ONECONSTRUCTION GROUP LTD (ONEG) Stock Technical Analysis
NASDAQ:ONEG - Nasdaq - KYG6826S1003 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to ONEG. 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 part of the Construction & Engineering industry. There are 49 other stocks in this industry, of which 81% are performing better than ONEG.
In the last month ONEG has a been trading in the 4.77 - 10.80 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both positive. This is looking good!
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ONEG also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
5.25
6.74
2 important support areas can be observed.
- Support @5.78 from a horizontal line in the daily time frame.
- Support @5.30 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @6.67 from a horizontal 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 | MIXED | The current price of ONEG is below 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) | 50.67 | NEUTRAL | The RSI value for ONEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests ONEG has a negative trend. |
| Stochastics (14,3) | 45.12 | NEUTRAL | The Stochastics value for ONEG is a neutral value. |
| Average True Range in percent/ATR (20) | 18.72 | HIGH VOLATILITY | The high ATR as a percentage value for ONEG suggests high volalility. |
| Average Directional Index/ADX (14) | 31.71 | 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)
5.89
-0.77 (-11.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-11.56%
1 Week-1.01%
2 Weeks-10.76%
1 Month22.71%
3 Month191.58%
6 Month115.75%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%18.72%
ATR Inc20.84%
Range Today0.87
ADR(20)1.1
ADR(20)%18.69%
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 High6.89
10 Day Low5.04
20 Day High10.8
20 Day Low4.77
52 Week HighN/A
52 Week LowN/A
CS1 End5.78
CR1 Start6.67
Volume & EV
DER(3)-7.48%
DER(5)-1.98%
Volume37.80K
Volume Incr-95.2%
Vol(5)28.00K
Vol(50)246.87K