Onconetix Inc (ONCE) Stock Technical Analysis
USA - NASDAQ:ONCE -
We assign a technical rating of 9 out of 10 to ONCE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ONCE is showing a nice and steady performance.
Although ONCE has an excellent technical rating, it does not offer a high quality setup 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
We found 3 important support 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.
We found 1 important resistance 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. |
113.57
+2.82 (+2.55%)
Onconetix Inc / ONCE FAQ
What is the technical rating for ONCE stock?
ChartMill assigns a technical rating of 8 / 10 to ONCE.
Can you provide the trend direction for Onconetix Inc?
The current trend direction for Onconetix Inc (ONCE) is Bullish.
Can you provide the RSI signal for Onconetix Inc?
Onconetix Inc (ONCE) has an RSI value of 68.1778. This indicates that the stock is currently neutral.
What is the MACD signal for Onconetix Inc (ONCE) stock?
The MACD indicator for Onconetix Inc (ONCE) has a value of -0.117939, indicating a bearish trend.
What are the support and resistance levels for Onconetix Inc (ONCE) stock?
Onconetix Inc (ONCE) has a support level at 112.09 and a resistance level at 113.88. Check the full technical report for our detailed analysis of ONCE support and resistance levels.