OLINK HOLDING AB - ADR (OLK) Stock Technical Analysis
USA - NASDAQ:OLK - US6807101000 - ADR
Overall OLK gets a technical rating of 9 out of 10. Both in the recent history as in the last year, OLK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although OLK has an excellent technical rating, it does not present a decent entry opportunity 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
16.30
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.39 to 25.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.81 to 21.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.46 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.09 to 26.09. 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 OLK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OLK is up. |
| ChartMill Relative Strength | 86.3 | POSITIVE | OLK has a high relative strength, it outperformed 86.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OLK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OLK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OLK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.46 | OVERBOUGHT | The high RSI value suggests OLK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests OLK has a positive trend. |
| Stochastics (14,3) | 93.67 | OVERBOUGHT | The high Stochastics value suggests OLK may be overbought. |
| Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for OLK suggests low volalility. |
| Average Directional Index/ADX (14) | 37.39 | POSITIVE | The high ADX value value for OLK suggests a strong trend. |
26.08
+0.08 (+0.31%)
OLINK HOLDING AB - ADR / OLK FAQ
What is the ChartMill technical rating of OLINK HOLDING AB - ADR (OLK) stock?
ChartMill assigns a technical rating of 9 / 10 to OLK.
Can you provide the trend direction for OLINK HOLDING AB - ADR?
The current trend direction for OLINK HOLDING AB - ADR (OLK) is Bullish.
Can you provide the RSI signal for OLINK HOLDING AB - ADR?
OLINK HOLDING AB - ADR (OLK) has an RSI value of 77.4639. This indicates that the stock is currently overbought.
Can you provide the MACD signal for OLINK HOLDING AB - ADR?
The MACD indicator for OLINK HOLDING AB - ADR (OLK) has a value of 0.0152127, indicating a bearish trend.
What is the buy/sell signal for OLINK HOLDING AB - ADR (OLK) stock?
The buy/sell signal for OLINK HOLDING AB - ADR (OLK) is buy as both the short term and long term trends are positive.