Oncternal Therapeutics Inc (ONCT) Technical Analysis
NASDAQ:ONCT • US68236P2065
Current stock price
ONCT Technical Rating and Analysis
Overall ONCT gets a technical rating of 0 out of 10. ONCT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than ONCT.
- ONCT is one of the lesser performing stocks in the Biotechnology industry. 92% of 519 stocks in the same industry do better.
- ONCT is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ONCT is lagging the market.
- In the last month ONCT has a been trading in the 0.53 - 1.74 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ONCT Weekly and Daily overview Charts
ONCT Setup Rating and Analysis
The technical rating of ONCT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ONCT Support and Resistance Analysis
ONCT Technical Indicator Signal Analysis
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 ONCT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ONCT is down. |
| ChartMill Relative Strength | 0.32 | NEGATIVE | ONCT has a low relative strength, it was outperformed by 99.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONCT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ONCT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ONCT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.19 | OVERSOLD | The low RSI value suggests ONCT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ONCT has a negative trend. |
| Stochastics (14,3) | 8.53 | OVERSOLD | The low Stochastics value suggests ONCT may be oversold. |
| Average True Range in percent/ATR (20) | 30.06 | HIGH VOLATILITY | The high ATR as a percentage value for ONCT suggests high volalility. |
| Average Directional Index/ADX (14) | 23 | NEUTRAL | The ADX value for ONCT suggests a possible start of a new trend. |
ONCT Chart- and CandleStick Pattern Analysis
ONCT Technicals: Chart, Performance Metrics, Trend & Indicators
0.5266
-0.17 (-24.11%)
Oncternal Therapeutics Inc / ONCT TA FAQ
What is the ChartMill technical rating of Oncternal Therapeutics Inc (ONCT) stock?
ChartMill assigns a technical rating of 0 / 10 to ONCT.
Can you provide the trend direction for Oncternal Therapeutics Inc?
The current trend direction for Oncternal Therapeutics Inc (ONCT) is Bearish.
What is the RSI signal for Oncternal Therapeutics Inc (ONCT) stock?
Oncternal Therapeutics Inc (ONCT) has an RSI value of 25.1929. This indicates that the stock is currently oversold.
What is the short term momentum for Oncternal Therapeutics Inc (ONCT) stock?
The short term momentum for Oncternal Therapeutics Inc (ONCT) is negative.