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

Oz Minerals
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Oversold signal for the Stochastic Oscillator is still current for Oz Minerals
Stochastic Oscillator /
Oversold signal for the Stochastic Oscillator is still current for Oz Minerals

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

Oz Minerals: Rate of Change (14)
Rate of Change /
Oz Minerals: Rate of Change (14)

[BEARISH]: Oz Minerals currently has negative rate of change of -1.816%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Momentum /
Momentum(5) is decreasing for Oz Minerals

OZL: MOM Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

MACD Volume /
[Bullish]: Oz Minerals currently has positive Volume MACD histogram 42321

[BULLISH]: Oz Minerals currently has positive Volume MACD of 42321. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

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

OZL: MACD Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

Exponential Moving Average /
[Bearish]: EMA(5) is serving as a resistance line for Oz Minerals

[BEARISH]: Oz Minerals 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 -0.1%.

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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 47 & the highest rally count for the LTM is 82. The highest rally for the month is 15

Daily trading performance for OZL has initiated a short term downtrend
Close Tod Vs Close Yest /
Daily trading performance for OZL has initiated a short term downtrend

[BEARISH]: Oz Mineralssellers are keener than buyers and are driving the price down. This is the first day of price decline for OZL adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -3.8 & the greatest daily negative change this year has been -4.3. The longest consecutive downswing rally over the last 12 months has been 6 days giving a total rally downward movement of -9%. This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -6.6%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.2x. Over the last month the average daily downward movement has been -1.600000%

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

[BEARISH]: Oz Minerals current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -997.

Long Trend /
OZL: Long term trend is still an Uptrend

OZL: Long Term Trend Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

Volume Rate of Change /
VROC continues to rise for Oz Minerals signalling an uptrend will persist

[BULLISH]: Oz Minerals currently has positive volume of change of 119%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.1%.

Elder Ray Index /
[Bear Power]: ERI has increased for Oz Minerals during the last trading session

[BEARISH]: Oz Minerals Elder Ray Index is signalling a Bearish movementERI is -0.373 indicating bear power. Prices are being driven below the consensus of value for OZL during the last trading session [Selling Pressure]

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

OZL: SMA(5) Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

Triangular Moving Average(5) signal continues for Oz Minerals indicating downward price movement is likely
Triangular Moving Average /
Triangular Moving Average(5) signal continues for Oz Minerals indicating downward price movement is likely

[BEARISH]: Oz Minerals 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 -0.1%.

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

Oz Minerals has broken the first DeMark support point ($9.7525) [Bearish]. Look for a short limit order entry near this point. Exit price for OZL should be set @$9.6850 & short position stoploss for Oz Minerals should be set at $9.865

Opening Price /
OZL opening price of $9.72 (-1.7 %)

[BEARISH]: Oz Minerals opening price has gapped down. Currently, the OPEN is $9.72 (-1.7 %).

Percentage Volume /
Oz Minerals: Percentage Volume Oscillator (11.74)

OZL: PVO Recent Trading -> (1) 22 Jun: 11.74 (2) 21 Jun: 14.46 (3) 20 Jun: 14.99

Oz Minerals: Closing price $9.73 is below the SWMA(5) @$9.806
Sine Weighted Moving Average /
Oz Minerals: Closing price $9.73 is below the SWMA(5) @$9.806

OZL: SWMA Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

Ulcer index has increased as the price has fallen for Oz Minerals
Ulcer Index /
Ulcer index has increased as the price has fallen for Oz Minerals

[BULLISH]: Oz Minerals UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 5.369.

Oz Minerals: Direction, extent & volume have decreased in recent trading [Selling Pressure]
Elders Force Index /
Oz Minerals: Direction, extent & volume have decreased in recent trading [Selling Pressure]

[BEARISH]: Oz Minerals current price has highlighted recent selling pressure. Currently, the Elders Force Index is -66917.

Aroon Oscillator /
Oz Minerals: ARO(32) has signalled an uptrend is current

[BULLISH]: Oz Minerals has a current ARO(25) of 32. This has change 0 points from yesterday.

Accumulation / Distribution /
Traders are currently accumulating Oz Minerals

OZL: ADLINE Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

High Price /
High for OZL has not surpassed the high of the previous trading session

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

Closing Price /
Recent trading for Oz Minerals fell short of the previous close by -0.1 %

OZL: CLOSE Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: NEUTRAL (3) 20 Jun: BEARISH

Oz Minerals: Price Percentage Oscillator Crossover
Percentage Price /
Oz Minerals: Price Percentage Oscillator Crossover

OZL: PPO Current Signal -> (1) 22 Jun: BEARISH CROSSOVER (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

Oz Minerals: Daily volume is 1.69355e+006 [Lower Volume]
Volume /
Oz Minerals: Daily volume is 1.69355e+006 [Lower Volume]

[BEARISH]: Oz Minerals current volume downtrend in the first timeframe. Volume for OZL is 1.69355e+006 (-24.5).

Pivot Points /
Short positions for Oz Minerals should be set between $9.73 & $9.64

Oz Minerals has broken the first support point ($9.64) [Bearish]. Look for a short limit order entry near this point. Exit price for OZL should be set @$9.55 & short position stoploss for Oz Minerals should be set between $9.91 & $10

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