ALPS OSHARES GLOBAL INTERNET (OGIG) Stock Technical Analysis
USA - NYSEARCA:OGIG - US00162Q3618 - ETF
56.23 USD
-0.12 (-0.21%)
56.23 USD
0 (0%)
Overall OGIG gets a technical rating of 5 out of 10. In the last year, OGIG was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: OGIG has an average volume of 9333 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
OGIG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OGIG is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that OGIG is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month OGIG has a been trading in a tight range between 55.57 and 58.66.
Volume is considerably higher in the last couple of days.
OGIG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 55.96, a Stop Loss order could be placed below this zone.
More info and screens
41.63
59.24
When analyzing the support we can see 3 important areas.
- A support zone ranging from 54.61 to 55.96. 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 @42.05 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 56.56 to 57.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 58.65 to 58.65. 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 | UP | POSITIVE | The long term trend for OGIG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OGIG is down. |
| ChartMill Relative Strength | 81.06 | POSITIVE | OGIG has a high relative strength, it outperformed 81.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OGIG is below a declining 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) | 45.56 | NEUTRAL | The RSI value for OGIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests OGIG has a negative trend. |
| Stochastics (14,3) | 30.53 | NEUTRAL | The Stochastics value for OGIG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for OGIG suggests low volalility. |
| Average Directional Index/ADX (14) | 22.63 | NEUTRAL | The ADX value for OGIG suggests a possible start of a new 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)
56.23
-0.12 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.21%
1 Week0.59%
2 Weeks-1.97%
1 Month-4.11%
3 Month4.4%
6 Month35.22%
12 Month31.07%
2 Year87.81%
3 Year125.55%
5 Year24.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%1.42%
ATR Inc36.55%
Range Today0.69
ADR(20)0.69
ADR(20)%1.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.06
Mansfield0.26
10 Day High58.2
10 Day Low55.57
20 Day High58.66
20 Day Low55.57
52 Week High58.75
52 Week Low37.26
CS1 End55.96
CR1 Start56.56
Volume & EV
DER(3)-0.26%
DER(5)0.95%
Volume10.40K
Volume Incr51.49%
Vol(5)17.30K
Vol(50)9.33K