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

Oz Minerals
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Oz Minerals has broken above the 161.8% extension level ($3.38) [Bearish]
Fibonacci Extensions /
Oz Minerals has broken above the 161.8% extension level ($3.38) [Bearish]

Oz Minerals has moved above the 161.8% level ($3.38) [Bearish]. Look for a short limit order entry near this point. Exit price for OZL should be set @$4.5 & short position stoploss for Oz Minerals should be set at $2.26

OZL: The current assets are valued at $7.98
GROWTH /
OZL: The current assets are valued at $7.98

Oz Minerals Key financial metrics: (1) Book Value: $7.98 (2) Market-to-Book ratio: 1.02 (3) PEG Ratio: 16.05

Moving Average Envelope /
Overbought signal has just been triggered for Oz Minerals

[BEARISH CROSSOVER]: Oz Minerals current price has driven Envelope Bands to become overbought signalling the start of bearish trading conditions. Currently, the Upper Band is 8.3580.

Ease of Movement /
Oz Minerals was difficult to move upward due to high volume in recent trading [Bullish]

OZL: EOM Recent Trading -> (1) 17 Oct: 2.915 (2) 16 Oct: 1.94 (3) 13 Oct: 1.578

Chaikin Money Flow /
CMF signal weak with no direction clear for OZL

OZL: Chaikin Oscillator Current Signal -> (1) 17 Oct: NEUTRAL (2) 16 Oct: BEARISH (3) 13 Oct: BEARISH CROSSOVER

Long Trend /
Third timeframe trend of Oz Minerals remains as an Uptrend

[BULLISH]: Oz Minerals has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Oct 17 2017.

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Price Range /
Oz Minerals: Daily price range is $0.28 [Uptrend]

[BULLISH]: Oz Minerals current uptrend in the first timeframe. Currently, the Range is $0.28.

Oz Minerals has reached a higher closing price of $8.52 (4.3 %)
Closing Price /
Oz Minerals has reached a higher closing price of $8.52 (4.3 %)

[BULLISH]: Oz Minerals current uptrend in the first timeframe. Currently, the Close is $8.52.

Daily trading performance for OZL has continued a short term uptrend
Close Tod Vs Close Yest /
Daily trading performance for OZL has continued a short term uptrend

[BULLISH]: Oz Mineralsbuyers are keener than sellers and are driving the price up. There has been 6 consecutive days of price rise for OZL adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 4.3 & the greatest daily positive change this year has been 5.7. The longest consecutive upswing rally over the last 12 months has been 8 days giving a total rally upward movement of 13.8%. This quarter, the largest upswing rally has been 6 days giving a total rally upward movement of 8.9%. 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 1x. Over the last month the average daily upward movement has been 1.4%

Accumulation / Distribution /
Accumulation signal for Oz Minerals is confirmed

[BULLISH CROSSOVER]: Oz Minerals current price has highlighted the commencement of accumulation and the start of bullish trading conditions.

Pivot Points /
Stoploss for Oz Minerals should be set between $8.173 & $8.066

Oz Minerals has broken the first resistance point ($8.626) [Bullish]. Look for a long limit order entry near this point. Exit price for OZL should be set @$8.733 & Stoploss for Oz Minerals should be set between $8.173 & $8.066

Opening Price /
Recent trading for Oz Minerals has opened 1.7 % higher than previous session

[BULLISH]: Oz Minerals opening price has gapped up. Currently, the OPEN is $8.3 (1.7 %).

OZL: Price has just risen above the Upper Bollinger Band @$8.35
Bollinger Bands /
OZL: Price has just risen above the Upper Bollinger Band @$8.35

[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 113.72% with a current width of 15.83.

Oz Minerals: Uptrend for the daily trend is continued
Short Trend /
Oz Minerals: Uptrend for the daily trend is continued

[BULLISH]: Oz Minerals is in an uptrend in the short term timeframe. The current rally number is 3 & the highest rally count for the LTM is 6

Percentage Volume /
Oz Minerals: Percentage Volume Oscillator @-8.9 [Bearish]

[BEARISH]: Oz Minerals currently has negative PVO -8.9%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 12%.

Range Tod Vs Range Yest /
Expanding price range for OZL signalling buyers continue to be more eager

[BULLISH]: Oz Mineralsbuyers are increasingly eager. There has been 3 consecutive days of range increase for OZL adding strength to an uptrend in the first timeframe. The biggest price range this month has been $1.16 & the greatest daily price range this year has been $3.77. The price range ratio this week versus the quarterly price range is 0.4x & the price range ratio this month versus the year to date price range is 0.3x.

White Candle /
OZL Basic Candle: White

OZL: Basic Candlestick Current Signal -> (1) 17 Oct: BULLISH (2) 16 Oct: NEUTRAL (3) 13 Oct: BULLISH

The Volume MACD has now risen above the signal line for OZL [Bullish Crossover]
MACD Volume /
The Volume MACD has now risen above the signal line for OZL [Bullish Crossover]

[BULLISH CROSSOVER]: Oz Minerals currently has positive Volume MACD of 66089. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Oz Minerals: Current trading activity signals DVI distribution is present
Daily Volume Index /
Oz Minerals: Current trading activity signals DVI distribution is present

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

Oz Minerals: Closing price $8.52 is above the TMA(5) @$7.944
Triangular Moving Average /
Oz Minerals: Closing price $8.52 is above the TMA(5) @$7.944

[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 4.3%.

Elder Ray Index /
[Bull Power]: Prices are being driven above the consensus of value for OZL during the last trading session

[BULLISH]: Oz MineralsElder Ray Index is signalling a Bullish movementERI is 0.577 indicating bull power. Prices are being driven above the consensus of value for OZL during the last trading session [Buying Pressure]

VALUE /
Oz Minerals: Price Earnings Ratio (16.05)

Oz Minerals Key financial metrics: (1) EPS: $0.53 (2) P/E Ratio: 16.05

Medium Trend /
Daily bar has confirmed a second timeframe Uptrend for OZL

OZL: Medium Term Current Signal -> (1) 17 Oct: BULLISH CONFIRM (2) 16 Oct: BEARISH (3) 13 Oct: BEARISH CONFIRM

Momentum /
5-day momentum is increasing for Oz Minerals

[BULLISH]: Oz Minerals currently has positive momentum of 0.655. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 4.3%. The largest upward momentum rally for the last 3 months is 12 days producing a return of 14%%.

Oz Minerals: Elders Force Index (840538)
Elders Force Index /
Oz Minerals: Elders Force Index (840538)

[BULLISH]: Oz Minerals current price has highlighted recent buying pressure. Currently, the Elders Force Index is 181332.

[Bullish]: Trend following indicator for OZL highlights upward price direction is likely
Exponential Moving Average /
[Bullish]: Trend following indicator for OZL highlights upward price direction is likely

[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 4.3%.

Coles Reaction Day /
Oz Minerals: Coles Indicator (Coles Rally Day)

Oz Minerals: Coles Rally Day has been confirmed A higher high has been achieved for last trading day for OZL

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