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

Orocobre
+ Share

ORE: Average Directional Index has confirmed a weak trend @16.86
Average Directional Movement /
ORE: Average Directional Index has confirmed a weak trend @16.86

[Weak Trend]: ADX for ORE has confirmed a weak trend is presentOrocobre has an ATR(14) of 0.3, a DX of 11.43 & an ADX(14) of 16.86

DPO for ORE has confirmed price is currently below the displaced moving average
Detrended Price Oscillator /
DPO for ORE has confirmed price is currently below the displaced moving average

[BEARISH]: Orocobre currently has a confirmed downtrend. Price is currently below the displaced moving average for ORECurrently, the return on DPO20 is 0.4%.

Open Tod Vs Close Tod /
Orocobre: Buyers have taken control.

[BULLISH]: Orocobre opened in the middle part of daily range at 52.9% & closed in the upper part of the trading range at 82.4%. This suggests the buyers have taken control. Over the last 12 months there has been 16 trading days with the opening price in the middle shadow & the closing the price in the upper shadow giving a confirmation ratio of 6.3%. Over the last month there has been 2 trading days with the opening price in the middle price range & the closing the price in the upper price range giving a confirmation ratio of 16.7%.

High Price /
[Bearish]: Orocobre has failed beat previous high by -0.9 %

[BEARISH]: Orocobre current downtrend in the first timeframe. Currently, the HIGH is -0.9 %.

Low Price /
Weaker price performance from ORE has seen a lower low of -0.6 % [Downtrend]

[BULLISH]: Orocobre current downtrend in the first timeframe. Currently, the Low is $6.61 (-0.6 %).

Medium Trend /
Orocobre: Uptrend for the medium term trend is continued

[BULLISH]: Orocobre has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Feb 9 2018.

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Chaikin Money Flow /
Selling pressure for Orocobre continues - bearish signal

[BEARISH]: Orocobre current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.09. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.18

Exponential Moving Average(5) signal continues for Orocobre indicating upward price movement is likely
Exponential Moving Average /
Exponential Moving Average(5) signal continues for Orocobre indicating upward price movement is likely

[BULLISH]: Orocobre currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 0.4%.

Limit order for a long position has been identified for Orocobre [Bullish]
Demarks Pivot Points /
Limit order for a long position has been identified for Orocobre [Bullish]

Orocobre has broken the first DeMark resistance point ($6.73) [Bullish]. Look for a long limit order entry near this point. Exit price for ORE should be set @$6.85 & Stoploss for Orocobre should be set at $6.68

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

ORE: SWMA Current Signal -> (1) 19 Feb: BEARISH (2) 16 Feb: BEARISH (3) 15 Feb: BEARISH

Fibonacci Extensions /
The 161.8% Fibonacci extension level for ORE has moved to the upper limit. Stoploss should be positioned @$0

Orocobre has moved above the 161.8% level ($0) [Bearish]. Look for a short limit order entry near this point. Exit price for ORE should be set @$0 & short position stoploss for Orocobre should be set at $0

MACD Volume /
Orocobre: Volume MACD oscillator (-176134)

[BEARISH]: Orocobre currently has negative Volume MACD of -176134. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Orocobre: Simple Moving Average(5) (6.738)
Simple Moving Average /
Orocobre: Simple Moving Average(5) (6.738)

ORE: SMA Recent Trading -> (1) 19 Feb: 6.738 (2) 16 Feb: 6.66 (3) 15 Feb: 6.584

Traders are currently distributing Orocobre
Daily Volume Index /
Traders are currently distributing Orocobre

[BEARISH]: Orocobre current distribution has given weakness to the share price and the continuation of bearish trading conditions.

MACD /
Positive momentum on the MACD histogram for ORE has been confirmed & supports a bullish move is likely

[BULLISH CROSSOVER]: Orocobre currently has positive MACD of 0.015000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 0%.

Weighted Moving Average /
[Uptrend]: Recent trading for ORE indicates ST trend is likely to continue

[BULLISH]: Orocobre currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.4%.

Elders Force Index /
Elders Force Index (-112574) has signalled selling pressure has continued for ORE

[BEARISH]: Orocobre current price has highlighted recent selling pressure. Currently, the Elders Force Index is -112574.

Market conditions are indicating distribution is current for ORE
Accumulation / Distribution /
Market conditions are indicating distribution is current for ORE

[BEARISH]: Orocobre current distribution has given weakness to the share price and the continuation of bearish trading conditions.

[Downtrend]: Average True Range (0.3) downtrend has been confirmed for ORE
Average True Range /
[Downtrend]: Average True Range (0.3) downtrend has been confirmed for ORE

[Bearish]: Average True Range has confirmed an downtrend is present. Orocobre has a TR of 0.17, and an ATR(14) of 0.3.

Rate of change(14) is decreasing for Orocobre
Rate of Change /
Rate of change(14) is decreasing for Orocobre

ORE: ROC Current Signal -> (1) 19 Feb: BEARISH (2) 16 Feb: BEARISH CROSSOVER (3) 15 Feb: BEARISH CROSSOVER

Closing Price /
Close for ORE has surpassed the close of the previous trading session

ORE: CLOSE Current Signal -> (1) 19 Feb: BULLISH (2) 16 Feb: BEARISH (3) 15 Feb: BULLISH

Ease of Movement /
Orocobre was easily moved downward on high volume in recent trading

[BEARISH]: Orocobre current price have moved downwards on high volume. Currently, the Ease of Movement is -0.873

White Candle /
ORE Basic Candle: White

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

Percentage Price /
Orocobre: Price Percentage Oscillator

[BEARISH]: Orocobre currently has negative PPO -0.600%. This means the current price is losing momentum through a fall on the short term exponential moving average.

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

[BEARISH]: Orocobre opening price has gapped down. Currently, the OPEN is $6.7 (-1.5 %).

Ulcer index has increased as the price has fallen for Orocobre
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 8.955.

Volume /
Orocobre: Daily volume performance is -38 [Downtrend]

[BEARISH]: Orocobre current volume downtrend in the first timeframe. Volume for ORE is973519 (-38).

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