ON24 INC (ONTF) Stock Technical Analysis
NYSE:ONTF - New York Stock Exchange, Inc. - US68339B1044 - Common Stock - Currency: USD
Taking everything into account, ONTF scores 0 out of 10 in our technical rating. ONTF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
85% of all other stocks performed better in the past year than ONTF.
ONTF is part of the Software industry. There are 281 other stocks in this industry, of which 68% are performing better than ONTF.
ONTF is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
ONTF is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ONTF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.75. Right above this resistance zone may be a good entry point.
More info and screens
4.69
7.05
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 4.75 to 4.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.45 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.62 to 6.71. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 6.91 to 6.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.19
Mansfield-2.21
10 Day High4.78
10 Day Low4.35
20 Day High5.1
20 Day Low4.35
52 Week High7.04
52 Week Low4.35
Performance
1 Week1.07%
2 Weeks4.87%
1 Month-4.44%
3 Month-31.2%
6 Month-19.66%
12 Month-28.29%
2 Year-40.68%
3 Year-60.96%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)43.54
LBB4.48
UBB4.79
4.74
+0.09 (+1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.94%
1 Week1.07%
2 Weeks4.87%
1 Month-4.44%
3 Month-31.2%
6 Month-19.66%
12 Month-28.29%
2 Year-40.68%
3 Year-60.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%4.38%
ATR Inc-43.09%
Range Today0.09
ADR(20)0.2
ADR(20)%4.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.19
Mansfield-2.21
10 Day High4.78
10 Day Low4.35
20 Day High5.1
20 Day Low4.35
52 Week High7.04
52 Week Low4.35
CS1 EndN/A
CR1 Start4.75
Volume & EV
DER(3)-2.58%
DER(5)-2.15%
Volume61.70K
Volume Incr-57.27%
Vol(5)60.56K
Vol(50)154.78K