ONTEX GROUP NV (ONTEX.BR)       7.63  +0.09 (+1.26%)

7.63  +0.09 (+1.26%)

BE0974276082 - Common Stock

Technical Rating

Taking everything into account, ONTEX scores 6 out of 10 in our technical rating. In the last year, ONTEX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.



The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ONTEX has a been trading in the 5.86 - 7.88 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ONTEX is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so ONTEX is still doing slightly better than the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
When comparing the yearly performance of all stocks, ONTEX is a bad performer in the overall market: 78% of all stocks are doing better.
ONTEX is one of the lesser performing stocks in the Personal Products industry. 84% of 6 stocks in the same industry do better.

Statistics

1 Month 3 Months 6 Months 12 Months 11.79% 6.42% -5.33% -31.20% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 22.46 5.73 - 11.27
ONTEX Weekly chart
ONTEX Daily chart

Support/Resistance Analysis


5.86

10.07
2 important support areas can be observed.
  • A support zone ranging from 6.67 to 6.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @5.92 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
  • A resistance zone ranging from 7.64 to 7.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @9.97 from a trend line in the weekly time frame.

Setup Analysis

Setup Rating

ONTEX has an average technical rating and it also does not offer a high quality setup 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.


ONTEX Daily chart

ONTEX GROUP NV7.63

EBR:ONTEX (5/16/2022, 5:29:46 PM)+0.09 (+1.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Staples
GICS Industry Personal Products
Performance
Today 1.26% 1 Week 27.49%
2 Weeks 18.85% 1 Month 11.79%
3 Month 6.42% 6 Month -5.33%
Volatility
ATR(14) 0.35 ATR(20)% 4.32%
ATR Inc -27.07% Range Today 0.26
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 22.46 Mansfield 0.21
10 Day High 7.88 10 Day Low 5.86
20 Day High 7.88 20 Day Low 5.86
52 Week High 11.27 52 Week Low 5.73
CS1 End 6.83 CR1 Start 7.64
Volume & EV
DER(3) 0.17% DER(5) 0.49%
Volume 104.75K Volume Incr 320.64%
Vol(5) 551.94K Vol(50) 228.38K

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