Overall OSN gets a technical rating of 8 out of 10. 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.
Although OSN has an excellent technical rating, it does not present a decent entry opportunity 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
We found 4 important support areas.
- 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.
When analyzing the resistance we notice one important 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. |
NASDAQ:OSN (9/9/2021, 8:00:02 PM)
5.0499
0 (0%)
Ossen Innovation Company ADR / OSN FAQ
What is the technical rating for OSN stock?
ChartMill assigns a technical rating of 8 / 10 to OSN.
Can you provide the trend direction for Ossen Innovation Company ADR?
The current trend direction for Ossen Innovation Company ADR (OSN) is Bullish.
What is the RSI signal for Ossen Innovation Company ADR (OSN) stock?
Ossen Innovation Company ADR (OSN) has an RSI value of 65.2737. This indicates that the stock is currently neutral.
What is the short term momentum for OSN stock?
The short term momentum for Ossen Innovation Company ADR (OSN) is positive.
What is the support and resistance level for OSN stock?
Ossen Innovation Company ADR (OSN) has a support level at 5.04 and a resistance level at 5.12. Check the full technical report for our detailed analysis of OSN support and resistance levels.