ONESTREAM INC (OS) Stock Technical Analysis
NASDAQ:OS • US68278B1070
We assign a technical rating of 6 out of 10 to OS. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, OS is a bad performer.
- 63% of all other stocks performed better in the past year than OS.
- Both the short term and long term trends are positive. This is a very positive sign.
- OS is one of the better performing stocks in the Software industry, it outperforms 82% of 277 stocks in the same industry.
- OS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- OS has an average volume of 4600410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- OS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OS is lagging the market.
- In the last month OS has a been trading in a tight range between 22.93 and 23.72.
OS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.51, a Stop Loss order could be placed below this zone.
More info and screens
16.48
3 important support areas can be observed.
- A support zone ranging from 23.33 to 23.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.09 from a trend line in the weekly time frame.
- Support @16.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 23.56 to 23.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.82 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 | UP | POSITIVE | The long term trend for OS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OS is up. |
| ChartMill Relative Strength | 37.72 | NEUTRAL | OS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.48 | NEUTRAL | The RSI value for OS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests OS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80.47 | OVERBOUGHT | The high Stochastics value suggests OS may be overbought. |
| Average True Range in percent/ATR (20) | 0.59 | LOW VOLATILITY | The low ATR as a percentage value for OS suggests low volalility. |
| Average Directional Index/ADX (14) | 29.28 | POSITIVE | The high ADX value value for OS suggests a strong trend. |
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 |
|---|---|---|---|
| 23.68 | 23.32 | 0.36 (1.50%) | 25.00% |
| An entry @23.68. This is a Buy Stop order right above the 10 day high. | An exit @23.32. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.36 points, which is 1.50%. | For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
23.51
-0.06 (-0.25%)
ONESTREAM INC / OS FAQ
What is the ChartMill technical rating of ONESTREAM INC (OS) stock?
ChartMill assigns a technical rating of 6 / 10 to OS.
What is the trend direction for OS stock?
The current trend direction for ONESTREAM INC (OS) is Bullish.
Can you provide the RSI signal for ONESTREAM INC?
ONESTREAM INC (OS) has an RSI value of 64.4825. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ONESTREAM INC?
The short term momentum for ONESTREAM INC (OS) is positive.
Can you provide the buy/sell signal for ONESTREAM INC?
The buy/sell signal for ONESTREAM INC (OS) is buy as both the short term and long term trends are positive.