ONEWATER MARINE INC-CL A (ONEW) Stock Technical Analysis
NASDAQ:ONEW - Nasdaq - US68280L1017 - Common Stock - Currency: USD
Taking everything into account, ONEW scores 2 out of 10 in our technical rating. In the past year, ONEW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, ONEW is a bad performer in the overall market: 90% of all stocks are doing better.
ONEW is one of the lesser performing stocks in the Specialty Retail industry. 74% of 120 stocks in the same industry do better.
ONEW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ONEW is lagging the market.
In the last month ONEW has a been trading in the 12.52 - 15.86 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ONEW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for ONEW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
13.67
25.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.65 to 14.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.81 to 13.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- Resistance @15.24 from a horizontal line in the weekly time frame.
- Resistance @15.68 from a horizontal line in the daily time frame.
- Resistance @17.87 from a trend line in the daily time frame.
- Resistance @24.23 from a trend line in the weekly time frame.
- Resistance @25.32 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 | DOWN | NEGATIVE | The long term trend for ONEW is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ONEW is up. |
| ChartMill Relative Strength | 10.15 | NEGATIVE | ONEW has a low relative strength, it was outperformed by 89.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONEW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ONEW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ONEW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.05 | NEUTRAL | The RSI value for ONEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ONEW has a positive trend. |
| Stochastics (14,3) | 65.6 | NEUTRAL | The Stochastics value for ONEW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.71 | HIGH VOLATILITY | The high ATR as a percentage value for ONEW suggests high volalility. |
| Average Directional Index/ADX (14) | 11.51 | NEGATIVE | The low ADX value for ONEW suggests a weak or negative 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)
15.18
+0.48 (+3.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg3.27%
1 Week2.78%
2 Weeks8.27%
1 Month20.76%
3 Month-10.86%
6 Month-25.37%
12 Month-48.17%
2 Year-58.11%
3 Year-54.07%
5 Year-37.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%5.71%
ATR Inc-7.78%
Range Today0.55
ADR(20)0.8
ADR(20)%5.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.15
Mansfield-2.79
10 Day High15.49
10 Day Low13.41
20 Day High15.86
20 Day Low12.52
52 Week High31
52 Week Low11.58
CS1 End14.99
CR1 Start15.24
Volume & EV
DER(3)3.24%
DER(5)3.6%
Volume87.80K
Volume Incr-46.19%
Vol(5)96.86K
Vol(50)159.26K