ONDAS INC (ONDS) Technical Analysis
NASDAQ:ONDS • US68236H2040
Current stock price
ONDS Technical Rating and Analysis
Overall ONDS gets a technical rating of 3 out of 10. Although ONDS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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.
- ONDS is one of the better performing stocks in the Communications Equipment industry, it outperforms 95% of 47 stocks in the same industry.
- ONDS has an average volume of 88876700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- ONDS is currently trading in the middle 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 slightly.
- In the last month ONDS has a been trading in the 7.78 - 11.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ONDS Weekly and Daily overview Charts
ONDS Setup Rating and Analysis
The technical rating of ONDS is bad and it also does not present a 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
8.18
We found 2 important support areas.
- A support zone ranging from 8.79 to 8.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.26 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.17 to 10.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.57 from a trend line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for ONDS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ONDS is down. |
| ChartMill Relative Strength | 99.59 | POSITIVE | ONDS has a high relative strength, it outperformed 99.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONDS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ONDS is below a declining 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) | 47.69 | NEUTRAL | The RSI value for ONDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests ONDS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.42 | NEUTRAL | The Stochastics value for ONDS is a neutral value. |
| Average True Range in percent/ATR (20) | 10.26 | HIGH VOLATILITY | The high ATR as a percentage value for ONDS suggests high volalility. |
| Average Directional Index/ADX (14) | 16.84 | 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
9.6
+0.79 (+8.97%)
ONDAS INC / ONDS TA FAQ
What is the technical rating for ONDS stock?
ChartMill assigns a technical rating of 3 / 10 to ONDS.
Can you provide the trend direction for ONDAS INC?
The current trend direction for ONDAS INC (ONDS) is Bearish.
What is the RSI signal for ONDAS INC (ONDS) stock?
ONDAS INC (ONDS) has an RSI value of 47.6932. 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 negative.
Can you provide the support and resistance levels for ONDAS INC?
ONDAS INC (ONDS) has a support level at 8.8 and a resistance level at 10.17. Check the full technical report for our detailed analysis of ONDS support and resistance levels.