Ossen Innovation Company ADR (OSN) Technical Analysis
NASDAQ:OSN
Current stock price
OSN Technical Rating and Analysis
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.
- OSN is one of the lesser performing stocks in the Metals & Mining industry. 68% of 157 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the performance of all stocks over the past year, OSN turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- 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.
OSN Weekly and Daily overview Charts
OSN Setup Rating and Analysis
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
OSN Support and Resistance Analysis
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.
OSN Technical Indicator Signal Analysis
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. |
OSN Chart- and CandleStick Pattern Analysis
OSN Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:OSN (9/9/2021, 8:00:02 PM)
5.0499
0 (0%)
Ossen Innovation Company ADR / OSN TA 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.
Can you provide the RSI signal for Ossen Innovation Company ADR?
Ossen Innovation Company ADR (OSN) has an RSI value of 65.2737. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Ossen Innovation Company ADR?
The MACD indicator for Ossen Innovation Company ADR (OSN) has a value of 0.00736236, indicating a bearish trend.
What is the buy/sell signal for Ossen Innovation Company ADR (OSN) stock?
The buy/sell signal for Ossen Innovation Company ADR (OSN) is buy as both the short term and long term trends are positive.