ONCTERNAL THERAPEUTICS INC (ONCT)

US68236P2065 - Common Stock

8.29  +0.04 (+0.48%)

After market: 9.36 +1.07 (+12.91%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to ONCT. ONCT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month ONCT has a been trading in the 8.00 - 9.85 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: ONCT has an average volume of 7874 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ONCT is part of the Biotechnology industry. There are 588 other stocks in this industry. ONCT outperforms 73% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that ONCT is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ONCT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ONCT is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ONCT Weekly chart
ONCT Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, ONCT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

5.97

10.08

We found 3 important support areas.

  • Support @8.01 from a horizontal line in the weekly time frame.
  • Support @7.79 from a horizontal line in the daily time frame.
  • Support @6.03 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 8.63 to 8.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 9.41 to 9.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @9.98 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.78
Mansfield-0.08
10 Day High9.36
10 Day Low8
20 Day High9.85
20 Day Low8
52 Week High13.14
52 Week Low5.57
Performance
1 Week-6.43%
2 Weeks-11.81%
1 Month-7.89%
3 Month-8.09%
6 Month29.53%
12 Month35.24%
2 Year-51.42%
3 Year-93.41%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)44.16
LBB8.16
UBB9.27
ONCT Daily chart

ONCTERNAL THERAPEUTICS INC

NASDAQ:ONCT (4/26/2024, 7:08:04 PM)

After market: 9.36 +1.07 (+12.91%)

8.29

+0.04 (+0.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.48%
1 Week-6.43%
2 Weeks-11.81%
1 Month-7.89%
3 Month-8.09%
6 Month29.53%
12 Month35.24%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.58
ATR(20)%6.93%
ATR Inc
Range Today0.29
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.36
10 Day Low8
20 Day High9.85
20 Day Low8
52 Week High13.14
52 Week Low5.57
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.40K
Volume Incr-65.55%
Vol(5)2.46K
Vol(50)7.87K