Overall ONCY gets a technical rating of 1 out of 10. ONCY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ONCY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.99. Right above this resistance zone may be a good entry point.
0.85
2 important support areas can be observed.
We can see 2 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for ONCY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ONCY is neutral. |
| ChartMill Relative Strength | 21.44 | NEGATIVE | ONCY has a low relative strength, it was outperformed by 78.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONCY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ONCY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ONCY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.52 | NEUTRAL | The RSI value for ONCY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ONCY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.38 | NEUTRAL | The Stochastics value for ONCY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.81 | HIGH VOLATILITY | The high ATR as a percentage value for ONCY suggests high volalility. |
| Average Directional Index/ADX (14) | 22.77 | NEUTRAL | The ADX value for ONCY suggests a possible start of a new trend. |
0.923
-0.07 (-7.06%)
ChartMill assigns a technical rating of 1 / 10 to ONCY.
The current trend direction for ONCOLYTICS BIOTECH INC (ONCY) is Bearish.
ONCOLYTICS BIOTECH INC (ONCY) has an RSI value of 39.5166. This indicates that the stock is currently neutral.
The MACD indicator for ONCOLYTICS BIOTECH INC (ONCY) has a value of 0.00528463, indicating a bearish trend.