OSI SYSTEMS INC (OSIS) Stock Technical Analysis
NASDAQ:OSIS • US6710441055
Overall OSIS gets a technical rating of 6 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.
- When comparing the yearly performance of all stocks, we notice that OSIS is one of the better performing stocks in the market, outperforming 70% of all 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 however is currently trading near a new high, so OSIS is lagging the market slightly.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- OSIS is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 52% of 123 stocks in the same industry.
- In the last month OSIS has a been trading in the 243.42 - 294.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, OSIS does present a nice setup opportunity. 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 269.83. Right above this resistance zone may be a good entry point.
More info and screens
226.82
We found 4 important support areas.
- Support @255.06 from a horizontal line in the daily time frame.
- A support zone ranging from 250.13 to 250.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @242.83 from a trend line in the daily time frame.
- Support @229.11 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 269.83 to 270.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @286.96 from a horizontal line in the daily time frame.
- A resistance zone ranging from 292.00 to 292.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for OSIS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OSIS is neutral. |
| ChartMill Relative Strength | 70.49 | POSITIVE | OSIS has a high relative strength, it outperformed 70.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OSIS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OSIS is below the rising 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) | 49.59 | NEUTRAL | The RSI value for OSIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests OSIS has a positive trend. |
| Stochastics (14,3) | 55.57 | NEUTRAL | The Stochastics value for OSIS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.78 | MEDIUM VOLATILITY | The ATR as a percentage value for OSIS suggests some volalility. |
| Average Directional Index/ADX (14) | 13.04 | NEGATIVE | The low ADX value for OSIS suggests a weak or negative 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 |
|---|---|---|---|
| 270.82 | 255.05 | 15.77 (5.82%) | 17.17% |
| An entry @270.82. This is a Buy Stop order right above the resistance zone. | An exit @255.05. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 15.77 points, which is 5.82%. | When investing 17.17% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of OSIS. Please evaluate whether better entry and exit points can be found.
- 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.
268.61
+3.63 (+1.37%)
OSI SYSTEMS INC / OSIS FAQ
What is the ChartMill technical rating of OSI SYSTEMS INC (OSIS) stock?
ChartMill assigns a technical rating of 6 / 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 Bearish.
Can you provide the RSI signal for OSI SYSTEMS INC?
OSI SYSTEMS INC (OSIS) has an RSI value of 49.5885. 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 255.06 and a resistance level at 269.83. Check the full technical report for our detailed analysis of OSIS support and resistance levels.