ONCOLYTICS BIOTECH INC (ONCY) Stock Technical Analysis
NASDAQ:ONCY - Nasdaq - CA6823108759 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to ONCY. Recently some decent action could be observed, but in the medium term time frame this is still negative. ONCY was also a bad performer in the overall market in the last year.
82% of all other stocks performed better in the past year than ONCY.
ONCY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ONCY is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ONCY has a been trading in the 0.33 - 0.70 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ONCY is part of the Biotechnology industry. There are 557 other stocks in this industry, ONCY did better than 57% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ONCY has an average technical rating and it also does not offer a high 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
0.66
0.67
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 | UP | POSITIVE | The short term trend for ONCY is up. |
| ChartMill Relative Strength | 18.52 | NEGATIVE | ONCY has a low relative strength, it was outperformed by 81.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONCY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ONCY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ONCY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.08 | OVERBOUGHT | The high RSI value suggests ONCY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ONCY has a positive trend. |
| Stochastics (14,3) | 95.4 | OVERBOUGHT | The high Stochastics value suggests ONCY may be overbought. |
| Average True Range in percent/ATR (20) | 8.86 | HIGH VOLATILITY | The high ATR as a percentage value for ONCY suggests high volalility. |
| Average Directional Index/ADX (14) | 44.32 | POSITIVE | The high ADX value value for ONCY suggests a strong trend. |
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)
0.6681
+0.03 (+4.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.31%
1 Week56.46%
2 Weeks92.54%
1 Month50.27%
3 Month6.03%
6 Month-19.6%
12 Month-33.85%
2 Year-74.3%
3 Year-33.85%
5 Year-64.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%8.86%
ATR Inc86.65%
Range Today0.14
ADR(20)0.06
ADR(20)%8.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.52
Mansfield-2.27
10 Day High0.7
10 Day Low0.33
20 Day High0.7
20 Day Low0.33
52 Week High1.53
52 Week Low0.33
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)1.42%
DER(5)13.07%
Volume925.40K
Volume Incr89.45%
Vol(5)1.94M
Vol(50)766.74K