Ossen Innovation Company ADR (OSN) Stock Technical Analysis
NASDAQ:OSN - Nasdaq -
We assign a technical rating of 8 out of 10 to OSN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, OSN is only an average performer.
The long and short term trends are both positive. This is looking good!
When compared to the yearly performance of all other stocks, OSN outperforms 67% of them, which is more or less in line with the market.
OSN is an average performer in the Metals & Mining industry, it outperforms 52% of 154 stocks in the same industry.
OSN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OSN is lagging the market slightly.
In the last month OSN has a been trading in the 4.69 - 5.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although OSN 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.
More info and screens
4.31
5.17
4 important support areas can be observed.
- A support zone ranging from 5.01 to 5.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.59 to 4.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.51 from a horizontal line in the daily time frame.
- A support zone ranging from 4.35 to 4.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.12 to 5.12. 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 OSN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OSN is up. |
| ChartMill Relative Strength | 67.75 | NEUTRAL | OSN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OSN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OSN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OSN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.27 | NEUTRAL | The RSI value for OSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OSN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.52 | NEUTRAL | The Stochastics value for OSN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for OSN suggests low volalility. |
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)
NASDAQ:OSN (9/9/2021, 8:00:02 PM)
5.0499
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week0.4%
2 Weeks3.48%
1 Month6.76%
3 Month6.99%
6 Month3.69%
12 Month38.16%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%1.67%
ATR Inc-71.02%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.75
Mansfield-0.45
10 Day High5.24
10 Day Low4.87
20 Day High5.24
20 Day Low4.69
52 Week High5.72
52 Week Low3.6
CS1 End5.04
CR1 Start5.12
Volume & EV
DER(3)-3.04%
DER(5)0.09%
Volume46.20K
Volume Incr738.01%
Vol(5)361.60K
Vol(50)75.06K