ONFOLIO HOLDINGS INC (ONFO) Stock Technical Analysis
USA - NASDAQ:ONFO - US68277K2078 - Common Stock
1.11 USD
0 (0%)
1.1 USD
-0.01 (-0.9%)
Taking everything into account, ONFO scores 6 out of 10 in our technical rating. ONFO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
In the last month ONFO has a been trading in the 0.93 - 1.95 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, ONFO turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
ONFO is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, ONFO did better than 50% of them.
ONFO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ONFO is lagging the market.
Volume is considerably higher in the last couple of days.
ONFO has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
0.89
1.42
When analyzing the support we can see 4 important areas.
- Support @1.03 from a horizontal line in the daily time frame.
- A support zone ranging from 1.00 to 1.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.98 to 0.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.90 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.11 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.23 from a trend line in the weekly time frame.
- Resistance @1.37 from a trend line in the daily time frame.
- Resistance @1.41 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 ONFO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ONFO is neutral. |
| ChartMill Relative Strength | 54.93 | NEUTRAL | ONFO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONFO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ONFO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ONFO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.59 | NEUTRAL | The RSI value for ONFO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ONFO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 17.65 | OVERSOLD | The low Stochastics value suggests ONFO may be oversold. |
| Average True Range in percent/ATR (20) | 11.36 | HIGH VOLATILITY | The high ATR as a percentage value for ONFO suggests high volalility. |
| Average Directional Index/ADX (14) | 38.42 | POSITIVE | The high ADX value value for ONFO suggests a strong 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)
1.11
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg0%
1 Week-1.77%
2 Weeks8.82%
1 Month6.22%
3 Month9.9%
6 Month5.71%
12 Month4.72%
2 Year32.05%
3 Year-4.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%11.36%
ATR Inc-41.17%
Range Today0.09
ADR(20)0.12
ADR(20)%10.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.93
Mansfield-1.42
10 Day High1.95
10 Day Low0.98
20 Day High1.95
20 Day Low0.93
52 Week High1.95
52 Week Low0.61
CS1 End1.03
CR1 Start1.11
Volume & EV
DER(3)6.88%
DER(5)0.61%
Volume258.60K
Volume Incr8141.03%
Vol(5)6.44M
Vol(50)717.90K