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

Orocobre
+ Share

Orocobre: Daily Downtrend has been confirmed
Short Trend /
Orocobre: Daily Downtrend has been confirmed

[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

Orocobre: Daily volume performance is -11.7 [Downtrend]
Volume /
Orocobre: Daily volume performance is -11.7 [Downtrend]

[BEARISH]: Orocobre current volume downtrend in the first timeframe. Volume for ORE is1.68239e+006 (-11.7).

Commodity Channel Index /
The current price level for Orocobre has fallen below the average

[BULLISH CROSSOVER]: Orocobre current price has driven Commodity Channel Index to become oversold signalling the start of bullish trading conditions. Currently, the CCI is -101. During the quarter, the lowest CCI value was -203. The last oversold signal occurred on Dec 11 2017

Price Range /
Range for ORE has surpassed the range of the previous trading session

[BULLISH]: Orocobre current uptrend in the first timeframe. Currently, the Range is $0.2.

Pivot Points /
Stoploss for Orocobre should be set between $5.477 & $5.354

Orocobre has broken the first resistance point ($5.754) [Bullish]. Look for a long limit order entry near this point. Exit price for ORE should be set @$5.877 & Stoploss for Orocobre should be set between $5.477 & $5.354

Open Tod Vs Close Tod /
Orocobre opened in the upper part of daily range at 75% & closed in the lower part of the trading range at 15%. This suggests the sellers were in control all day.

[BEARISH STRONG]: Orocobre opened in the upper part of daily range at 75% & closed in the lower part of the trading range at 15%. This suggests the sellers were in control all day. Over the last 12 months there has been 51 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 19.4%. Over the last month there has been 2 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 25%.

Top companies for
Australian Stock Exchange
Advertisment
Ulcer Index /
Orocobre: Ulcer Index 7.188 [High Stress]

[BULLISH]: Orocobre UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 7.188.

Recent trading indicates Aroon downward trend direction likely for ORE [Downtrend]
Aroon Oscillator /
Recent trading indicates Aroon downward trend direction likely for ORE [Downtrend]

[BEARISH]: Orocobre has a current ARO(25) of -16. This has change 0 points from yesterday.

Orocobre: Daily high price is $5.8 [Lower High]
High Price /
Orocobre: Daily high price is $5.8 [Lower High]

[BEARISH]: Orocobre current downtrend in the first timeframe. Currently, the HIGH is -0.7 %.

Accumulation / Distribution /
Accumulation still active for Orocobre

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

Rate of Change /
Orocobre: Rate of Change (14)

ORE: ROC Current Signal -> (1) 12 Dec: BEARISH (2) 11 Dec: BEARISH (3) 08 Dec: BEARISH

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 -130708.

Orocobre is in a short term downtrend with the closing price @$5.63
Sine Weighted Moving Average /
Orocobre is in a short term downtrend with the closing price @$5.63

[BEARISH]: Orocobre currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.9%.

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

[BEARISH]: Orocobre currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.9%.

Triangular Moving Average /
Price continues to trade below the Triangular Moving Average(5) for ORE

[BEARISH]: Orocobre currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.9%.

MACD Volume /
Volume MACD for Orocobre continues to gain momentum @22991)

[BULLISH]: Orocobre currently has positive Volume MACD of 22991. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Percentage Price /
PPO: The shorter moving average for OREis still above the longer term moving average

[BULLISH]: Orocobre currently has positive PPO 1.100%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Orocobre: Sellers are in control at the market close.
Close Tod Vs Range Tod /
Orocobre: Sellers are in control at the market close.

[BEARISH]: Orocobre sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range for Orocobre adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 251 trading days with the closing price in the lower part of the range giving a confirmation ratio of 95.4%. Over the last month there has been 3 trading days with the closing price in the lower range giving a confirmation ratio of 37.5%. Currently this quarter, closing price has spent 37 days in the lower price range compared to 35 days in the upper range giving a ratio of 1.1x.

ORE Basic Candle: Black
Black Candle /
ORE Basic Candle: Black

[BEARISH]: Orocobre has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Initiation of oversold signal for Orocobre
Williams %R /
Initiation of oversold signal for Orocobre

ORE: William %R Current Signal -> (1) 12 Dec: BULLISH CROSSOVER (2) 11 Dec: NEUTRAL (3) 08 Dec: BEARISH CROSSUNDER

Simple Moving Average /
The SMA trend following signal is still current for Orocobre [Bearish]

[BULLISH]: Orocobre currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -0.9%.

Volume Rate of Change /
Negative VROC: Volume is now lower for Orocobre than 14 days ago

[BEARISH CROSSOVER]: Orocobre currently has negative rate of change of -17%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -0.9%.

Average True Range /
Average True Range for Orocobre has signalled an downtrend is active

ORE: Average True Range Recent Trading -> (1) 12 Dec: 0.235 (2) 11 Dec: 0.238 (3) 08 Dec: 0.241

Average Directional Movement /
Orocobre has signalled an Average Directional Index strong trend present

[Trend]: ADX for ORE has confirmed a strong trend is presentOrocobre has an ATR(14) of 0.235, a DX of 2.21 & an ADX(14) of 31.35

Orocobre has broken above the 161.8% extension level ($0.31) [Bearish]
Fibonacci Extensions /
Orocobre has broken above the 161.8% extension level ($0.31) [Bearish]

Orocobre: The current Fibonacci Extension levels are: (23.61%) $5.7: (38.2%) $5.85: (50%) $5.96: (61.8%) $6.08The current support levels are: (78.6%) $6.25: (100%) $6.46: (138.2%) $6.85: (161.8%) $7.08: (261.8%) $8.08: (423.61%) $9.7

Orocobre: Range Performance (2.6)
Range Tod Vs Range Yest /
Orocobre: Range Performance (2.6)

ORE: Range today versus range yesterday Current Signal ->(1) 12 Dec: BULLISH (2) 11 Dec: BEARISH (3) 08 Dec: BEARISH

Opening Price /
ORE opening price of $5.75 (0 %)

[BULLISH]: Orocobre opening price has gapped up. Currently, the OPEN is $5.75 (0 %).

See More   See more results
Advertisment
Advertisment
back to top