ONDAS HOLDINGS INC (ONDS) Stock Technical Analysis
NASDAQ:ONDS - US68236H2040 - Common Stock
5.86 USD
+0.16 (+2.81%)
5.8301 USD
-0.03 (-0.51%)
Overall ONDS gets a technical rating of 9 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
ONDS is part of the Communications Equipment industry. There are 48 other stocks in this industry. ONDS outperforms 97% of them.
ONDS is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ONDS has a been trading in the 2.25 - 6.19 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ONDS has an average volume of 32530100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ONDS is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ONDS 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
5.80
5.92
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 | 99.62 | POSITIVE | ONDS has a high relative strength, it outperformed 99.62% 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) | 79.19 | OVERBOUGHT | The high RSI value suggests ONDS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests ONDS has a positive trend. |
| Stochastics (14,3) | 86.37 | OVERBOUGHT | The high Stochastics value suggests ONDS may be overbought. |
| Average True Range in percent/ATR (20) | 9.87 | HIGH VOLATILITY | The high ATR as a percentage value for ONDS suggests high volalility. |
| Average Directional Index/ADX (14) | 54.74 | POSITIVE | The high ADX value value for ONDS suggests a strong 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)
5.86
+0.16 (+2.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg2.81%
1 Week30.51%
2 Weeks51.81%
1 Month166.36%
3 Month380.33%
6 Month495.35%
12 Month572.02%
2 Year486%
3 Year24.15%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%9.87%
ATR Inc35.37%
Range Today0.65
ADR(20)0.51
ADR(20)%8.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.62
Mansfield25.48
10 Day High6.19
10 Day Low3.2
20 Day High6.19
20 Day Low2.25
52 Week High6.19
52 Week Low0.57
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-1.16%
DER(5)-1.22%
Volume55.68M
Volume Incr23.48%
Vol(5)51.40M
Vol(50)32.53M