ONECONSTRUCTION GROUP LTD (ONEG) Stock Technical Analysis
USA - NASDAQ:ONEG - KYG6826S1003 - Common Stock
11.2 USD
+0.54 (+5.07%)
10.55 USD
-0.65 (-5.8%)
Overall ONEG gets a technical rating of 5 out of 10. ONEG was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, ONEG is a bad performer in the overall market: 100% of all stocks are doing better.
ONEG is part of the Construction & Engineering industry. There are 52 other stocks in this industry, of which 74% are performing better than ONEG.
In the last month ONEG has a been trading in the 10.08 - 13.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ONEG has an average technical rating and it also 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
7.87
11.31
When analyzing the support we can see 2 important areas.
- Support @10.65 from a horizontal line in the daily time frame.
- Support @7.95 from a trend line in the daily 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 ONEG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ONEG is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ONEG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONEG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ONEG is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.23 | NEUTRAL | The RSI value for ONEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests ONEG has a negative trend. |
| Stochastics (14,3) | 16.73 | OVERSOLD | The low Stochastics value suggests ONEG may be oversold. |
| Average True Range in percent/ATR (20) | 8.09 | HIGH VOLATILITY | The high ATR as a percentage value for ONEG suggests high volalility. |
| Average Directional Index/ADX (14) | 29.96 | POSITIVE | The high ADX value value for ONEG suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
11.2
+0.54 (+5.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg5.07%
1 Week-13.78%
2 Weeks-12.84%
1 Month-1.06%
3 Month126.26%
6 Month252.2%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%8.09%
ATR Inc61.91%
Range Today1.41
ADR(20)0.89
ADR(20)%7.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High13.07
10 Day Low10.08
20 Day High13.5
20 Day Low10.08
52 Week HighN/A
52 Week LowN/A
CS1 End10.65
CR1 StartN/A
Volume & EV
DER(3)-14.79%
DER(5)-11.58%
Volume279.30K
Volume Incr-4.01%
Vol(5)231.74K
Vol(50)162.77K