ONTO INNOVATION INC (ONTO)

US6833441057 - Common Stock

209.46  +3.31 (+1.61%)

Technical Rating and Analysis

10

Overall ONTO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ONTO has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ONTO did better than 96% of all other stocks. We also observe that the gains produced by ONTO over the past year are nicely spread over this period.
ONTO is part of the Semiconductors & Semiconductor Equipment industry. There are 107 other stocks in this industry. ONTO outperforms 94% of them.
ONTO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ONTO has a been trading in the 166.65 - 213.47 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ONTO Weekly chart
ONTO Daily chart
Setup Rating and Analysis

3

Although ONTO 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.

Support and Resistance Analysis

149.88

211.55

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 184.15 to 187.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 174.55 to 175.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @167.95 from a horizontal line in the daily time frame.
  • Support @151.39 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.6
Mansfield3.07
10 Day High213.47
10 Day Low173.37
20 Day High213.47
20 Day Low166.65
52 Week High213.47
52 Week Low88.03
Performance
1 Week11.29%
2 Weeks16.63%
1 Month11.84%
3 Month14.52%
6 Month52.08%
12 Month133.52%
2 Year156.47%
3 Year187.24%
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)2.96
RSI(14)64.39
LBB162.67
UBB215.69
ONTO Daily chart

ONTO INNOVATION INC

NYSE:ONTO (5/9/2024, 11:09:07 AM)

209.46

+3.31 (+1.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.61%
1 Week11.29%
2 Weeks16.63%
1 Month11.84%
3 Month14.52%
6 Month52.08%
12 Month133.52%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.88
ATR(20)%3.85%
ATR Inc
Range Today4.48
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High213.47
10 Day Low173.37
20 Day High213.47
20 Day Low166.65
52 Week High213.47
52 Week Low88.03
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume211.70K
Volume Incr31.06%
Vol(5)574.36K
Vol(50)416.54K