OSI SYSTEMS INC (OSIS) Stock Technical Analysis
NASDAQ:OSIS - Nasdaq - US6710441055 - Common Stock - Currency: USD
Taking everything into account, OSIS scores 8 out of 10 in our technical rating. OSIS was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month OSIS has a been trading in the 209.54 - 240.44 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 gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that OSIS is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, OSIS also shows a nice and consistent pattern of rising prices.
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.
OSIS is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, OSIS did better than 62% of them.
Although OSIS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
129.39
241.45
When analyzing the support we can see 6 important areas.
- A support zone ranging from 212.29 to 212.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @203.30 from a trend line in the weekly time frame.
- Support @199.52 from a trend line in the daily time frame.
- Support @150.15 from a trend line in the weekly time frame.
- Support @134.82 from a horizontal line in the weekly time frame.
- Support @130.70 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 224.18 to 226.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @232.52 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 239.05 to 239.06. This zone is formed by a combination of multiple trend lines 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 | 84.1 | POSITIVE | OSIS has a high relative strength, it outperformed 84.1% 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) | 38.67 | NEUTRAL | The RSI value for OSIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.37 | NEGATIVE | The MACD value suggests OSIS has a negative trend. |
| Stochastics (14,3) | 27.53 | NEUTRAL | The Stochastics value for OSIS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for OSIS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.58 | NEGATIVE | The low ADX value for OSIS suggests a weak or negative trend. |
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)
212.3
-0.45 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.21%
1 Week-8.02%
2 Weeks-5.24%
1 Month-10.26%
3 Month9.33%
6 Month27.46%
12 Month46.09%
2 Year78.06%
3 Year119.61%
5 Year199.18%
10 Year202.51%
15 Year663.94%
Volatility
ATR(14)7.6
ATR(20)%3.69%
ATR Inc66.12%
Range Today5.27
ADR(20)7.63
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.1
Mansfield0.89
10 Day High240.45
10 Day Low209.54
20 Day High240.45
20 Day Low209.54
52 Week High241.64
52 Week Low129.18
CS1 End212.29
CR1 Start224.18
Volume & EV
DER(3)-8.3%
DER(5)-4.95%
Volume286.60K
Volume Incr24.45%
Vol(5)272.50K
Vol(50)224.44K