ONTEX GROUP NV (ONTEX.BR)       7.425  -0.03 (-0.34%)

7.425  -0.03 (-0.34%)

BE0974276082 - Common Stock

Technical Rating

8

Taking everything into account, ONTEX scores 8 out of 10 in our technical rating. Although ONTEX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.



Both the short term and long term trends are positive. This is a very positive sign.
ONTEX is part of the Personal Products industry. There are 7 other stocks in this industry. ONTEX outperforms 71% of them.
ONTEX is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ONTEX slightly outperforms the market at the moment.
In the last month ONTEX has a been trading in the 6.70 - 7.66 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ONTEX is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall good ranking is mostly due to the recent strong move.

Statistics

1 Month 3 Months 6 Months 12 Months 6.60% 28.13% 21.03% 5.39% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 92.64 5.13 - 7.9
ONTEX Weekly chart
ONTEX Daily chart

Support/Resistance Analysis


5.86

7.53
When analyzing the support we can see 4 important areas.
  • Support @6.82 from a horizontal line in the daily time frame.
  • A support zone ranging from 6.59 to 6.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @6.36 from a trend line in the daily time frame.
  • Support @5.92 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
  • A resistance zone ranging from 7.43 to 7.46. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

3

Although ONTEX has an excellent technical rating, it 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 NV7.425

EBR:ONTEX (2/3/2023, 7:00:00 PM)-0.03 (-0.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Staples
GICS Industry Personal Products

Performance
Today -0.34% 1 Week 4.06%
2 Weeks 6.76% 1 Month 6.6%
3 Month 28.13% 6 Month 21.03%

Volatility
ATR(14) 0.23 ATR(20)% 3.1%
ATR Inc 69.34% Range Today 0.17

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 92.64 Mansfield 1.04
10 Day High 7.66 10 Day Low 6.7
20 Day High 7.66 20 Day Low 6.7
52 Week High 7.9 52 Week Low 5.13
CS1 End 6.82 CR1 Start 7.43

Volume & EV
DER(3) 0.55% DER(5) 0.66%
Volume 185.91K Volume Incr 18.15%
Vol(5) 156.55K Vol(50) 122.25K

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