NYSE:ONON - New York Stock Exchange, Inc. - CH1134540470 - Common Stock - Currency: USD
Taking everything into account, ONON scores 3 out of 10 in our technical rating. ONON was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is bad, ONON does present a nice setup opportunity. Prices have been consolidating lately.
40.19
We found 3 important support areas.
When analyzing the resistance we notice 4 important areas.
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 ONON is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ONON is down. |
ChartMill Relative Strength | 77.94 | POSITIVE | ONON has a high relative strength, it outperformed 77.94% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONON is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ONON is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ONON is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 42.23 | NEUTRAL | The RSI value for ONON is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests ONON has a negative trend. |
Stochastics (14,3) | 20.83 | NEUTRAL | The Stochastics value for ONON is a neutral value. |
Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for ONON suggests some volalility. |
Average Directional Index/ADX (14) | 19.97 | NEGATIVE | The low ADX value for ONON suggests a weak or negative trend. |
50.76
+0.81 (+1.62%)