OLENOX INDUSTRIES INC (OLOX) Technical Analysis
NASDAQ:OLOX • US78418A7037
Current stock price
OLOX Technical Rating and Analysis
Taking everything into account, OLOX scores 3 out of 10 in our technical rating. In the last year, OLOX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 100% of all other stocks performed better in the past year than OLOX.
- OLOX is part of the Construction & Engineering industry. There are 56 other stocks in this industry, of which 81% are performing better than OLOX.
- In the last month OLOX has a been trading in the 0.84 - 2.19 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
OLOX Weekly and Daily overview Charts
OLOX Setup Rating and Analysis
Although the technical rating is bad, OLOX 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.
More info and screens
OLOX Support and Resistance Analysis
1.03
We found 1 important support area.
- A support zone ranging from 1.04 to 1.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @1.23 from a horizontal line in the weekly time frame.
OLOX Technical Indicator Signal Analysis
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 OLOX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OLOX is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | OLOX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OLOX is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 47.74 | NEUTRAL | The RSI value for OLOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests OLOX has a negative trend. |
| Stochastics (14,3) | 15.94 | OVERSOLD | The low Stochastics value suggests OLOX may be oversold. |
| Average True Range in percent/ATR (20) | 20.17 | HIGH VOLATILITY | The high ATR as a percentage value for OLOX suggests high volalility. |
| Average Directional Index/ADX (14) | 35.08 | POSITIVE | The high ADX value value for OLOX suggests a strong trend. |
OLOX Chart- and CandleStick Pattern Analysis
OLOX Technicals: Chart, Performance Metrics, Trend & Indicators
1.09
0 (0%)
OLENOX INDUSTRIES INC / OLOX TA FAQ
What is the technical rating for OLOX stock?
ChartMill assigns a technical rating of 3 / 10 to OLOX.
What is the trend direction for OLOX stock?
The current trend direction for OLENOX INDUSTRIES INC (OLOX) is Bullish.
Can you provide the RSI signal for OLENOX INDUSTRIES INC?
OLENOX INDUSTRIES INC (OLOX) has an RSI value of 47.743. This indicates that the stock is currently neutral.
What is the MACD signal for OLOX stock?
The MACD indicator for OLENOX INDUSTRIES INC (OLOX) has a value of -0.0343228, indicating a bearish trend.
Can you provide the short term momentum for OLENOX INDUSTRIES INC?
The short term momentum for OLENOX INDUSTRIES INC (OLOX) is neutral.