ODDITY TECH LTD-CL A (ODD) Stock Technical Analysis
NASDAQ:ODD • IL0011974909
Taking everything into account, ODD scores 0 out of 10 in our technical rating. ODD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ODD is a bad performer in the overall market: 89% of all stocks are doing better.
- ODD is part of the Personal Care Products industry. There are 36 other stocks in this industry, of which 60% are performing better than ODD.
- ODD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ODD has a been trading in the 27.09 - 36.65 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of ODD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
27.80
We can see 3 important resistance areas.
- A resistance zone ranging from 31.76 to 32.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @32.96 from a trend line in the weekly time frame.
- Resistance @36.32 from a trend 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 | DOWN | NEGATIVE | The long term trend for ODD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ODD is down. |
| ChartMill Relative Strength | 11.53 | NEGATIVE | ODD has a low relative strength, it was outperformed by 88.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ODD is below a declining 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) | DOWN | NEGATIVE | The current price of ODD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.03 | OVERSOLD | The low RSI value suggests ODD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ODD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.27 | OVERSOLD | The low Stochastics value suggests ODD may be oversold. |
| Average True Range in percent/ATR (20) | 5.88 | HIGH VOLATILITY | The high ATR as a percentage value for ODD suggests high volalility. |
| Average Directional Index/ADX (14) | 44.51 | POSITIVE | The high ADX value value for ODD suggests a strong trend. |
28.08
+0.47 (+1.7%)
ODDITY TECH LTD-CL A / ODD FAQ
What is the technical rating for ODD stock?
ChartMill assigns a technical rating of 0 / 10 to ODD.
What is the trend direction for ODD stock?
The current trend direction for ODDITY TECH LTD-CL A (ODD) is Bearish.
Can you provide the RSI signal for ODDITY TECH LTD-CL A?
ODDITY TECH LTD-CL A (ODD) has an RSI value of 29.0329. This indicates that the stock is currently oversold.
What is the MACD signal for ODDITY TECH LTD-CL A (ODD) stock?
The MACD indicator for ODDITY TECH LTD-CL A (ODD) has a value of -0.205242, indicating a bearish trend.
What is the buy/sell signal for ODD stock?
The buy/sell signal for ODDITY TECH LTD-CL A (ODD) is sell as both the short term and long term trends are negative.