ALPS OSHARES GLOBAL INTERNET (OGIG) Stock Technical Analysis
USA - NYSEARCA:OGIG - US00162Q3618 - ETF
58.64 USD
+0.17 (+0.29%)
58.75 USD
+0.11 (+0.19%)
We assign a technical rating of 10 out of 10 to OGIG. Both in the recent history as in the last year, OGIG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: OGIG has an average volume of 10693 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, OGIG did better than 83% of all other stocks. We also observe that the gains produced by OGIG over the past year are nicely spread over this period.
OGIG is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month OGIG has a been trading in the 52.93 - 58.75 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although OGIG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
42.08
59.23
4 important support areas can be observed.
- A support zone ranging from 55.82 to 55.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 53.90 to 54.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.35 to 52.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @42.51 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for OGIG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OGIG is up. |
| ChartMill Relative Strength | 83.96 | POSITIVE | OGIG has a high relative strength, it outperformed 83.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OGIG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OGIG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OGIG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.54 | OVERBOUGHT | The high RSI value suggests OGIG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests OGIG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.19 | OVERBOUGHT | The high Stochastics value suggests OGIG may be overbought. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for OGIG suggests low volalility. |
| Average Directional Index/ADX (14) | 26.66 | POSITIVE | The high ADX value value for OGIG 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)
58.64
+0.17 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.29%
1 Week3.22%
2 Weeks6.17%
1 Month10.95%
3 Month15.07%
6 Month28.29%
12 Month43.2%
2 Year89.73%
3 Year131.14%
5 Year33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%0.96%
ATR Inc4.98%
Range Today0.45
ADR(20)0.42
ADR(20)%0.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.96
Mansfield0.83
10 Day High58.75
10 Day Low55.61
20 Day High58.75
20 Day Low52.93
52 Week High58.75
52 Week Low37.26
CS1 End55.84
CR1 StartN/A
Volume & EV
DER(3)1.21%
DER(5)1.44%
Volume21.40K
Volume Incr217.06%
Vol(5)16.04K
Vol(50)10.69K