ONFOLIO HOLDINGS INC (ONFO)

US68277K2078 - Common Stock

0.637  +0.08 (+13.75%)

After market: 0.648 +0.01 (+1.73%)

Technical Rating and Analysis

6

Overall ONFO gets a technical rating of 6 out of 10. In the last year, ONFO 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, ONFO is a bad performer in the overall market: 80% of all stocks are doing better.
ONFO 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ONFO is part of the Interactive Media & Services industry. There are 68 other stocks in this industry, ONFO did better than 44% of them.
In the last month ONFO has a been trading in the 0.39 - 0.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ONFO Weekly chart
ONFO Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, ONFO does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for ONFO in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.39

0.64

When analyzing the support we notice one important area.

  • Support @0.39 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.83
Mansfield-2.58
10 Day High0.74
10 Day Low0.45
20 Day High0.74
20 Day Low0.39
52 Week High2.4
52 Week Low0.39
Performance
1 Week10.23%
2 Weeks4.63%
1 Month59.25%
3 Month24.9%
6 Month-3.48%
12 Month-43.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)62.63
LBB0.4
UBB0.67
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
0.750.440.31 (41.07%)2.44%
An entry @0.75. This is a Buy Stop order right above the 10 day high.An exit @0.44. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.31 points, which is 41.07%.For a 1.00% total portfolio risk, you can invest 2.44% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ONFO Daily chart

ONFOLIO HOLDINGS INC

NASDAQ:ONFO (5/6/2024, 7:19:10 PM)

After market: 0.648 +0.01 (+1.73%)

0.637

+0.08 (+13.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg13.75%
1 Week10.23%
2 Weeks4.63%
1 Month59.25%
3 Month24.9%
6 Month-3.48%
12 Month-43.63%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%11.92%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.74
10 Day Low0.45
20 Day High0.74
20 Day Low0.39
52 Week High2.4
52 Week Low0.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume365.10K
Volume Incr-79.02%
Vol(5)111.72K
Vol(50)239.16K