ONESPAN INC (OSPN) Stock Technical Analysis
USA - NASDAQ:OSPN - US68287N1000 - Common Stock
We assign a technical rating of 0 out of 10 to OSPN. OSPN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of OSPN is bad and it also does not present a 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
11.28
When analyzing the support we notice one important area.
- A support zone ranging from 11.39 to 11.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 12.25 to 12.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.71 from a trend line in the weekly time frame.
- A resistance zone ranging from 16.11 to 16.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for OSPN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OSPN is down. |
| ChartMill Relative Strength | 16 | NEGATIVE | OSPN has a low relative strength, it was outperformed by 84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OSPN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OSPN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OSPN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.24 | NEUTRAL | The RSI value for OSPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests OSPN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.45 | NEUTRAL | The Stochastics value for OSPN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.06 | HIGH VOLATILITY | The high ATR as a percentage value for OSPN suggests high volalility. |
| Average Directional Index/ADX (14) | 29.48 | POSITIVE | The high ADX value value for OSPN suggests a strong trend. |
12.24
+0.04 (+0.33%)
ONESPAN INC / OSPN FAQ
What is the ChartMill technical rating of ONESPAN INC (OSPN) stock?
ChartMill assigns a technical rating of 0 / 10 to OSPN.
What is the trend direction for OSPN stock?
The current trend direction for ONESPAN INC (OSPN) is Bearish.
What is the RSI signal for ONESPAN INC (OSPN) stock?
ONESPAN INC (OSPN) has an RSI value of 33.2356. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ONESPAN INC?
The MACD indicator for ONESPAN INC (OSPN) has a value of -0.367912, indicating a bearish trend.
Can you provide the support and resistance levels for ONESPAN INC?
ONESPAN INC (OSPN) has a support level at 11.39 and a resistance level at 12.25. Check the full technical report for our detailed analysis of OSPN support and resistance levels.