ONEMEDNET CORP (ONMD) Stock Technical Analysis
USA - NASDAQ:ONMD - US68270C1036 - Common Stock
2.28 USD
-0.29 (-11.28%)
2.3499 USD
+0.07 (+3.07%)
We assign a technical rating of 9 out of 10 to ONMD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ONMD is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
ONMD is part of the Health Care Technology industry. There are 35 other stocks in this industry. ONMD outperforms 100% of them.
ONMD has an average volume of 14703500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ONMD did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
ONMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ONMD is lagging the market.
In the last month ONMD has a been trading in the 0.87 - 4.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although ONMD has an excellent technical rating, it does not present a decent entry opportunity 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
2.26
2.30
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 ONMD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ONMD is up. |
| ChartMill Relative Strength | 99.02 | POSITIVE | ONMD has a high relative strength, it outperformed 99.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ONMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ONMD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.97 | NEUTRAL | The RSI value for ONMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ONMD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.11 | NEUTRAL | The Stochastics value for ONMD is a neutral value. |
| Average True Range in percent/ATR (20) | 20.24 | HIGH VOLATILITY | The high ATR as a percentage value for ONMD suggests high volalility. |
| Average Directional Index/ADX (14) | 62.41 | POSITIVE | The high ADX value value for ONMD 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)
2.28
-0.29 (-11.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-11.28%
1 Week-27.39%
2 Weeks121.36%
1 Month141.78%
3 Month307.14%
6 Month406.67%
12 Month230.34%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%20.24%
ATR Inc-32.57%
Range Today0.34
ADR(20)0.43
ADR(20)%19.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.02
Mansfield15.15
10 Day High4.22
10 Day Low1.41
20 Day High4.22
20 Day Low0.87
52 Week High4.22
52 Week Low0.3
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-4.26%
DER(5)-2.52%
Volume798.30K
Volume Incr-87.71%
Vol(5)2.09M
Vol(50)14.70M