ONFOLIO HOLDINGS INC -27 (ONFOW) Stock Technical Analysis
USA - NASDAQ:ONFOW -
Taking everything into account, ONFOW scores 3 out of 10 in our technical rating. Although ONFOW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, ONFOW 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 ONFOW 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.
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0.10
We found 4 important support areas.
- Support @0.15 from a trend line in the daily time frame.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.12 from a trend line in the weekly time frame.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.28 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.30 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 | DOWN | NEGATIVE | The long term trend for ONFOW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ONFOW is down. |
| ChartMill Relative Strength | 87.88 | POSITIVE | ONFOW has a high relative strength, it outperformed 87.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONFOW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ONFOW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ONFOW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.3 | NEUTRAL | The RSI value for ONFOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ONFOW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.66 | NEUTRAL | The Stochastics value for ONFOW is a neutral value. |
| Average True Range in percent/ATR (20) | 25.19 | HIGH VOLATILITY | The high ATR as a percentage value for ONFOW suggests high volalility. |
| Average Directional Index/ADX (14) | 16.67 | NEGATIVE | The low ADX value for ONFOW suggests a weak or negative trend. |
0.16
-0.01 (-8.36%)
ONFOLIO HOLDINGS INC -27 / ONFOW FAQ
What is the ChartMill technical rating of ONFOLIO HOLDINGS INC -27 (ONFOW) stock?
ChartMill assigns a technical rating of 3 / 10 to ONFOW.
What is the current trend direction of ONFOLIO HOLDINGS INC -27 (ONFOW) stock?
The current trend direction for ONFOLIO HOLDINGS INC -27 (ONFOW) is Bearish.
What is the RSI signal for ONFOW stock?
ONFOLIO HOLDINGS INC -27 (ONFOW) has an RSI value of 44.3003. This indicates that the stock is currently neutral.
What is the MACD signal for ONFOW stock?
The MACD indicator for ONFOLIO HOLDINGS INC -27 (ONFOW) has a value of -0.00184746, indicating a bearish trend.
What is the short term momentum for ONFOLIO HOLDINGS INC -27 (ONFOW) stock?
The short term momentum for ONFOLIO HOLDINGS INC -27 (ONFOW) is negative.