On Deck Capital Inc (ONDK) Technical Analysis
NYSE:ONDK
Current stock price
ONDK Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to ONDK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ONDK is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month ONDK has a been trading in the 1.50 - 1.96 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, ONDK did better than 90% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- ONDK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ONDK is lagging the market.
ONDK Weekly and Daily overview Charts
ONDK Setup Rating and Analysis
Although ONDK has an excellent technical rating, it 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
ONDK Support and Resistance Analysis
1.49
We found 2 important support areas.
- Support @1.76 from a trend line in the daily time frame.
- Support @1.51 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.89 to 1.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
ONDK 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 | UP | POSITIVE | The long term trend for ONDK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ONDK is up. |
| ChartMill Relative Strength | 90.4 | POSITIVE | ONDK has a high relative strength, it outperformed 90.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONDK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ONDK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ONDK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.61 | NEUTRAL | The RSI value for ONDK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ONDK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.58 | OVERBOUGHT | The high Stochastics value suggests ONDK may be overbought. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for ONDK suggests some volalility. |
ONDK Chart- and CandleStick Pattern Analysis
ONDK Technicals: Chart, Performance Metrics, Trend & Indicators
1.83
-0.06 (-3.17%)
On Deck Capital Inc / ONDK TA FAQ
What is the ChartMill technical rating of On Deck Capital Inc (ONDK) stock?
ChartMill assigns a technical rating of 8 / 10 to ONDK.
What is the current trend direction of On Deck Capital Inc (ONDK) stock?
The current trend direction for On Deck Capital Inc (ONDK) is Bullish.
What is the RSI signal for ONDK stock?
On Deck Capital Inc (ONDK) has an RSI value of 65.6089. This indicates that the stock is currently neutral.
What is the short term momentum for On Deck Capital Inc (ONDK) stock?
The short term momentum for On Deck Capital Inc (ONDK) is positive.
What are the support and resistance levels for On Deck Capital Inc (ONDK) stock?
On Deck Capital Inc (ONDK) has a support level at 1.76 and a resistance level at 1.89. Check the full technical report for our detailed analysis of ONDK support and resistance levels.