ONEWATER MARINE INC-CL A (ONEW) Stock Technical Analysis
NASDAQ:ONEW - Nasdaq - US68280L1017 - Common Stock - Currency: USD
Overall ONEW gets a technical rating of 5 out of 10. 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: 80% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ONEW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ONEW is an average performer in the Specialty Retail industry, it outperforms 42% of 124 stocks in the same industry.
ONEW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ONEW is lagging the market.
ONEW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 17.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.50, a Stop Loss order could be placed below this zone.
More info and screens
14.36
18.01
3 important support areas can be observed.
- A support zone ranging from 16.25 to 16.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.03 to 15.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.51 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.12 to 17.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.83 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 | NEUTRAL | NEUTRAL | The long term trend for ONEW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ONEW is up. |
| ChartMill Relative Strength | 20.91 | NEGATIVE | ONEW has a low relative strength, it was outperformed by 79.09% 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) | UP | POSITIVE | The current price of ONEW is above 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) | 56.06 | NEUTRAL | The RSI value for ONEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ONEW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.75 | NEUTRAL | The Stochastics value for ONEW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.74 | HIGH VOLATILITY | The high ATR as a percentage value for ONEW suggests high volalility. |
| Average Directional Index/ADX (14) | 19.08 | 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)
16.52
-0.63 (-3.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-3.67%
1 Week-4.78%
2 Weeks1.66%
1 Month2.8%
3 Month19.54%
6 Month-7.92%
12 Month-32.95%
2 Year-36.73%
3 Year-58.54%
5 Year-42.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%5.74%
ATR Inc18.81%
Range Today0.9
ADR(20)0.9
ADR(20)%5.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.91
Mansfield-1.43
10 Day High17.76
10 Day Low15.04
20 Day High17.76
20 Day Low14.35
52 Week High26.78
52 Week Low11.58
CS1 End16.5
CR1 Start17.12
Volume & EV
DER(3)-2.37%
DER(5)-1.08%
Volume62.80K
Volume Incr-9.92%
Vol(5)125.88K
Vol(50)142.50K