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Stock Trend Analysis Report

Prepared for you on Tuesday, October 22, 2024.

Omni-lite Industries Canada (CDNX:OML)

Long-Term Uptrend (+90) - OML is in a strong uptrend that is likely to continue. While OML is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid OML?

MarketClub looks at technical strength and momentum to determine if the timing is right for OML.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CDNX_OML
Open High Low OML Price Change
1.59 1.59 1.58 1.58 -0.02
Entry Signal

MarketClub’s Trade Triangles for OML

long term up The long-term trend has been UP since Jun 1st, 2023 at 0.60

intermediate term up The intermediate-term trend has been UP since Sep 16th, 2024 at 1.28

short term up The short-term trend has been UP since Oct 21st, 2024 at 1.60

Smart Scan Analysis for OML

Based on our trend formula, OML is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for OML
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.59 1.59 1.58 1.58 -0.02
Prev. Close Volume Bid Ask Time
1.60 2900 2024-10-22 15:55:02
Year High1.7Year High Date2018-01-12
Year Low0.87Year Low Date2018-11-27
52wk High1.7552wk High Date2017-12-04
52wk Low0.8752wk Low Date2018-11-27
Year End Close0.84Average Volume4,338
Volatility96.25
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