Odonate Therapeutics Inc (ODT) Technical Analysis
NASDAQ:ODT
Current stock price
ODT Technical Rating and Analysis
Taking everything into account, ODT scores 0 out of 10 in our technical rating. ODT'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than ODT.
- ODT is one of the lesser performing stocks in the Pharmaceuticals industry. 87% of 193 stocks in the same industry do better.
- ODT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ODT is lagging the market.
- ODT has an average volume of 1091450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ODT has a been trading in the 0.85 - 1.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ODT Weekly and Daily overview Charts
ODT Setup Rating and Analysis
The technical rating of ODT 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
ODT Support and Resistance Analysis
1.11
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.25 to 1.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
ODT 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 ODT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ODT is down. |
| ChartMill Relative Strength | 0.62 | NEGATIVE | ODT has a low relative strength, it was outperformed by 99.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ODT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ODT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ODT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.22 | NEUTRAL | The RSI value for ODT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ODT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.6 | NEUTRAL | The Stochastics value for ODT is a neutral value. |
| Average True Range in percent/ATR (20) | 12.42 | HIGH VOLATILITY | The high ATR as a percentage value for ODT suggests high volalility. |
ODT Chart- and CandleStick Pattern Analysis
ODT Technicals: Chart, Performance Metrics, Trend & Indicators
1.12
-0.05 (-4.27%)
Odonate Therapeutics Inc / ODT TA FAQ
Can you provide the ChartMill technical rating for Odonate Therapeutics Inc?
ChartMill assigns a technical rating of 0 / 10 to ODT.
What is the trend direction for ODT stock?
The current trend direction for Odonate Therapeutics Inc (ODT) is Bearish.
What is the RSI signal for ODT stock?
Odonate Therapeutics Inc (ODT) has an RSI value of 32.2206. This indicates that the stock is currently neutral.
What is the MACD signal for Odonate Therapeutics Inc (ODT) stock?
The MACD indicator for Odonate Therapeutics Inc (ODT) has a value of 0.00712504, indicating a bearish trend.
What is the buy/sell signal for Odonate Therapeutics Inc (ODT) stock?
The buy/sell signal for Odonate Therapeutics Inc (ODT) is sell as both the short term and long term trends are negative.