Overall ONCO gets a technical rating of 0 out of 10. ONCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ONCO is bad and it also does not present a 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
1.59
When analyzing the resistance we notice 2 important areas.
- Resistance @2.28 from a trend line in the daily time frame.
- Resistance @2.42 from a trend 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 | DOWN | NEGATIVE | The long term trend for ONCO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ONCO is down. |
| ChartMill Relative Strength | 1.99 | NEGATIVE | ONCO has a low relative strength, it was outperformed by 98.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ONCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ONCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.32 | NEUTRAL | The RSI value for ONCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ONCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.22 | OVERSOLD | The low Stochastics value suggests ONCO may be oversold. |
| Average True Range in percent/ATR (20) | 14.89 | HIGH VOLATILITY | The high ATR as a percentage value for ONCO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.52 | NEGATIVE | The low ADX value for ONCO suggests a weak or negative trend. |
1.61
+0.05 (+3.21%)
ONCONETIX INC / ONCO FAQ
What is the ChartMill technical rating of ONCONETIX INC (ONCO) stock?
ChartMill assigns a technical rating of 0 / 10 to ONCO.
What is the current trend direction of ONCONETIX INC (ONCO) stock?
The current trend direction for ONCONETIX INC (ONCO) is Bearish.
What is the RSI signal for ONCONETIX INC (ONCO) stock?
ONCONETIX INC (ONCO) has an RSI value of 35.3238. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ONCONETIX INC?
The short term momentum for ONCONETIX INC (ONCO) is negative.
What is the support and resistance level for ONCO stock?
ONCONETIX INC (ONCO) has a resistance level at 2.28. Check the full technical report for our detailed analysis of ONCO support and resistance levels.