OSI SYSTEMS INC (OSIS) Stock Technical Analysis
NASDAQ:OSIS - Nasdaq - US6710441055 - Common Stock - Currency: USD
Taking everything into account, OSIS scores 9 out of 10 in our technical rating. In the last year, OSIS was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about 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 91% of all stocks. We also observe that the gains produced by OSIS over the past year are nicely spread over this period.
OSIS is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 76% of 125 stocks in the same industry.
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.
In the last month OSIS has a been trading in the 209.75 - 234.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OSIS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 232.01. Right above this resistance zone may be a good entry point.
More info and screens
129.39
234.33
When analyzing the support we can see 5 important areas.
- A support zone ranging from 215.99 to 219.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 188.23 to 189.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @146.75 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.
We found 1 important resistance area.
- A resistance zone ranging from 232.01 to 232.01. 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 | 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 | 91.87 | POSITIVE | OSIS has a high relative strength, it outperformed 91.87% 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 | POSITIVE | The current price of OSIS is above 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) | 50.78 | NEUTRAL | The RSI value for OSIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.25 | NEGATIVE | The MACD value suggests OSIS has a negative trend. |
| Stochastics (14,3) | 34.96 | NEUTRAL | The Stochastics value for OSIS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for OSIS suggests some volalility. |
| Average Directional Index/ADX (14) | 24.5 | NEUTRAL | The ADX value for OSIS suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 225.80 | 215.98 | 9.82 (4.35%) | 23.00% |
| An entry @225.80. This is a Buy Stop order right above the 10 day moving average. | An exit @215.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 9.82 points, which is 4.35%. | When investing 23.00% 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.
219.11
-1.08 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.49%
1 Week-4.18%
2 Weeks-3.89%
1 Month-2.33%
3 Month6.26%
6 Month23.51%
12 Month52.44%
2 Year84.11%
3 Year161.09%
5 Year189.18%
10 Year203.31%
15 Year735.98%
Volatility
ATR(14)6.97
ATR(20)%3.05%
ATR Inc-28.7%
Range Today4.63
ADR(20)6.42
ADR(20)%2.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.87
Mansfield2.5
10 Day High234.59
10 Day Low209.75
20 Day High234.59
20 Day Low209.75
52 Week High234.59
52 Week Low129.18
CS1 End219.1
CR1 Start232.01
Volume & EV
DER(3)1.21%
DER(5)0.15%
Volume215.90K
Volume Incr-3.34%
Vol(5)203.12K
Vol(50)212.36K