NYSE:OOMA - New York Stock Exchange, Inc. - US6834161019 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to OOMA. Although OOMA has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
OOMA has only a medium technical rating, but it does show a decent setup pattern. 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 12.94. Right above this resistance zone may be a good entry point.
11.53
We found 2 important support areas.
We can see 2 important resistance areas.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
13.10 | 11.68 | 1.42 (10.82%) | 9.24% |
An entry @13.10. This is a Buy Stop order right above the resistance zone. | An exit @11.68. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.42 points, which is 10.82%. | When investing 9.24% of your capital in this trade, your total portfolio risk will be 1.00%. |
12.93
-0.15 (-1.15%)