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

Oz Minerals
+ Share

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

[BEARISH]: Oz Minerals current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -1.87075e+006. day.

Oz Minerals: On Balance Volume (4.92691e+006)
On Balance Volume /
Oz Minerals: On Balance Volume (4.92691e+006)

[BULLISH]: Oz Minerals current price has highlighted recent accumulation. Currently, the OBV is 4.92691e+006.

Percentage Volume /
Negative momentum on volume for OZL is maintained & supports a bearish move is likely

OZL: PVO Recent Trading -> (1) 19 Apr: -4.78 (2) 18 Apr: -9.15 (3) 17 Apr: -12.41

Elder Ray Index /
[Bullish]: Recent trading has driven price above the consensus of value for OZL

[BULLISH]: Oz MineralsElder Ray Index is signalling a Bullish movementERI is 0.383 indicating bull power. Prices are being driven above the consensus of value for OZL during the last trading session [Buying Pressure]

Fibonacci Extensions /
Stoploss for Oz Minerals should be set at $7.02

Oz Minerals has moved above the 161.8% level ($8) [Bearish]. Look for a short limit order entry near this point. Exit price for OZL should be set @$8.98 & short position stoploss for Oz Minerals should be set at $7.02

Moving Average Envelope /
Envelope bands Oversold signal is still current for Oz Minerals [Bullish]

[BULLISH]: Oz Minerals current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 8.6925.

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Momentum /
Momentum(5) is increasing for Oz Minerals

[BULLISH]: Oz Minerals currently has positive momentum of 0.35. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 2.2%. The largest upward momentum rally for the last 3 months is 4 days producing a return of 2.2%%.

Oz Minerals: Daily volume performance is 18.6 [Uptrend]
Volume /
Oz Minerals: Daily volume performance is 18.6 [Uptrend]

[BULLISH]: Oz Minerals current volume uptrend in the first timeframe. Volume for OZL is2.02183e+006 (18.6).

[Bullish]: SWMA(5) is serving as a support line for Oz Minerals
Sine Weighted Moving Average /
[Bullish]: SWMA(5) is serving as a support line for Oz Minerals

[BULLISH]: Oz Minerals currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 2.2%.

Triangular Moving Average /
OZL: Price continues to move above the TMA(5) @$8.98

[BULLISH]: Oz Minerals 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 2.2%.

Daily Volume Index /
DVI: Accumulation still active for Oz Minerals

[BULLISH]: Oz Minerals current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 1159.

Price Range /
Oz Minerals: Daily price tange is $0.2 [Increasing Range]

OZL: Price Range Current Signal -> (1) 19 Apr: NEUTRAL (2) 18 Apr: BULLISH (3) 17 Apr: BEARISH

OZL Basic Candle: Black
Black Candle /
OZL Basic Candle: Black

OZL: Basic Candlestick Current Signal -> (1) 19 Apr: BEARISH (2) 18 Apr: BEARISH (3) 17 Apr: BULLISH

Oz Minerals: Daily performance is 2.2000000000000000 % [Uptrend]
Closing Price /
Oz Minerals: Daily performance is 2.2000000000000000 % [Uptrend]

[BULLISH]: Oz Minerals current uptrend in the first timeframe. Currently, the Close is $9.34.

Williams %R /
Initiation of overbought signal for Oz Minerals [Bearish Crossover]

OZL: William %R Current Signal -> (1) 19 Apr: BEARISH CROSSOVER (2) 18 Apr: NEUTRAL (3) 17 Apr: NEUTRAL

Medium Trend /
Oz Minerals: 2nd timeframe trend Uptrend remains intact

[BULLISH]: Oz Minerals is in an uptrend in the medium term timeframe. The current rally number is 2 & the highest rally count for the LTM is 83. The highest rally for the month is 14

MACD /
MACD for Oz Minerals continues to gain momentum @0.036000

[BULLISH]: Oz Minerals currently has positive MACD of 0.036000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 2.2%.

Limit order for a long position has been identified for Oz Minerals [Bullish]
Pivot Points /
Limit order for a long position has been identified for Oz Minerals [Bullish]

Oz Minerals has broken the first resistance point ($9.444) [Bullish]. Look for a long limit order entry near this point. Exit price for OZL should be set @$9.547 & Stoploss for Oz Minerals should be set between $9.147 & $9.044

[Long]: Limit orders for Oz Minerals should be set at $9.44
Woodie Pivot Point /
[Long]: Limit orders for Oz Minerals should be set at $9.44

Oz Minerals has broken the first Woodie resistance point ($9.44) [Bullish]. Look for a long limit order entry near this point. Exit price for OZL should be set @$9.545 & Stoploss for Oz Minerals should be set at $9.145

Price spike from high volume trading for Oz Minerals during last trading session
Ease of Movement /
Price spike from high volume trading for Oz Minerals during last trading session

OZL: EOM Recent Trading -> (1) 19 Apr: 1.088 (2) 18 Apr: 3.461 (3) 17 Apr: 1.735

Close Tod Vs Close Yest /
This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 5.5%

[BULLISH]: Oz Mineralsbuyers are keener than sellers and are driving the price up. There has been 3 consecutive days of price rise for OZL adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 2.5 & the greatest daily positive change this year has been 5.4. The longest consecutive upswing rally over the last 12 months has been 11 days giving a total rally upward movement of 13.8%. This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 5.5%. The win ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1.1x. Over the last month the average daily upward movement has been 1.2%

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

Oz Minerals has broken the first DeMark resistance point ($9.3225) [Bullish]. Look for a long limit order entry near this point. Exit price for OZL should be set @$9.395 & Stoploss for Oz Minerals should be set at $9.195

Coles Reaction Day /
Daily trading produced a rally day for Oz Minerals

OZL: CRD Current Signal -> (1) 19 Apr: BULLISH (2) 18 Apr: BULLISH (3) 17 Apr: BULLISH

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

[BULLISH]: Oz Minerals 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 2.2%.

Closing price for OZL has crossed above the upper Bollinger Band triggering a bearish crossover signal
Bollinger Bands /
Closing price for OZL has crossed above the upper Bollinger Band triggering a bearish crossover signal

[BEARISH CROSSOVER]: Oz Minerals has initiated a Overbought signal, highlighting the potential for a short term trend reversal in the downward direction. The current level is 121.03% with a current width of 4.79.

Oz Minerals: Aroon oscillator (-12) has confirmed a downtrend is present
Aroon Oscillator /
Oz Minerals: Aroon oscillator (-12) has confirmed a downtrend is present

[BEARISH]: Oz Minerals has a current ARU(25) of 20 and a current ARD(25) of 32

Long Trend /
Daily bar has maintained 3rd timeframe Uptrend for OZL

OZL: Long Term Trend Recent Trading -> (1) 19 Apr: Uptrend (2) 18 Apr: Uptrend (3) 17 Apr: Uptrend

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