OSI SYSTEMS INC (OSIS) Technical Analysis
NASDAQ:OSIS • US6710441055
Overall OSIS gets a technical rating of 8 out of 10. In the last year, OSIS was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month OSIS has a been trading in the 261.15 - 306.12 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 long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, OSIS did better than 84% of all other stocks. We also observe that the gains produced by OSIS over the past year are nicely spread over this period.
- OSIS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OSIS is performing more or less in line with the market.
- OSIS is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, OSIS did better than 62% of them.
Although OSIS has an excellent technical rating, the quality of the presented setup is not ideal 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
226.82
We found 5 important support areas.
- Support @259.21 from a trend line in the weekly time frame.
- A support zone ranging from 254.14 to 255.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 250.13 to 250.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @245.00 from a trend line in the daily time frame.
- Support @229.11 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @292.90 from a horizontal line in the weekly time frame.
- Resistance @297.88 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 OSIS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OSIS is neutral. |
| ChartMill Relative Strength | 84.33 | POSITIVE | OSIS has a high relative strength, it outperformed 84.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OSIS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OSIS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OSIS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.57 | NEUTRAL | The RSI value for OSIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.6 | NEGATIVE | The MACD value suggests OSIS has a negative trend. |
| Stochastics (14,3) | 32.47 | NEUTRAL | The Stochastics value for OSIS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.61 | MEDIUM VOLATILITY | The ATR as a percentage value for OSIS suggests some volalility. |
| Average Directional Index/ADX (14) | 14.73 | NEGATIVE | The low ADX value for OSIS suggests a weak or negative trend. |
OSIS Technicals: Chart, Performance Metrics, Trend & Indicators
267.28
-6.75 (-2.46%)
OSI SYSTEMS INC / OSIS FAQ
What is the ChartMill technical rating of OSI SYSTEMS INC (OSIS) stock?
ChartMill assigns a technical rating of 8 / 10 to OSIS.
What is the current trend direction of OSI SYSTEMS INC (OSIS) stock?
The current trend direction for OSI SYSTEMS INC (OSIS) is Bullish.
Can you provide the RSI signal for OSI SYSTEMS INC?
OSI SYSTEMS INC (OSIS) has an RSI value of 41.5693. This indicates that the stock is currently neutral.
Can you provide the short term momentum for OSI SYSTEMS INC?
The short term momentum for OSI SYSTEMS INC (OSIS) is neutral.
Can you provide the support and resistance levels for OSI SYSTEMS INC?
OSI SYSTEMS INC (OSIS) has a support level at 259.21 and a resistance level at 292.9. Check the full technical report for our detailed analysis of OSIS support and resistance levels.