ORE

Orocobre is in a short term uptrend with the support price @$5.136
Simple Moving Average /
Orocobre is in a short term uptrend with the support price @$5.136

ORE: SMA(5) Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH CROSSOVER (3) 15 Jun: BEARISH CROSSOVER

Fibonacci Extensions /
The 161.8% Fibonacci extension level for ORE has moved to the upper limit. Stoploss should be positioned @$1.58

Orocobre has moved above the 161.8% level ($1.34) [Bearish]. Look for a short limit order entry near this point. Exit price for ORE should be set @$1.1 & short position stoploss for Orocobre should be set at $1.58

Open Tod Vs Close Tod /
Orocobre: Over the last month there has been 1 trading days giving a confirmation ratio of 8.3%.

[BEARISH]: Orocobre opened in the lower part of daily range at 0% & closed in the lower part of the trading range at 7.7%. This suggests the buyers have lost control. Over the last 12 months there has been 13 trading days with the opening price in the lower shadow & the closing the price in the lower shadow giving a confirmation ratio of 4.9%. Over the last month there has been 1 trading days with the opening price in the lower price range & the closing the price in the lower price range giving a confirmation ratio of 8.3%.

Shooting Star /
Orocobre: Shooting Star

[BULLISH]: Orocobre has formed a new Shooting Star pattern.

[Bearish]: Continued selling pressure for Orocobre has been confirmed
Elders Force Index /
[Bearish]: Continued selling pressure for Orocobre has been confirmed

[BEARISH]: Orocobre current price has highlighted recent selling pressure. Currently, the Elders Force Index is -125113.

Orocobre was difficult to move upward due to high volume in recent trading [Bullish]
Ease of Movement /
Orocobre was difficult to move upward due to high volume in recent trading [Bullish]

ORE: EOM Recent Trading -> (1) 19 Jun: 1.337 (2) 18 Jun: -0.24 (3) 15 Jun: 1.322

PPO has negative momentum signalling a continuation of downward price fall for ORE
Percentage Price /
PPO has negative momentum signalling a continuation of downward price fall for ORE

[BEARISH]: Orocobre currently has negative PPO -2.599%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Daily Volume Index /
Orocobre: Current trading activity signals DVI distribution is present

[BEARISH]: Orocobre current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -6105.

MACD Volume /
Volume MACD oscillator is now negative for ORE

[BEARISH CROSSOVER]: Orocobre currently has negative Volume MACD of -44806. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Triangular Moving Average /
The TMA trend following signal is now active for Orocobre [Bullish]

[BULLISH]: Orocobre currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 1.7%.

Accumulation / Distribution /
Distribution still active for Orocobre

[BEARISH]: Orocobre current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -7.62999e+006.

Confirmation of Orocobre is currently being distributed via OBV
On Balance Volume /
Confirmation of Orocobre is currently being distributed via OBV

[BEARISH]: Orocobre current price has highlighted recent distribution. Currently, the OBV is -9.46614e+006.

The SWMA trend following signal is still current for Orocobre [Bullish]
Sine Weighted Moving Average /
The SWMA trend following signal is still current for Orocobre [Bullish]

ORE: SWMA Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

Low Price /
Orocobre: Daily low performance is 1.9 % [Uptrend]

ORE: LOW Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

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