PROSOMNUS INC (OSA) Technical Analysis
NASDAQ:OSA • US50535E1082
Current stock price
OSA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to OSA. OSA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 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 part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 83% are performing better than OSA.
- OSA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- 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
OSA Setup Rating and Analysis
OSA has a poor technical rating and the quality of the setup is also only medium 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
OSA Support and Resistance Analysis
0.47
We can see 4 important resistance 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for OSA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OSA is neutral. |
| ChartMill Relative Strength | 3.04 | NEGATIVE | OSA has a low relative strength, it was outperformed by 96.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OSA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OSA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OSA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.24 | NEUTRAL | The RSI value for OSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests OSA has a negative trend. |
| Stochastics (14,3) | 5.66 | OVERSOLD | The low Stochastics value suggests OSA may be oversold. |
| Average True Range in percent/ATR (20) | 13.14 | HIGH VOLATILITY | The high ATR as a percentage value for OSA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.75 | POSITIVE | The high ADX value value for OSA suggests a strong trend. |
OSA Chart- and CandleStick Pattern Analysis
OSA Technicals: Chart, Performance Metrics, Trend & Indicators
0.47
-0.05 (-10.29%)
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 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 are the support and resistance levels for PROSOMNUS INC (OSA) stock?
PROSOMNUS INC (OSA) has a resistance level at 0.57. Check the full technical report for our detailed analysis of OSA support and resistance levels.