PROSOMNUS INC (OSA) Technical Analysis

NASDAQ:OSAUS50535E1082

Current stock price

0.47 USD
-0.05 (-10.29%)
At close:
0.44 USD
-0.03 (-6.38%)
After Hours:

OSA Technical Rating and Analysis

0

Overall OSA gets a technical rating of 0 out of 10. OSA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

  • The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
  • When comparing the yearly performance of all stocks, OSA is a bad performer in the overall market: 97% of all stocks are doing better.
  • OSA is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 83% of 187 stocks in the same industry do better.
  • OSA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so OSA is lagging the market.
  • In the last month OSA has a been trading in the 0.47 - 0.67 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.
  • Considerably lower volume is observed in the last couple of days.

OSA Weekly and Daily overview Charts

PROSOMNUS INC / OSA Weekly stock chart
PROSOMNUS INC / OSA Daily stock chart

OSA Setup Rating and Analysis

4

OSA has a poor technical rating and the quality of the setup is also not perfect 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.

OSA Support and Resistance Analysis

0.47

1.05

When analyzing the resistance we notice 4 important areas.

  • Resistance @0.57 from a trend line in the daily time frame.
  • Resistance @0.65 from a horizontal line in the daily time frame.
  • Resistance @0.77 from a trend line in the daily time frame.
  • Resistance @1.04 from a horizontal line in the daily time frame.

OSA Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for OSA is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for OSA is neutral.
ChartMill Relative Strength3.04NEGATIVEOSA has a low relative strength, it was outperformed by 96.96% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of OSA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of OSA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of OSA is below a declining SMA(200).
Relative Strength Index/RSI (14)32.24NEUTRALThe RSI value for OSA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests OSA has a negative trend.
Stochastics (14,3)5.66OVERSOLDThe low Stochastics value suggests OSA may be oversold.
Average True Range in percent/ATR (20)13.14HIGH VOLATILITYThe high ATR as a percentage value for OSA suggests high volalility.
Average Directional Index/ADX (14)30.75POSITIVEThe high ADX value value for OSA suggests a strong trend.

OSA Chart- and CandleStick Pattern Analysis

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)

OSA Technicals: Chart, Performance Metrics, Trend & Indicators

PROSOMNUS INC / OSA Daily stock chart

PROSOMNUS INC

NASDAQ:OSA (4/17/2024, 8:17:27 PM)

After market: 0.44 -0.03 (-6.38%)

0.47

-0.05 (-10.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-10.29%
1 Week-16.87%
2 Weeks-22.94%
1 Month-29.09%
3 Month-27.69%
6 Month-44.05%
12 Month-90.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%13.14%
ATR Inc96.79%
Range Today0.13
ADR(20)0.06
ADR(20)%13.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.04
3 months CRSN/A
6 months CRSN/A
Mansfield-7.54
10 Day High0.61
10 Day Low0.47
20 Day High0.67
20 Day Low0.47
52 Week High5.15
52 Week Low0.35
CS1 EndN/A
CR1 Start0.57
Volume & EV
DER(3)-12.75%
DER(5)-7.53%
Volume63.50K
Volume Incr-42.88%
Vol(5)23.74K
Vol(50)67.70K

PROSOMNUS INC / OSA TA FAQ

What is the technical rating for OSA stock?

ChartMill assigns a technical rating of 0 / 10 to OSA.


Can you provide the trend direction for PROSOMNUS INC?

The current trend direction for PROSOMNUS INC (OSA) is Bearish.


What is the RSI signal for PROSOMNUS INC (OSA) stock?

PROSOMNUS INC (OSA) has an RSI value of 32.2407. This indicates that the stock is currently neutral.


Can you provide the MACD signal for PROSOMNUS INC?

The MACD indicator for PROSOMNUS INC (OSA) has a value of -0.00795253, indicating a bearish trend.


What is the short term momentum for PROSOMNUS INC (OSA) stock?

The short term momentum for PROSOMNUS INC (OSA) is neutral.