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Cobram Estate Olives Limited

CBO.AX•ASX
Consumer Defensive
Packaged Foods
$3.79
$0.07(1.88%)
Australian Market is Open • 12:16

Cobram Estate Olives Limited (CBO.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Cobram Estate Olives Limited (ASX:CBO.AX).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CBO.AX Technical Analysis Summary

Cobram Estate Olives Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 71.09)
Trend Strength:Very Strong (ADX: 48.00)
Volatility:Medium (ATR: 0.13)
Support/Resistance:$3.38 – $3.75 (Bollinger Bands)

Technical conditions suggest Cobram Estate Olives Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 71.09

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 93.78

Bearish
Overbought levels may trigger pullback.

Williams %R: -5.88

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 6.80

Strongly Bullish
Strong upside momentum.

Takeaway:Cobram Estate Olives Limited shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 0.11

Bullish
Bullish, trend momentum is strengthening.

ADX: 48.00

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.13

Low
Low volatility, stable price action.

CCI (14): 202.54

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Cobram Estate Olives Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.75
Middle Band (SMA 20)
$3.57
Lower Band
$3.38
Current Position
Above Upper Band

Takeaway:Cobram Estate Olives Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$3.82
Middle Line (EMA 20)
$3.55
Lower Channel
$3.29
Squeeze Status
Squeeze On

Takeaway:Cobram Estate Olives Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.36M
Money Flow Index82.10Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index51.39Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CBO.AX shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Cobram Estate Olives Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Cobram Estate Olives Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

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