ONITY GROUP INC (ONIT) Technical Analysis
NYSE:ONIT • US6757466064
Current stock price
ONIT Technical Rating and Analysis
Overall ONIT gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ONIT is only an average performer.
- The long and short term trends are both positive. This is looking good!
- ONIT is one of the better performing stocks in the Financial Services industry, it outperforms 70% of 99 stocks in the same industry.
- In the last month ONIT has a been trading in the 36.88 - 46.17 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, ONIT outperforms 59% of them, which is more or less in line with the market.
- ONIT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ONIT is lagging the market.
ONIT Weekly and Daily overview Charts
ONIT Setup Rating and Analysis
ONIT has an excellent technical rating, but 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
ONIT Support and Resistance Analysis
36.16
When analyzing the support we can see 3 important areas.
- A support zone ranging from 44.00 to 44.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.02 from a trend line in the weekly time frame.
- A support zone ranging from 36.53 to 36.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.53 to 45.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
ONIT Technical Indicator Signal Analysis
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 ONIT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ONIT is up. |
| ChartMill Relative Strength | 59.64 | NEUTRAL | ONIT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONIT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ONIT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ONIT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.03 | NEUTRAL | The RSI value for ONIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests ONIT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.58 | OVERBOUGHT | The high Stochastics value suggests ONIT may be overbought. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for ONIT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.01 | NEUTRAL | The ADX value for ONIT suggests a possible start of a new trend. |
ONIT Chart- and CandleStick Pattern Analysis
ONIT 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 45.85 | 43.99 | 1.86 (4.06%) | 24.65% |
| An entry @45.85. This is a Buy Stop order right above the resistance zone. | An exit @43.99. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.86 points, which is 4.06%. | When investing 24.65% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ONIT. Please evaluate whether better entry and exit points can be found.
- 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.
ONIT Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:ONIT (4/22/2026, 10:16:20 AM)
45
+0.33 (+0.74%)
ONITY GROUP INC / ONIT TA FAQ
What is the ChartMill technical rating of ONITY GROUP INC (ONIT) stock?
ChartMill assigns a technical rating of 8 / 10 to ONIT.
What is the current trend direction of ONITY GROUP INC (ONIT) stock?
The current trend direction for ONITY GROUP INC (ONIT) is Bullish.
What is the RSI signal for ONITY GROUP INC (ONIT) stock?
ONITY GROUP INC (ONIT) has an RSI value of 62.0297. This indicates that the stock is currently neutral.
What is the MACD signal for ONIT stock?
The MACD indicator for ONITY GROUP INC (ONIT) has a value of 0.513933, indicating a bearish trend.
What are the support and resistance levels for ONITY GROUP INC (ONIT) stock?
ONITY GROUP INC (ONIT) has a support level at 44.66 and a resistance level at 45.53. Check the full technical report for our detailed analysis of ONIT support and resistance levels.