ONTO INNOVATION INC (ONTO) Stock Technical Analysis
USA - NYSE:ONTO - US6833441057 - Common Stock
127.92 USD
-1.81 (-1.4%)
127.32 USD
-0.6 (-0.47%)
Overall ONTO gets a technical rating of 5 out of 10. In the last year, ONTO was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
ONTO is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 63% of 112 stocks in the same industry do better.
ONTO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ONTO has an average volume of 1341700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, ONTO turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
In the last month ONTO has a been trading in the 118.97 - 145.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ONTO does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 127.91, a Stop Loss order could be placed below this zone.
More info and screens
87.62
197.62
4 important support areas can be observed.
- A support zone ranging from 127.91 to 127.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @101.55 from a trend line in the weekly time frame.
- Support @91.94 from a horizontal line in the daily time frame.
- Support @88.50 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @139.61 from a trend line in the daily time frame.
- A resistance zone ranging from 143.72 to 145.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @195.66 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ONTO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ONTO is neutral. |
| ChartMill Relative Strength | 43.2 | NEUTRAL | ONTO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONTO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ONTO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ONTO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.7 | NEUTRAL | The RSI value for ONTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.96 | NEGATIVE | The MACD value suggests ONTO has a negative trend. |
| Stochastics (14,3) | 46.34 | NEUTRAL | The Stochastics value for ONTO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.91 | HIGH VOLATILITY | The high ATR as a percentage value for ONTO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.4 | NEGATIVE | The low ADX value for ONTO suggests a weak or negative trend. |
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)
127.92
-1.81 (-1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.4%
1 Week-8.03%
2 Weeks-5.22%
1 Month-4.54%
3 Month19.61%
6 Month28.69%
12 Month-19.31%
2 Year-9.28%
3 Year60%
5 Year189.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.05
ATR(20)%5.91%
ATR Inc26.22%
Range Today10.64
ADR(20)7.08
ADR(20)%5.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.2
3 months CRS88.26
6 months CRS84.88
Mansfield-1.28
10 Day High145.05
10 Day Low118.97
20 Day High145.05
20 Day Low118.97
52 Week High228.42
52 Week Low85.88
CS1 End127.91
CR1 Start139.61
Volume & EV
DER(3)1.66%
DER(5)0.46%
Volume775.20K
Volume Incr-18.82%
Vol(5)826.52K
Vol(50)1.34M
ONTO INNOVATION INC / ONTO FAQ
Can you provide the ChartMill technical rating for ONTO INNOVATION INC?
ChartMill assigns a technical rating of 5 / 10 to ONTO.
What is the current trend direction of ONTO INNOVATION INC (ONTO) stock?
The current trend direction for ONTO INNOVATION INC (ONTO) is Bearish.
What is the RSI signal for ONTO stock?
ONTO INNOVATION INC (ONTO) has an RSI value of 45.7031. This indicates that the stock is currently neutral.
What is the short term momentum for ONTO INNOVATION INC (ONTO) stock?
The short term momentum for ONTO INNOVATION INC (ONTO) is neutral.