ON24 INC (ONTF) Technical Analysis
NYSE:ONTF • US68339B1044
Current stock price
ONTF Technical Rating and Analysis
Overall ONTF gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ONTF has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ONTF did better than 83% of all other stocks.
- ONTF is part of the Software industry. There are 275 other stocks in this industry. ONTF outperforms 89% of them.
- A new 52 week high is currently being made by ONTF, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so ONTF is leading the market.
- In the last month ONTF has a been trading in a tight range between 8.02 and 8.11.
- Volume is considerably higher in the last couple of days.
ONTF Weekly and Daily overview Charts
ONTF Setup Rating and Analysis
ONTF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.08, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ONTF Support and Resistance Analysis
5.19
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.75 to 8.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.24 to 5.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 8.11 to 8.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
ONTF Technical Indicator Signal Analysis
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 ONTF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ONTF is up. |
| ChartMill Relative Strength | 83.48 | POSITIVE | ONTF has a high relative strength, it outperformed 83.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONTF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ONTF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ONTF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.73 | NEUTRAL | The RSI value for ONTF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ONTF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 85.19 | OVERBOUGHT | The high Stochastics value suggests ONTF may be overbought. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for ONTF suggests low volalility. |
| Average Directional Index/ADX (14) | 57.66 | POSITIVE | The high ADX value value for ONTF suggests a strong trend. |
ONTF Chart- and CandleStick Pattern Analysis
ONTF Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.12 | 8.03 | 0.09 (1.11%) | 25.00% |
| An entry @8.12. This is a Buy Stop order right above the resistance zone. | An exit @8.03. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.09 points, which is 1.11%. | For a 0.28% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ONTF Technicals: Chart, Performance Metrics, Trend & Indicators
8.1
+0.01 (+0.12%)
ON24 INC / ONTF TA FAQ
Can you provide the ChartMill technical rating for ON24 INC?
ChartMill assigns a technical rating of 9 / 10 to ONTF.
What is the current trend direction of ON24 INC (ONTF) stock?
The current trend direction for ON24 INC (ONTF) is Bullish.
Can you provide the RSI signal for ON24 INC?
ON24 INC (ONTF) has an RSI value of 69.727. This indicates that the stock is currently neutral.
What is the MACD signal for ON24 INC (ONTF) stock?
The MACD indicator for ON24 INC (ONTF) has a value of -0.00625053, indicating a bearish trend.
What is the buy/sell signal for ONTF stock?
The buy/sell signal for ON24 INC (ONTF) is buy as both the short term and long term trends are positive.