Overall ONC gets a technical rating of 5 out of 10. ONC was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
ONC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 303.80, a Stop Loss order could be placed below this zone.
More info and screens
294.98
We found 2 important support areas.
- A support zone ranging from 303.80 to 303.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @297.96 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 303.82 to 309.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 315.63 to 319.68. This zone is formed by a combination of multiple trend lines and important moving averages 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 ONC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ONC is down. |
| ChartMill Relative Strength | 89.67 | POSITIVE | ONC has a high relative strength, it outperformed 89.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ONC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ONC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.71 | NEUTRAL | The RSI value for ONC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests ONC has a negative trend. |
| Stochastics (14,3) | 24.85 | NEUTRAL | The Stochastics value for ONC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for ONC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.41 | POSITIVE | The high ADX value value for ONC suggests a strong trend. |
303.81
-0.91 (-0.3%)
BEONE MEDICINES LTD-ADR / ONC FAQ
What is the ChartMill technical rating of BEONE MEDICINES LTD-ADR (ONC) stock?
ChartMill assigns a technical rating of 5 / 10 to ONC.
What is the trend direction for ONC stock?
The current trend direction for BEONE MEDICINES LTD-ADR (ONC) is Bullish.
What is the RSI signal for BEONE MEDICINES LTD-ADR (ONC) stock?
BEONE MEDICINES LTD-ADR (ONC) has an RSI value of 36.7053. This indicates that the stock is currently neutral.
What is the buy/sell signal for ONC stock?
The buy/sell signal for BEONE MEDICINES LTD-ADR (ONC) is hold as the short term and long term trends are mixed.
What is the support and resistance level for ONC stock?
BEONE MEDICINES LTD-ADR (ONC) has a support level at 303.8 and a resistance level at 303.82. Check the full technical report for our detailed analysis of ONC support and resistance levels.