(ONDO.AS) Stock Technical Analysis
AMS:ONDO
Taking everything into account, ONDO scores 0 out of 10 in our technical rating. ONDO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than ONDO.
- ONDO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ONDO has a been trading in the 4.26 - 7.66 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: ONDO has an average volume of 3024 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Volume is considerably higher in the last couple of days.
The technical rating of ONDO is bad and it also does not present a 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
4.39
When analyzing the support we notice one important area.
- Support @4.43 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 | DOWN | NEGATIVE | The long term trend for ONDO.AS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ONDO.AS is down. |
| ChartMill Relative Strength | 0.72 | NEGATIVE | ONDO.AS has a low relative strength, it was outperformed by 99.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONDO.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ONDO.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ONDO.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.81 | NEUTRAL | The RSI value for ONDO.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests ONDO.AS has a positive trend. |
| Stochastics (14,3) | 26.22 | NEUTRAL | The Stochastics value for ONDO.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.82 | HIGH VOLATILITY | The high ATR as a percentage value for ONDO.AS suggests high volalility. |
| Average Directional Index/ADX (14) | 42.53 | POSITIVE | The high ADX value value for ONDO.AS suggests a strong trend. |
/ ONDO.AS FAQ
What is the technical rating for ONDO stock?
ChartMill assigns a technical rating of 0 / 10 to ONDO.AS.
What is the trend direction for ONDO stock?
The current trend direction for (ONDO.AS) is Bearish.
What is the RSI signal for (ONDO.AS) stock?
(ONDO.AS) has an RSI value of 32.8093. This indicates that the stock is currently neutral.
What is the MACD signal for (ONDO.AS) stock?
The MACD indicator for (ONDO.AS) has a value of 0.223315, indicating a bearish trend.
What are the support and resistance levels for (ONDO.AS) stock?
(ONDO.AS) has a support level at 4.43. Check the full technical report for our detailed analysis of ONDO.AS support and resistance levels.