Overall ONC gets a technical rating of 7 out of 10. In the last year, ONC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Although ONC has an excellent technical rating, it does not offer a high quality setup 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
294.98
3 important support areas can be observed.
- Support @320.31 from a horizontal line in the daily time frame.
- A support zone ranging from 303.80 to 313.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @297.96 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 | NEUTRAL | NEUTRAL | The short term trend for ONC is neutral. |
| ChartMill Relative Strength | 91.31 | POSITIVE | ONC has a high relative strength, it outperformed 91.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ONC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ONC is below the rising 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) | 51.69 | NEUTRAL | The RSI value for ONC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.92 | POSITIVE | The MACD value suggests ONC has a positive trend. |
| Stochastics (14,3) | 46.3 | NEUTRAL | The Stochastics value for ONC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for ONC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.63 | NEUTRAL | The ADX value for ONC suggests a possible start of a new trend. |
320.35
+0.05 (+0.02%)
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 7 / 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 51.685. This indicates that the stock is currently neutral.
What is the support and resistance level for ONC stock?
BEONE MEDICINES LTD-ADR (ONC) has a support level at 313.74 and a resistance level at 320.31. Check the full technical report for our detailed analysis of ONC support and resistance levels.