ORGANOVO HOLDINGS INC (ONVO)

US68620A2033 - Common Stock

1.03  +0.08 (+8.38%)

After market: 1.02 -0.01 (-0.97%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to ONVO. Recently some decent action could be observed, but in the medium term time frame this is still negative. ONVO was also a bad performer in the overall market in the last year.

87% of all other stocks performed better in the past year than ONVO.
ONVO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ONVO is lagging the market.
In the last month ONVO has a been trading in the 0.93 - 1.74 range, which is quite wide. It is currently trading near the lows of this range.
ONVO has an average volume of 1261560 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!
ONVO is an average performer in the Biotechnology industry, it outperforms 40% of 588 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ONVO Weekly chart
ONVO Daily chart
Setup Rating and Analysis

4

ONVO has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

1.02

1.38

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 1.04 to 1.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.08 from a horizontal line in the daily time frame.
  • Resistance @1.11 from a horizontal line in the weekly time frame.
  • Resistance @1.29 from a trend line in the daily time frame.
  • Resistance @1.37 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
CRS13.07
Mansfield-2.96
10 Day High1.17
10 Day Low0.93
20 Day High1.74
20 Day Low0.93
52 Week High2.05
52 Week Low0.89
Performance
1 Week3%
2 Weeks-6.36%
1 Month0.98%
3 Month0%
6 Month-39.41%
12 Month-45.79%
2 Year-57.26%
3 Year-89.04%
5 Year-90.69%
10 Year-99.28%
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)-0.01
RSI(14)49.53
LBB0.91
UBB1.17
ONVO Daily chart

ORGANOVO HOLDINGS INC

NASDAQ:ONVO (5/3/2024, 7:10:24 PM)

After market: 1.02 -0.01 (-0.97%)

1.03

+0.08 (+8.38%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg8.38%
1 Week3%
2 Weeks-6.36%
1 Month0.98%
3 Month0%
6 Month-39.41%
12 Month-45.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%11.73%
ATR Inc
Range Today0.22
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 High1.17
10 Day Low0.93
20 Day High1.74
20 Day Low0.93
52 Week High2.05
52 Week Low0.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.11M
Volume Incr-87.82%
Vol(5)354.16K
Vol(50)1.26M