ONEWATER MARINE INC-CL A (ONEW) Technical Analysis
NASDAQ:ONEW • US68280L1017
Current stock price
ONEW Technical Rating and Analysis
Overall ONEW gets a technical rating of 1 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, ONEW is a bad performer in the overall market: 87% of all stocks are doing better.
- ONEW is part of the Specialty Retail industry. There are 122 other stocks in this industry, of which 69% are performing better 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.
- In the last month ONEW has a been trading in the 8.33 - 11.47 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.
ONEW Weekly and Daily overview Charts
ONEW Setup Rating and Analysis
The technical rating of ONEW is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ONEW Support and Resistance Analysis
9.56
We found 1 important support area.
- A support zone ranging from 9.66 to 9.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @11.79 from a trend line in the weekly time frame.
- Resistance @12.04 from a trend line in the daily time frame.
- Resistance @12.91 from a trend line in the weekly time frame.
- Resistance @13.20 from a trend line in the daily time frame.
ONEW Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for ONEW is neutral. |
| ChartMill Relative Strength | 13.67 | NEGATIVE | ONEW has a low relative strength, it was outperformed by 86.33% 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) | 62.94 | NEUTRAL | The RSI value for ONEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests ONEW has a positive trend. |
| Stochastics (14,3) | 64.17 | NEUTRAL | The Stochastics value for ONEW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.94 | HIGH VOLATILITY | The high ATR as a percentage value for ONEW suggests high volalility. |
| Average Directional Index/ADX (14) | 13.77 | NEGATIVE | The low ADX value for ONEW suggests a weak or negative trend. |
ONEW Chart- and CandleStick Pattern Analysis
ONEW Technicals: Chart, Performance Metrics, Trend & Indicators
11.15
+1.41 (+14.48%)
ONEWATER MARINE INC-CL A / ONEW TA FAQ
Can you provide the ChartMill technical rating for ONEWATER MARINE INC-CL A?
ChartMill assigns a technical rating of 1 / 10 to ONEW.
What is the current trend direction of ONEWATER MARINE INC-CL A (ONEW) stock?
The current trend direction for ONEWATER MARINE INC-CL A (ONEW) is Bearish.
What is the RSI signal for ONEWATER MARINE INC-CL A (ONEW) stock?
ONEWATER MARINE INC-CL A (ONEW) has an RSI value of 62.9352. This indicates that the stock is currently neutral.
What is the MACD signal for ONEWATER MARINE INC-CL A (ONEW) stock?
The MACD indicator for ONEWATER MARINE INC-CL A (ONEW) has a value of 0.19171, indicating a bearish trend.