ODDITY TECH LTD-CL A (ODD) Stock Technical Analysis
USA - NASDAQ:ODD - IL0011974909 - Common Stock
62.51 USD
-0.21 (-0.33%)
62.51 USD
0 (0%)
We assign a technical rating of 6 out of 10 to ODD. ODD was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that ODD is one of the better performing stocks in the market, outperforming 84% of all stocks.
ODD is part of the Personal Care Products industry. There are 36 other stocks in this industry. ODD outperforms 88% of them.
In the last month ODD has a been trading in the 58.40 - 64.23 range, which is quite wide. It is currently trading near the high of this range.
ODD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ODD is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ODD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 62.81. Right above this resistance zone may be a good entry point.
More info and screens
41.53
76.77
When analyzing the support we can see 3 important areas.
- A support zone ranging from 61.79 to 62.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 57.71 to 58.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.95 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 62.81 to 64.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @72.27 from a trend line in the daily time frame.
- Resistance @76.01 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ODD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ODD is neutral. |
| ChartMill Relative Strength | 84.9 | POSITIVE | ODD has a high relative strength, it outperformed 84.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ODD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ODD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ODD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.55 | NEUTRAL | The RSI value for ODD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests ODD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.36 | NEUTRAL | The Stochastics value for ODD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for ODD suggests some volalility. |
| Average Directional Index/ADX (14) | 14.21 | NEGATIVE | The low ADX value for ODD suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 64.17 | 61.78 | 2.39 (3.72%) | 25.00% |
| An entry @64.17. This is a Buy Stop order right above the resistance zone. | An exit @61.78. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.39 points, which is 3.72%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
62.51
-0.21 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg-0.33%
1 Week-0.49%
2 Weeks-0.78%
1 Month3.92%
3 Month-12.84%
6 Month44.3%
12 Month75.69%
2 Year120.49%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.58
ATR(20)%2.54%
ATR Inc-9.77%
Range Today0.86
ADR(20)1.57
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.9
Mansfield0.58
10 Day High64.23
10 Day Low61.63
20 Day High64.23
20 Day Low58.4
52 Week High79.18
52 Week Low34.97
CS1 End62.24
CR1 Start62.81
Volume & EV
DER(3)-0.32%
DER(5)-1.17%
Volume263.80K
Volume Incr-15.79%
Vol(5)369.60K
Vol(50)853.20K