BEONE MEDICINES LTD-ADR (ONC) Stock Technical Analysis
USA - NASDAQ:ONC - US07725L1026 - ADR
Taking everything into account, ONC scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ONC is a bad performer.
Besides having an excellent technical rating, ONC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 332.57, a Stop Loss order could be placed below this zone.
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285.21
We found 3 important support areas.
- A support zone ranging from 329.44 to 332.57. 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 314.51 to 315.21. 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 288.09 to 291.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @351.14 from a horizontal line in the daily 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 ONC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ONC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ONC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ONC is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 54.02 | NEUTRAL | The RSI value for ONC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.79 | NEGATIVE | The MACD value suggests ONC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.92 | NEUTRAL | The Stochastics value for ONC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for ONC suggests some volalility. |
| Average Directional Index/ADX (14) | 8.86 | NEGATIVE | The low ADX value for ONC suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 351.15 | 329.43 | 21.72 (6.19%) | 16.17% |
| An entry @351.15. This is a Buy Stop order right above the resistance zone. | An exit @329.43. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 21.72 points, which is 6.19%. | When investing 16.17% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:ONC (9/30/2025, 2:57:40 PM)
337.26
+4.43 (+1.33%)