ONDAS HOLDINGS INC (ONDS) Stock Technical Analysis
NASDAQ:ONDS - Nasdaq - US68236H2040 - Common Stock - Currency: USD
Taking everything into account, ONDS scores 4 out of 10 in our technical rating. In the past year, ONDS was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
ONDS 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 ONDS is lagging the market.
ONDS has an average volume of 7385600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ONDS outperforms 49% of them, which is more or less in line with the market.
ONDS is part of the Communications Equipment industry. There are 49 other stocks in this industry, ONDS did better than 43% of them.
In the last month ONDS has a been trading in the 0.73 - 1.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ONDS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.66
1.00
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.84 to 0.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.81 from a trend line in the daily time frame.
- A support zone ranging from 0.73 to 0.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.71 from a horizontal line in the weekly time frame.
- Support @0.67 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.94 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.96 to 0.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.99 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 ONDS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ONDS is neutral. |
| ChartMill Relative Strength | 49.26 | NEUTRAL | ONDS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONDS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ONDS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ONDS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.38 | NEUTRAL | The RSI value for ONDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ONDS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.09 | NEUTRAL | The Stochastics value for ONDS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.92 | HIGH VOLATILITY | The high ATR as a percentage value for ONDS suggests high volalility. |
| Average Directional Index/ADX (14) | 12.87 | NEGATIVE | The low ADX value for ONDS 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)
0.9268
+0.02 (+1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.92%
1 Week-0.35%
2 Weeks21.15%
1 Month29.6%
3 Month-25.86%
6 Month4.49%
12 Month24.07%
2 Year6.86%
3 Year-87.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%8.92%
ATR Inc3.84%
Range Today0.1
ADR(20)0.08
ADR(20)%8.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.26
Mansfield-1.28
10 Day High1.05
10 Day Low0.76
20 Day High1.05
20 Day Low0.73
52 Week High3.4
52 Week Low0.54
CS1 End0.86
CR1 Start0.94
Volume & EV
DER(3)-3.12%
DER(5)-2.45%
Volume5.12M
Volume Incr41.17%
Vol(5)8.25M
Vol(50)7.39M