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

Oz Minerals
+ Share

Oz Minerals: Over the last 12 months there has been 54 trading days giving a confirmation ratio of 20.5%.
Open Tod Vs Close Tod /
Oz Minerals: Over the last 12 months there has been 54 trading days giving a confirmation ratio of 20.5%.

[BEARISH STRONG]: Oz Minerals opened in the upper part of daily range at 80% & 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 54 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 20.5%. 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 37.5%.

Oz Minerals currently has negative rate of change for -4.492
Rate of Change /
Oz Minerals currently has negative rate of change for -4.492

[BEARISH]: Oz Minerals currently has negative rate of change of -4.5%. 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

Elders Force Index /
Recent trading highlights continued selling pressure is present for OZL

[BEARISH]: Oz Minerals current price has highlighted recent selling pressure. Currently, the Elders Force Index is -87782.

Average Directional Movement /
Oz Minerals: Average Directional Index (17.04) has confirmed a weak trend is present

[Weak Trend]: ADX for OZL has confirmed a weak trend is presentOz Minerals has an ATR(14) of 0.2, a DX of 5.25 & an ADX(14) of 17.04

Volume /
Oz Minerals has failed to achieve a lower volume of 1.4014e+006 (-32.5)

OZL: VOLUME Current Signal -> (1) 12 Dec: BEARISH (2) 11 Dec: BULLISH (3) 08 Dec: BEARISH

Momentum /
Oz Minerals: Momentum(5)

[BEARISH]: Oz Minerals currently has negative momentum of -0.13 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is 0.1%.The largest downward momentum rally for the last 3 months is 9 days producing a return of -5.2%%.

Top companies for
Australian Stock Exchange
Advertisment
Aroon Oscillator /
OZL: Aroon oscillator has confirmed a strong downtrend @-76

[BEARISH]: Oz Minerals has a current ARU(25) of 16 and a current ARD(25) of 92

Oz Minerals: Current trading activity signals OBV accumulation is present
On Balance Volume /
Oz Minerals: Current trading activity signals OBV accumulation is present

[BULLISH]: Oz Minerals current price has highlighted recent accumulation. Currently, the OBV is 2.09595e+006.

Recent trading for Oz Minerals fell short of the previous price range ($0.15)
Price Range /
Recent trading for Oz Minerals fell short of the previous price range ($0.15)

OZL: Price Range Current Signal -> (1) 12 Dec: BEARISH (2) 11 Dec: BULLISH (3) 08 Dec: BEARISH

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

Oz Minerals has broken the first Woodie resistance point ($8.154) [Bullish]. Look for a long limit order entry near this point. Exit price for OZL should be set @$8.267 & Stoploss for Oz Minerals should be set at $7.967

Fibonacci Extensions /
Limit order for a short position has been identified for Oz Minerals @$7.08

Oz Minerals has moved above the 161.8% level ($7.08) [Bearish]. Look for a short limit order entry near this point. Exit price for OZL should be set @$6.08 & short position stoploss for Oz Minerals should be set at $8.08

Stochastic Oscillator /
Stochastic oversold signal continues for Oz Minerals indicating upward price movement is likely

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

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

[BEARISH]: Oz Minerals currently has negative MACD of -0.065000. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -4.5%.

OZL: The return on PVO is -1.5%.
Percentage Volume /
OZL: The return on PVO is -1.5%.

[BULLISH]: Oz Minerals currently has positive PVO 4.6%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -1.5%.

Weighted Moving Average /
Price continues to trade above the Weighted Moving Average(5) for OZL

OZL: WMA Current Signal -> (1) 12 Dec: BEARISH (2) 11 Dec: BEARISH (3) 08 Dec: BULLISH CROSSOVER

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

OZL: UIX Current Signal -> (1) 12 Dec: Low stress (2) 11 Dec: Low stress (3) 08 Dec: Low stress

Close Tod Vs Range Tod /
The daily battle of control for Oz Minerals was won again by the sellers

OZL: Close versus price range Current Signal ->(1) 12 Dec: BEARISH (2) 11 Dec: BEARISH (3) 08 Dec: BULLISH

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

[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%.

Oz Minerals: Daily high performance is -1.4 % [Downtrend]
High Price /
Oz Minerals: Daily high performance is -1.4 % [Downtrend]

[BEARISH]: Oz Minerals current downtrend in the first timeframe. Currently, the HIGH is -1.4 %.

Negative VROC confirmation for Oz Minerals is a leading indicator for continued price fall
Volume Rate of Change /
Negative VROC confirmation for Oz Minerals is a leading indicator for continued price fall

[BEARISH CROSSOVER]: Oz Minerals currently has negative rate of change of -49%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0.1%.

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

[BULLISH]: Oz Minerals is in an uptrend in the medium term timeframe. The current rally number is 10 & the highest rally count for the LTM is 10. The highest rally for the month is 8

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

OZL: EOM Current Signal -> (1) 12 Dec: BEARISH HARD (2) 11 Dec: BULLISH EASY (3) 08 Dec: BEARISH HARD

Elder Ray Index /
Bull power has increased for Oz Minerals signalling bullish conditions are likely

[BULLISH]: Oz MineralsElder Ray Index is signalling a Bullish movementERI is 0.048 indicating bull power. Prices are being driven above the consensus of value for OZL during the last trading session [Buying Pressure]

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.

[Downtrend]: Price for Oz Minerals is currently below the displaced moving average
Detrended Price Oscillator /
[Downtrend]: Price for Oz Minerals is currently below the displaced moving average

[BEARISH]: Oz Minerals currently has a confirmed downtrend. Price is currently below the displaced moving average for OZLCurrently, the return on DPO20 is 0.1%.

Oz Minerals: Daily low price is $8.08 [Lower Low]
Low Price /
Oz Minerals: Daily low price is $8.08 [Lower Low]

[BEARISH]: Oz Minerals current uptrend in the first timeframe. Currently, the Low is $8.08 (0.4 %).

Chaikin Money Flow /
Oz Minerals continues negative divergence & potential shift in direction

[BEARISH]: Oz Minerals current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.25. The bearish signal has been active for 2 days. During the quarter, the lowest CMF value was -0.25

See More   See more results
Advertisment
Advertisment
back to top