Overall ONDS gets a technical rating of 7 out of 10. In the last year, ONDS was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month ONDS has a been trading in the 10.14 - 15.28 range, which is quite wide. It is currently trading near the lows of this range.
- 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 100% of 48 stocks in the same industry.
- ONDS has an average volume of 97728600 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, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- ONDS is currently trading in the middle of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So ONDS is doing better than the market!
ONDS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 10.35, a Stop Loss order could be placed below this zone.
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7.74
When analyzing the support we can see 4 important areas.
- A support zone ranging from 10.35 to 10.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.64 from a trend line in the daily time frame.
- Support @8.05 from a trend line in the daily time frame.
- Support @7.82 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 | DOWN | NEGATIVE | The short term trend for ONDS is down. |
| ChartMill Relative Strength | 99.42 | POSITIVE | ONDS has a high relative strength, it outperformed 99.42% 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) | 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) | 45.82 | NEUTRAL | The RSI value for ONDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests ONDS has a negative trend. |
| Stochastics (14,3) | 7.71 | OVERSOLD | The low Stochastics value suggests ONDS may be oversold. |
| Average True Range in percent/ATR (20) | 14.22 | HIGH VOLATILITY | The high ATR as a percentage value for ONDS suggests high volalility. |
| Average Directional Index/ADX (14) | 24.94 | NEUTRAL | The ADX value for ONDS suggests a possible start of a new 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 |
|---|---|---|---|
| 11.85 | 10.34 | 1.51 (12.76%) | 7.83% |
| An entry @11.85. This is a Buy Stop order right above the 10 day moving average. | An exit @10.34. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.51 points, which is 12.76%. | For a 1.00% total portfolio risk, you can invest 7.83% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ONDS. Please evaluate whether better entry and exit points can be found.
- 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.
10.64
+0.28 (+2.7%)
ONDAS INC / ONDS FAQ
What is the technical rating for ONDS stock?
ChartMill assigns a technical rating of 7 / 10 to ONDS.
What is the trend direction for ONDS stock?
The current trend direction for ONDAS INC (ONDS) is Bullish.
Can you provide the RSI signal for ONDAS INC?
ONDAS INC (ONDS) has an RSI value of 45.8231. This indicates that the stock is currently neutral.
What is the MACD signal for ONDAS INC (ONDS) stock?
The MACD indicator for ONDAS INC (ONDS) has a value of -0.412568, indicating a bearish trend.
Can you provide the buy/sell signal for ONDAS INC?
The buy/sell signal for ONDAS INC (ONDS) is hold as the short term and long term trends are mixed.