We assign a technical rating of 10 out of 10 to ONDS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ONDS is showing a nice and steady performance.
ONDS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for ONDS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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6.16
We found 2 important support areas.
- Support @6.43 from a trend line in the weekly time frame.
- Support @6.22 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @9.20 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 ONDS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ONDS is up. |
| ChartMill Relative Strength | 99.74 | POSITIVE | ONDS has a high relative strength, it outperformed 99.74% off all stocks 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) | UP | POSITIVE | The current price of ONDS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.1 | NEUTRAL | The RSI value for ONDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests ONDS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.95 | OVERBOUGHT | The high Stochastics value suggests ONDS may be overbought. |
| Average True Range in percent/ATR (20) | 12.5 | HIGH VOLATILITY | The high ATR as a percentage value for ONDS suggests high volalility. |
| Average Directional Index/ADX (14) | 18.43 | NEGATIVE | The low ADX value for ONDS suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.21 | 5.92 | 3.29 (35.72%) | 2.80% |
| An entry @9.21. This is a Buy Stop order right above the resistance zone. | An exit @5.92. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.29 points, which is 35.72%. | When investing 2.80% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.07
-0.12 (-1.31%)
ONDAS HOLDINGS INC / ONDS FAQ
What is the technical rating for ONDS stock?
ChartMill assigns a technical rating of 10 / 10 to ONDS.
What is the current trend direction of ONDAS HOLDINGS INC (ONDS) stock?
The current trend direction for ONDAS HOLDINGS INC (ONDS) is Bullish.
What is the RSI signal for ONDS stock?
ONDAS HOLDINGS INC (ONDS) has an RSI value of 60.1003. This indicates that the stock is currently neutral.
What is the short term momentum for ONDAS HOLDINGS INC (ONDS) stock?
The short term momentum for ONDAS HOLDINGS INC (ONDS) is positive.
Can you provide the buy/sell signal for ONDAS HOLDINGS INC?
The buy/sell signal for ONDAS HOLDINGS INC (ONDS) is buy as both the short term and long term trends are positive.