Onxeo SA (ONXEO.PA) Technical Analysis
EPA:ONXEO • FR0010095596
Overall ONXEO gets a technical rating of 6 out of 10. ONXEO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month ONXEO has a been trading in the 0.68 - 0.82 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, ONXEO did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- ONXEO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ONXEO is lagging the market.
ONXEO has an average technical rating and it also 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.
More info and screens
0.59
We found 2 important support areas.
- A support zone ranging from 0.64 to 0.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.81 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for ONXEO.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ONXEO.PA is neutral. |
| ChartMill Relative Strength | 77.47 | POSITIVE | ONXEO.PA has a high relative strength, it outperformed 77.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONXEO.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ONXEO.PA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ONXEO.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.15 | NEUTRAL | The RSI value for ONXEO.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ONXEO.PA has a negative trend. |
| Stochastics (14,3) | 19.49 | OVERSOLD | The low Stochastics value suggests ONXEO.PA may be oversold. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for ONXEO.PA suggests some volalility. |
ONXEO.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:ONXEO (12/14/2020, 7:00:00 PM)
0.687
-0.02 (-3.51%)
Onxeo SA / ONXEO.PA FAQ
What is the technical rating for ONXEO stock?
ChartMill assigns a technical rating of 6 / 10 to ONXEO.PA.
Can you provide the trend direction for Onxeo SA?
The current trend direction for Onxeo SA (ONXEO.PA) is Bullish.
What is the RSI signal for ONXEO stock?
Onxeo SA (ONXEO.PA) has an RSI value of 39.1479. This indicates that the stock is currently neutral.
What is the short term momentum for ONXEO stock?
The short term momentum for Onxeo SA (ONXEO.PA) is neutral.
What is the support and resistance level for ONXEO stock?
Onxeo SA (ONXEO.PA) has a support level at 0.66 and a resistance level at 0.78. Check the full technical report for our detailed analysis of ONXEO.PA support and resistance levels.