Taking everything into account, OSIS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OSIS is showing a nice and steady performance.
Although OSIS has an excellent technical rating, it does not offer a high quality setup 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.
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7 important support areas can be observed.
- A support zone ranging from 255.95 to 257.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @251.09 from a horizontal line in the weekly time frame.
- Support @241.75 from a trend line in the weekly time frame.
- A support zone ranging from 233.96 to 236.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @229.11 from a horizontal line in the daily time frame.
- Support @214.23 from a horizontal line in the daily time frame.
- Support @130.70 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 284.87 to 286.97. 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 | UP | POSITIVE | The short term trend for OSIS is up. |
| ChartMill Relative Strength | 90.36 | POSITIVE | OSIS has a high relative strength, it outperformed 90.36% 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) | 53.97 | NEUTRAL | The RSI value for OSIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests OSIS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.63 | NEUTRAL | The Stochastics value for OSIS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for OSIS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.48 | NEGATIVE | The low ADX value for OSIS suggests a weak or negative trend. |
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-2.46 (-0.91%)
OSI SYSTEMS INC / OSIS FAQ
What is the ChartMill technical rating of OSI SYSTEMS INC (OSIS) stock?
ChartMill assigns a technical rating of 10 / 10 to OSIS.
What is the trend direction for 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 53.9676. This indicates that the stock is currently neutral.
What is the short term momentum for OSI SYSTEMS INC (OSIS) stock?
The short term momentum for OSI SYSTEMS INC (OSIS) is positive.
What is the buy/sell signal for OSI SYSTEMS INC (OSIS) stock?
The buy/sell signal for OSI SYSTEMS INC (OSIS) is buy as both the short term and long term trends are positive.