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

Orocobre
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MACD oscillator remains negative for ORE
MACD /
MACD oscillator remains negative for ORE

[BEARISH]: Orocobre currently has negative MACD of -0.044000. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -3%.

A short term Pivot Reversal has formed with Orocobre
Pivot Reversal /
A short term Pivot Reversal has formed with Orocobre

[BEARISH]: A short term Pivot Reversal has formed with Orocobre which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 23 occurrences of this bar reversal giving a signal probability of 8.7%.

Ulcer Index /
[Low Stress]: Low drawdown associated with recent trading of ORE

[BEARISH]: Orocobre UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.762.

Elders Force Index /
[Bullish]: Elders Force Index (53703) confirms buying pressure remains

[BULLISH]: Orocobre current price has highlighted recent buying pressure. Currently, the Elders Force Index is 53703.

Elder Ray Index /
Orocobre: Elder Ray Index is 0.189 [Bullish]

[BEARISH]: OrocobreElder Ray Index is signalling a Bearish movementERI is -0.031 indicating bear power. Prices are being driven below the consensus of value for ORE during the last trading session [Selling Pressure]

Stochastic Oscillator /
ORE: Price has just dropped below the Stochastic oversold limit @27.7

[BULLISH]: Orocobre is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

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Medium Trend /
Daily trading has maintained an Uptrend medium trend for Orocobre

[BULLISH]: Orocobre has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Oct 18 2017.

The current Price/Sales ratio for Orocobre is 69.39
PROFIT /
The current Price/Sales ratio for Orocobre is 69.39

Orocobre Key financial metrics: (1) Revenue: $15.15M (2) EBITDA: $-9.08M (3) Price-Sales ratio: 69.39

Orocobre: Sellers were in control all day.
Open Tod Vs Close Tod /
Orocobre: Sellers were in control all day.

[BEARISH STRONG]: Orocobre opened in the upper part of daily range at 68.2% & closed in the lower part of the trading range at 0%. This suggests the sellers were in control all day. Over the last 12 months there has been 53 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 20.2%. Over the last month there has been 3 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 20%.

Woodie Pivot Point /
[Long]: Limit orders for Orocobre should be set at $4.96

Orocobre has broken the first Woodie support point ($4.74) [Bearish]. Look for a short limit order entry near this point. Exit price for ORE should be set @$4.685 & short position stoploss for Orocobre should be set at $5.125

High Price /
[Bearish]: Lower high has formed for ORE by -0.2 % during the last trading session

[BEARISH]: Orocobre current downtrend in the first timeframe. Currently, the HIGH is -0.2 %.

Aroon Oscillator /
[Uptrend]: Aroon oscillator @32 has confirmed an uptrend for ORE

[BULLISH]: Orocobre has a current ARU(25) of 60 and a current ARD(25) of 28

[Bearish]: Orocobre has failed to beat the previous volume by -31.4
Volume /
[Bearish]: Orocobre has failed to beat the previous volume by -31.4

[BEARISH]: Orocobre current volume downtrend in the first timeframe. Volume for ORE is1.27301e+006 (-31.4).

Orocobre: Evening Doji Star
Evening Doji Star /
Orocobre: Evening Doji Star

[BEARISH]: Orocobre has formed a new Evening Doji Star pattern.

Daily Volume Index /
ORE: Current trading activity signals DVI accumulation is active

[BULLISH]: Orocobre current accumulation has given strength to the share price and the continuation of bullish trading conditions.

Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal is confirmed for Orocobre indicating downward price movement is likely

ORE: SWMA Current Signal -> (1) 20 Oct: BULLISH (2) 19 Oct: BEARISH (3) 18 Oct: BULLISH

Fibonacci Extensions /
Orocobre has moved above the 161.8% extension level ($0) [Bearish]

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

[Uptrend]: Price for Orocobre is currently above the displaced moving average
Detrended Price Oscillator /
[Uptrend]: Price for Orocobre is currently above the displaced moving average

[BULLISH]: Orocobre currently has a confirmed uptrend. Price is currently above the displaced moving average for ORECurrently, the return on DPO20 is -3%.

The current market capitalization of Orocobre is $1.02B
TRADE /
The current market capitalization of Orocobre is $1.02B

Orocobre key financial metrics: (1) MCAP: $1.02B (2) Shares: 210320000 (3) Free Float: 188333000

Oversold signal for the Lower Envelope band is still current for Orocobre
Moving Average Envelope /
Oversold signal for the Lower Envelope band is still current for Orocobre

[BULLISH]: Orocobre current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 4.4270.

VALUE /
Orocobre: P/E ratio is 173.21

Orocobre Key financial metrics: (1) EPS: $0.09 (2) P/E Ratio: 173.21

GROWTH /
Balance sheets assets for Orocobre is $0.95

Orocobre Key financial metrics: (1) Book Value: $0.95 (2) Market-to-Book ratio: 5.25 (3) PEG Ratio: 173.21

Momentum /
Negative momentum confirmation for Orocobre is a leading indicator for continued price falls

ORE: MOM Current Signal -> (1) 20 Oct: BEARISH CROSSOVER (2) 19 Oct: BULLISH (3) 18 Oct: BULLISH

On Balance Volume /
Market conditions are indicating OBV accumulation is current for ORE

[BULLISH]: Orocobre current price has highlighted recent accumulation. Currently, the OBV is 2.43252e+007.

Recent trading for Orocobre fell short of the previous close by -3 %
Closing Price /
Recent trading for Orocobre fell short of the previous close by -3 %

[BEARISH]: Orocobre current downtrend in the first timeframe. Currently, the Close is $4.85.

Short Trend /
[Downtrend]: A lower low has been achieved for last trading day for ORE

[BEARISH]: Orocobre is in a downtrend in the short term timeframe. The sellers have dominated the daily trade, however further confirmation is required before taking a position

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