Onconetix Inc (ONCE) Stock Technical Analysis
NASDAQ:ONCE - Nasdaq - - Currency: USD
Overall ONCE gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ONCE has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
ONCE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the yearly performance of all stocks, we notice that ONCE is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month ONCE has a been trading in a tight range between 109.25 and 113.90.
Volume is considerably higher in the last couple of days.
Although ONCE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
95.88
115.15
When analyzing the support we can see 3 important areas.
- A support zone ranging from 107.81 to 112.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @98.90 from a trend line in the weekly time frame.
- A support zone ranging from 96.85 to 97.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 113.88 to 114.01. This zone is formed by a combination of multiple trend lines 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 ONCE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ONCE is up. |
| ChartMill Relative Strength | 98.44 | POSITIVE | ONCE has a high relative strength, it outperformed 98.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONCE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ONCE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ONCE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.18 | NEUTRAL | The RSI value for ONCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests ONCE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.26 | NEUTRAL | The Stochastics value for ONCE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for ONCE suggests low volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
113.57
+2.82 (+2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.55%
1 Week2.19%
2 Weeks2.04%
1 Month2.49%
3 Month10.95%
6 Month8.09%
12 Month206.86%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%0.97%
ATR Inc142.87%
Range Today0.43
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.44
Mansfield0.84
10 Day High113.9
10 Day Low109.25
20 Day High113.9
20 Day Low109.25
52 Week High114.2
52 Week Low34.53
CS1 End112.09
CR1 Start113.88
Volume & EV
DER(3)-3.13%
DER(5)-4.35%
Volume2.52M
Volume Incr145.97%
Vol(5)975.90K
Vol(50)569.92K