ONFOLIO HOLDINGS INC -27 (ONFOW) Stock Technical Analysis
USA - NASDAQ:ONFOW -
0.19 USD
-0.04 (-18.1%)
0.35 USD
+0.16 (+84.21%)
Taking everything into account, ONFOW scores 7 out of 10 in our technical rating. In the past year, ONFOW was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
In the last month ONFOW has a been trading in the 0.15 - 0.35 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: ONFOW has an average volume of 13064 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that ONFOW is one of the better performing stocks in the market, outperforming 95% of all stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ONFOW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ONFOW is lagging the market.
ONFOW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. 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.
More info and screens
0.10
0.30
3 important support areas can be observed.
- A support zone ranging from 0.18 to 0.18. 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.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.28 from a trend line in the weekly time frame.
- Resistance @0.29 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines 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 ONFOW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ONFOW is neutral. |
| ChartMill Relative Strength | 95.39 | POSITIVE | ONFOW has a high relative strength, it outperformed 95.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ONFOW is below the rising 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) | 43.18 | NEUTRAL | The RSI value for ONFOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ONFOW has a negative trend. |
| Stochastics (14,3) | 33.79 | NEUTRAL | The Stochastics value for ONFOW is a neutral value. |
| Average True Range in percent/ATR (20) | 28.62 | HIGH VOLATILITY | The high ATR as a percentage value for ONFOW suggests high volalility. |
| Average Directional Index/ADX (14) | 20.52 | NEUTRAL | The ADX value for ONFOW suggests a possible start of a new 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)
0.19
-0.04 (-18.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-18.1%
1 Week-23.97%
2 Weeks-23.94%
1 Month14.39%
3 Month89.81%
6 Month-32.14%
12 Month94.87%
2 Year217.73%
3 Year-12.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%28.62%
ATR Inc34.01%
Range Today0
ADR(20)0.05
ADR(20)%24.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.39
Mansfield-1.37
10 Day High0.35
10 Day Low0.18
20 Day High0.35
20 Day Low0.15
52 Week High0.35
52 Week Low0.08
CS1 End0.18
CR1 Start0.2
Volume & EV
DER(3)16.71%
DER(5)5.9%
Volume11.90K
Volume Incr1144.27%
Vol(5)62.96K
Vol(50)13.06K