ONDAS INC (ONDS) Technical Analysis
NASDAQ:ONDS • US68236H2040
Current stock price
ONDS Technical Rating and Analysis
Overall ONDS gets a technical rating of 10 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.
- The long and short term trends are both positive. This is looking good!
- 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. We also observe that the gains produced by ONDS over the past year are nicely spread over this period.
- ONDS is one of the better performing stocks in the Communications Equipment industry, it outperforms 97% of 46 stocks in the same industry.
- In the last month ONDS has a been trading in the 7.78 - 11.61 range, which is quite wide. It is currently trading near the high of this range.
- ONDS has an average volume of 78209500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ONDS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ONDS is lagging the market.
ONDS Weekly and Daily overview Charts
ONDS Setup Rating and Analysis
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
ONDS Support and Resistance Analysis
8.78
4 important support areas can be observed.
- A support zone ranging from 10.94 to 10.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.43 to 10.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.56 from a trend line in the weekly time frame.
- Support @8.87 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.96 to 11.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.39 from a horizontal line in the daily time frame.
ONDS Technical Indicator Signal Analysis
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 | 99.75 | POSITIVE | ONDS has a high relative strength, it outperformed 99.75% 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) | 59.01 | NEUTRAL | The RSI value for ONDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests ONDS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.71 | NEUTRAL | The Stochastics value for ONDS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.05 | HIGH VOLATILITY | The high ATR as a percentage value for ONDS suggests high volalility. |
| Average Directional Index/ADX (14) | 12.97 | NEGATIVE | The low ADX value for ONDS suggests a weak or negative trend. |
ONDS Chart- and CandleStick Pattern Analysis
ONDS Technicals: Chart, Performance Metrics, Trend & Indicators
10.95
+0.4 (+3.79%)
ONDAS INC / ONDS TA FAQ
What is the technical rating for ONDS stock?
ChartMill assigns a technical rating of 10 / 10 to ONDS.
Can you provide the trend direction for ONDAS INC?
The current trend direction for ONDAS INC (ONDS) is Bullish.
What is the RSI signal for ONDAS INC (ONDS) stock?
ONDAS INC (ONDS) has an RSI value of 59.0084. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ONDAS INC?
The short term momentum for ONDAS INC (ONDS) is positive.
Can you provide the support and resistance levels for ONDAS INC?
ONDAS INC (ONDS) has a support level at 10.94 and a resistance level at 10.96. Check the full technical report for our detailed analysis of ONDS support and resistance levels.