Taking everything into account, ONDS scores 10 out of 10 in our technical rating. 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.
Although ONDS has an excellent technical rating, it does not present a decent entry opportunity 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
7.13
3 important support areas can be observed.
- A support zone ranging from 9.36 to 9.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.35 from a trend line in the daily time frame.
- Support @7.20 from a trend line in the weekly 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 | 99.37 | POSITIVE | ONDS has a high relative strength, it outperformed 99.37% 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) | 67.38 | NEUTRAL | The RSI value for ONDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests ONDS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.53 | OVERBOUGHT | The high Stochastics value suggests ONDS may be overbought. |
| Average True Range in percent/ATR (20) | 8.31 | HIGH VOLATILITY | The high ATR as a percentage value for ONDS suggests high volalility. |
| Average Directional Index/ADX (14) | 25.06 | POSITIVE | The high ADX value value for ONDS suggests a strong trend. |
12.18
-0.66 (-5.14%)
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 trend direction for ONDS stock?
The current trend direction for ONDAS HOLDINGS INC (ONDS) is Bullish.
Can you provide the RSI signal for ONDAS HOLDINGS INC?
ONDAS HOLDINGS INC (ONDS) has an RSI value of 67.3832. This indicates that the stock is currently neutral.
What is the MACD signal for ONDAS HOLDINGS INC (ONDS) stock?
The MACD indicator for ONDAS HOLDINGS INC (ONDS) has a value of 0.395039, indicating a bearish trend.
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.