ONION GLOBAL LTD (OG) Stock Technical Analysis
NYSE:OG - New York Stock Exchange, Inc. - US68277G1076 - ADR - Currency: USD
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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, OG is a bad performer in the overall market: 97% of all stocks are doing better.
OG 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 OG has a been trading in the 0.19 - 0.44 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, OG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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
0.27
2 important support areas can be observed.
- 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.
We can see 2 important resistance areas.
- 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. |
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)
0.238
-0.01 (-4.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryInternet & Direct Marketing Retail
Performance
% Chg-4.8%
1 Week-4.8%
2 Weeks-8.46%
1 Month10.65%
3 Month-27.88%
6 Month-77.96%
12 Month-89.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%21.28%
ATR Inc-26.62%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.94
Mansfield-7.08
10 Day High0.35
10 Day Low0.21
20 Day High0.44
20 Day Low0.19
52 Week High2.6
52 Week Low0.19
CS1 End0.23
CR1 Start0.26
Volume & EV
DER(3)-17.11%
DER(5)-2.4%
Volume128.20K
Volume Incr-38.82%
Vol(5)276.82K
Vol(50)224.29K