ODD Technical Analysis - ODDITY TECH LTD-CL A

Technical Rating and Analysis

Taking everything into account, ODD scores 0 out of 10 in our technical rating. ODD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

69% of all other stocks performed better in the past year than ODD.

In the last month ODD has a been trading in the 48.90 - 63.55 range, which is quite wide. It is currently trading near the lows of this range.

ODD is an average performer in the Personal Care Products industry, it outperforms 68% of 36 stocks in the same industry.

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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ODDITY TECH LTD-CL A / ODD Weekly stock chart

ODDITY TECH LTD-CL A / ODD Daily stock chart

Setup Rating and Analysis

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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

41.42

71.64

When analyzing the support we can see 2 important areas.

A support zone ranging from 49.88 to 49.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @41.84 from a trend line in the weekly time frame.

3 important resistance areas can be observed.

A resistance zone ranging from 58.78 to 59.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @62.03 from a horizontal line in the daily time frame.
Resistance @70.93 from a trend line in the daily time frame.

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Technical Indicator Signal Analysis

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	31.21	NEUTRAL	ODD is not amongst the best or worst performers 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)	UP	MIXED	The current price of ODD is below the rising SMA(200).
Relative Strength Index/RSI (14)	25.03	OVERSOLD	The low RSI value suggests ODD may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.95	NEGATIVE	The MACD value suggests ODD has a negative trend, although the MACD value is rising.
Stochastics (14,3)	11.97	OVERSOLD	The low Stochastics value suggests ODD may be oversold.
Average True Range in percent/ATR (20)	4.61	MEDIUM VOLATILITY	The ATR as a percentage value for ODD suggests some volalility.
Average Directional Index/ADX (14)	33.74	POSITIVE	The high ADX value value for ODD suggests a strong trend.