ONEWATER MARINE INC-CL A (ONEW) Stock Technical Analysis
NASDAQ:ONEW - Nasdaq - US68280L1017 - Common Stock - Currency: USD
Overall ONEW gets a technical rating of 3 out of 10. ONEW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
82% of all other stocks performed better in the past year than ONEW.
ONEW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ONEW is an average performer in the Specialty Retail industry, it outperforms 43% of 122 stocks in the same industry.
In the last month ONEW has a been trading in the 13.66 - 16.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher 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.
More info and screens
13.08
24.65
When analyzing the support we can see 2 important areas.
- Support @14.02 from a trend line in the daily time frame.
- Support @13.21 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 14.68 to 14.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.38 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 15.67 to 15.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @16.08 from a horizontal line in the daily time frame.
- Resistance @24.41 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 | NEUTRAL | NEUTRAL | The long term trend for ONEW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ONEW is neutral. |
| ChartMill Relative Strength | 18.07 | NEGATIVE | ONEW has a low relative strength, it was outperformed by 81.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ONEW is below 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) | 49.01 | NEUTRAL | The RSI value for ONEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ONEW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.48 | NEUTRAL | The Stochastics value for ONEW is a neutral value. |
| Average True Range in percent/ATR (20) | 6.35 | HIGH VOLATILITY | The high ATR as a percentage value for ONEW suggests high volalility. |
| Average Directional Index/ADX (14) | 11.7 | 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)
14.56
-0.47 (-3.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-3.13%
1 Week-9.4%
2 Weeks3.7%
1 Month4.97%
3 Month16.11%
6 Month-19.42%
12 Month-34.71%
2 Year-61.33%
3 Year-59.82%
5 Year-41.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%6.35%
ATR Inc-6.5%
Range Today1.02
ADR(20)0.87
ADR(20)%5.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.07
Mansfield-2.64
10 Day High16.1
10 Day Low13.73
20 Day High16.2
20 Day Low13.67
52 Week High26.78
52 Week Low11.58
CS1 End14.02
CR1 Start14.68
Volume & EV
DER(3)-0.16%
DER(5)-1.52%
Volume282.31K
Volume Incr35.49%
Vol(5)188.94K
Vol(50)136.21K