Overall ONCY gets a technical rating of 1 out of 10. ONCY 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.
ONCY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.99, a Stop Loss order could be placed below this zone.
0.95
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 3 important 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 | DOWN | NEGATIVE | The short term trend for ONCY is down. |
| ChartMill Relative Strength | 59.83 | NEUTRAL | ONCY is not amongst the best or worst performers 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) | 38.76 | NEUTRAL | The RSI value for ONCY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ONCY has a negative trend. |
| Stochastics (14,3) | 35.24 | NEUTRAL | The Stochastics value for ONCY is a neutral value. |
| Average True Range in percent/ATR (20) | 7.66 | HIGH VOLATILITY | The high ATR as a percentage value for ONCY suggests high volalility. |
| Average Directional Index/ADX (14) | 15.41 | NEGATIVE | The low ADX value for ONCY suggests a weak or negative trend. |
1
+0.01 (+0.86%)
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 38.7627. This indicates that the stock is currently neutral.
The MACD indicator for ONCOLYTICS BIOTECH INC (ONCY) has a value of -0.00252677, indicating a bearish trend.