USA - NYSE:OLN - US6806652052 - Common Stock
Overall OLN gets a technical rating of 4 out of 10. OLN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
OLN 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 22.28, a Stop Loss order could be placed below this zone.
17.78
We found 2 important support areas.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for OLN is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OLN is neutral. |
ChartMill Relative Strength | 16.51 | NEGATIVE | OLN has a low relative strength, it was outperformed by 83.49% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OLN is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OLN is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OLN is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 51.24 | NEUTRAL | The RSI value for OLN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests OLN has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 32.5 | NEUTRAL | The Stochastics value for OLN is a neutral value. |
Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for OLN suggests high volalility. |
Average Directional Index/ADX (14) | 21.9 | NEUTRAL | The ADX value for OLN suggests a possible start of a new trend. |
24.53
+0.64 (+2.68%)