(ONDO.AS) Stock Technical Analysis
AMS:ONDO - Euronext Amsterdam -
We assign a technical rating of 3 out of 10 to ONDO. In the last year, ONDO was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than ONDO.
Warning: ONDO has an average volume of 9506 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month ONDO has a been trading in the 16.19 - 20.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ONDO has a poor technical rating and the quality of the setup is also not perfect 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
16.00
19.98
When analyzing the support we notice one important area.
- Support @16.16 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 19.04 to 19.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.78 from a horizontal line in the daily time frame.
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 ONDO.AS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ONDO.AS is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ONDO.AS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ONDO.AS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ONDO.AS is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 47.99 | NEUTRAL | The RSI value for ONDO.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ONDO.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.91 | NEUTRAL | The Stochastics value for ONDO.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.82 | HIGH VOLATILITY | The high ATR as a percentage value for ONDO.AS suggests high volalility. |
| Average Directional Index/ADX (14) | 10.66 | NEGATIVE | The low ADX value for ONDO.AS suggests a weak or negative 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)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.96%
1 Week1.37%
2 Weeks-11.61%
1 Month3.05%
3 Month-5.87%
6 Month-19.03%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.01
ATR(20)%5.82%
ATR Inc-38.64%
Range Today0.26
ADR(20)0.41
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High19.66
10 Day Low16.82
20 Day High20.75
20 Day Low16.19
52 Week HighN/A
52 Week LowN/A
CS1 End16.16
CR1 Start19.04
Volume & EV
DER(3)0%
DER(5)0%
Volume5.31K
Volume Incr98.16%
Vol(5)12.56K
Vol(50)9.51K