EBR:ONTEX - Euronext Brussels - BE0974276082 - Common Stock - Currency: EUR
Taking everything into account, ONTEX scores 1 out of 10 in our technical rating. ONTEX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ONTEX is bad and it also does not present a 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.
7.11
When analyzing the support we notice one important area.
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 | DOWN | NEGATIVE | The long term trend for ONTEX.BR is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ONTEX.BR is neutral. |
ChartMill Relative Strength | 16.88 | NEGATIVE | ONTEX.BR has a low relative strength, it was outperformed by 83.12% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONTEX.BR is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ONTEX.BR is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ONTEX.BR is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.36 | NEUTRAL | The RSI value for ONTEX.BR is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ONTEX.BR has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 71.87 | NEUTRAL | The Stochastics value for ONTEX.BR is a neutral value. |
Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for ONTEX.BR suggests low volalility. |
Average Directional Index/ADX (14) | 16.44 | NEGATIVE | The low ADX value for ONTEX.BR suggests a weak or negative trend. |
EBR:ONTEX (6/2/2025, 7:00:00 PM)
7.66
-0.18 (-2.3%)