ONEX CORPORATION (ONEX.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ONEX - CA68272K1030 - Common Stock
Overall ONEX gets a technical rating of 4 out of 10. In the last year, ONEX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, ONEX is a bad performer in the overall market: 80% of all stocks are doing better.
- ONEX is one of the lesser performing stocks in the Capital Markets industry. 76% of 81 stocks in the same industry do better.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- In the last month ONEX has a been trading in the 110.41 - 119.77 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- ONEX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ONEX is lagging the market.
Although the technical rating is only medium, ONEX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 118.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 115.32, a Stop Loss order could be placed below this zone.
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87.64
When analyzing the support we can see 6 important areas.
- A support zone ranging from 114.37 to 115.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 111.93 to 112.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @110.15 from a trend line in the daily time frame.
- Support @107.00 from a horizontal line in the weekly time frame.
- A support zone ranging from 104.83 to 104.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @88.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 118.09 to 119.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 122.88 to 125.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ONEX.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ONEX.CA is neutral. |
| ChartMill Relative Strength | 20.62 | NEGATIVE | ONEX.CA has a low relative strength, it was outperformed by 79.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONEX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ONEX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ONEX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.24 | NEUTRAL | The RSI value for ONEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests ONEX.CA has a negative trend. |
| Stochastics (14,3) | 34.35 | NEUTRAL | The Stochastics value for ONEX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for ONEX.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.57 | NEGATIVE | The low ADX value for ONEX.CA suggests a weak or negative trend. |
TSX:ONEX (1/23/2026, 7:00:00 PM)
115.55
+0.23 (+0.2%)
ONEX CORPORATION / ONEX.CA FAQ
What is the technical rating for ONEX stock?
ChartMill assigns a technical rating of 4 / 10 to ONEX.CA.
What is the current trend direction of ONEX CORPORATION (ONEX.CA) stock?
The current trend direction for ONEX CORPORATION (ONEX.CA) is Bullish.
What is the RSI signal for ONEX CORPORATION (ONEX.CA) stock?
ONEX CORPORATION (ONEX.CA) has an RSI value of 52.2443. This indicates that the stock is currently neutral.
What is the MACD signal for ONEX CORPORATION (ONEX.CA) stock?
The MACD indicator for ONEX CORPORATION (ONEX.CA) has a value of -0.171445, indicating a bearish trend.
Can you provide the short term momentum for ONEX CORPORATION?
The short term momentum for ONEX CORPORATION (ONEX.CA) is neutral.