ONECONSTRUCTION GROUP LTD (ONEG) Technical Analysis
NASDAQ:ONEG • KYG6826S1003
Current stock price
ONEG Technical Rating and Analysis
Taking everything into account, ONEG 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, ONEG is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ONEG is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by ONEG over the past year are nicely spread over this period.
- ONEG is one of the better performing stocks in the Construction & Engineering industry, it outperforms 96% of 55 stocks in the same industry.
- In the last month ONEG has a been trading in the 0.96 - 5.89 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.
- ONEG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ONEG is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ONEG Weekly and Daily overview Charts
ONEG Setup Rating and Analysis
Although ONEG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ONEG Support and Resistance Analysis
ONEG 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 ONEG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ONEG is up. |
| ChartMill Relative Strength | 98.09 | POSITIVE | ONEG has a high relative strength, it outperformed 98.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONEG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ONEG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ONEG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 87.36 | OVERBOUGHT | The high RSI value suggests ONEG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests ONEG has a positive trend. |
| Stochastics (14,3) | 96.61 | OVERBOUGHT | The high Stochastics value suggests ONEG may be overbought. |
| Average True Range in percent/ATR (20) | 7.71 | HIGH VOLATILITY | The high ATR as a percentage value for ONEG suggests high volalility. |
| Average Directional Index/ADX (14) | 26.52 | POSITIVE | The high ADX value value for ONEG suggests a strong trend. |
ONEG Chart- and CandleStick Pattern Analysis
ONEG Technicals: Chart, Performance Metrics, Trend & Indicators
5.82
+0.6 (+11.49%)
ONECONSTRUCTION GROUP LTD / ONEG TA FAQ
What is the ChartMill technical rating of ONECONSTRUCTION GROUP LTD (ONEG) stock?
ChartMill assigns a technical rating of 10 / 10 to ONEG.
What is the current trend direction of ONECONSTRUCTION GROUP LTD (ONEG) stock?
The current trend direction for ONECONSTRUCTION GROUP LTD (ONEG) is Bullish.
What is the RSI signal for ONECONSTRUCTION GROUP LTD (ONEG) stock?
ONECONSTRUCTION GROUP LTD (ONEG) has an RSI value of 87.3565. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ONECONSTRUCTION GROUP LTD?
The MACD indicator for ONECONSTRUCTION GROUP LTD (ONEG) has a value of 0.207382, indicating a bearish trend.
Can you provide the short term momentum for ONECONSTRUCTION GROUP LTD?
The short term momentum for ONECONSTRUCTION GROUP LTD (ONEG) is positive.