ONION GLOBAL LTD (OG) Stock Technical Analysis
USA - NYSE:OG - US68277G1076 - ADR
Taking everything into account, OG scores 1 out of 10 in our technical rating. OG'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.
Although the technical rating is bad, OG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.23, a Stop Loss order could be placed below this zone.
More info and screens
0.22
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.22 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.26 from a trend line in the daily time frame.
- A resistance zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 OG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OG is neutral. |
| ChartMill Relative Strength | 3.94 | NEGATIVE | OG has a low relative strength, it was outperformed by 96.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.49 | NEUTRAL | The RSI value for OG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 21.18 | NEUTRAL | The Stochastics value for OG is a neutral value. |
| Average True Range in percent/ATR (20) | 21.28 | HIGH VOLATILITY | The high ATR as a percentage value for OG suggests high volalility. |
| Average Directional Index/ADX (14) | 42.22 | POSITIVE | The high ADX value value for OG suggests a strong trend. |
0.238
-0.01 (-4.8%)
ONION GLOBAL LTD / OG FAQ
Can you provide the ChartMill technical rating for ONION GLOBAL LTD?
ChartMill assigns a technical rating of 1 / 10 to OG.
What is the trend direction for OG stock?
The current trend direction for ONION GLOBAL LTD (OG) is Bearish.
What is the RSI signal for OG stock?
ONION GLOBAL LTD (OG) has an RSI value of 49.4904. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ONION GLOBAL LTD?
ONION GLOBAL LTD (OG) has a support level at 0.23 and a resistance level at 0.26. Check the full technical report for our detailed analysis of OG support and resistance levels.