ONECONSTRUCTION GROUP LTD (ONEG) Stock Technical Analysis
NASDAQ:ONEG - KYG6826S1003 - Common Stock
12.25 USD
+0.19 (+1.58%)
12.25 USD
0 (0%)
Overall ONEG gets a technical rating of 7 out of 10. Although ONEG is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than ONEG.
ONEG is one of the lesser performing stocks in the Construction & Engineering industry. 75% of 53 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month ONEG has a been trading in the 5.80 - 12.47 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ONEG has an excellent technical rating, the quality of the presented setup is not ideal 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
6.92
12.37
We found 1 important support area.
- Support @6.99 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 | UP | POSITIVE | The short term trend for ONEG is up. |
| 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) | 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). |
| Relative Strength Index/RSI (14) | 78.08 | OVERBOUGHT | The high RSI value suggests ONEG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ONEG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.06 | OVERBOUGHT | The high Stochastics value suggests ONEG may be overbought. |
| Average True Range in percent/ATR (20) | 10.45 | HIGH VOLATILITY | The high ATR as a percentage value for ONEG suggests high volalility. |
| Average Directional Index/ADX (14) | 33.23 | 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)
12.25
+0.19 (+1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg1.58%
1 Week8.22%
2 Weeks28.68%
1 Month110.48%
3 Month248.99%
6 Month417.97%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.28
ATR(20)%10.45%
ATR Inc-37.69%
Range Today0.55
ADR(20)1.25
ADR(20)%10.24%
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 High12.47
10 Day Low9.5
20 Day High12.47
20 Day Low5.8
52 Week HighN/A
52 Week LowN/A
CS1 End6.99
CR1 StartN/A
Volume & EV
DER(3)0.79%
DER(5)-5.94%
Volume214.10K
Volume Incr131.15%
Vol(5)321.10K
Vol(50)303.55K