NASDAQ:ONEW • US68280L1017
We assign a technical rating of 1 out of 10 to ONEW. ONEW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ONEW has a poor technical rating and the quality of the setup is also not perfect 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.
10.80
We can see 5 important resistance areas.
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 | DOWN | NEGATIVE | The short term trend for ONEW is down. |
| ChartMill Relative Strength | 15.27 | NEGATIVE | ONEW has a low relative strength, it was outperformed by 84.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONEW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ONEW is below the rising 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) | 36.1 | NEUTRAL | The RSI value for ONEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests ONEW has a negative trend. |
| Stochastics (14,3) | 15.28 | OVERSOLD | The low Stochastics value suggests ONEW may be oversold. |
| Average True Range in percent/ATR (20) | 7.36 | HIGH VOLATILITY | The high ATR as a percentage value for ONEW suggests high volalility. |
| Average Directional Index/ADX (14) | 20.46 | NEUTRAL | The ADX value for ONEW suggests a possible start of a new trend. |
10.91
-0.25 (-2.24%)
ChartMill assigns a technical rating of 1 / 10 to ONEW.
The current trend direction for ONEWATER MARINE INC-CL A (ONEW) is Bearish.
ONEWATER MARINE INC-CL A (ONEW) has an RSI value of 36.1001. This indicates that the stock is currently neutral.
The short term momentum for ONEWATER MARINE INC-CL A (ONEW) is negative.
The buy/sell signal for ONEWATER MARINE INC-CL A (ONEW) is sell as both the short term and long term trends are negative.