ONESPAN INC (OSPN) Technical Analysis
NASDAQ:OSPN • US68287N1000
Current stock price
OSPN Technical Rating and Analysis
Overall OSPN gets a technical rating of 0 out of 10. OSPN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 85% of all other stocks performed better in the past year than OSPN.
- OSPN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so OSPN is lagging the market.
- In the last month OSPN has a been trading in the 10.07 - 10.99 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- OSPN is an average performer in the Software industry, it outperforms 53% of 275 stocks in the same industry.
OSPN Weekly and Daily overview Charts
OSPN Setup Rating and Analysis
Although the technical rating is bad, OSPN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.64, a Stop Loss order could be placed below this zone.
More info and screens
OSPN Support and Resistance Analysis
10.04
2 important support areas can be observed.
- A support zone ranging from 10.54 to 10.64. 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 10.14 to 10.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.70 to 11.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.90 to 13.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.32 from a trend line in the daily time frame.
OSPN 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 | DOWN | NEGATIVE | The long term trend for OSPN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OSPN is down. |
| ChartMill Relative Strength | 15.32 | NEGATIVE | OSPN has a low relative strength, it was outperformed by 84.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OSPN is above 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) | 49.66 | NEUTRAL | The RSI value for OSPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests OSPN has a positive trend. |
| Stochastics (14,3) | 59.34 | NEUTRAL | The Stochastics value for OSPN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for OSPN suggests some volalility. |
| Average Directional Index/ADX (14) | 22.63 | NEUTRAL | The ADX value for OSPN suggests a possible start of a new trend. |
OSPN Chart- and CandleStick Pattern Analysis
OSPN Technicals: Chart, Performance Metrics, Trend & Indicators
10.69
+0.08 (+0.75%)
ONESPAN INC / OSPN TA FAQ
What is the technical rating for OSPN stock?
ChartMill assigns a technical rating of 0 / 10 to OSPN.
What is the current trend direction of ONESPAN INC (OSPN) stock?
The current trend direction for ONESPAN INC (OSPN) is Bearish.
Can you provide the RSI signal for ONESPAN INC?
ONESPAN INC (OSPN) has an RSI value of 49.6639. This indicates that the stock is currently neutral.
What is the MACD signal for ONESPAN INC (OSPN) stock?
The MACD indicator for ONESPAN INC (OSPN) has a value of 0.0446789, indicating a bearish trend.
What is the buy/sell signal for OSPN stock?
The buy/sell signal for ONESPAN INC (OSPN) is sell as both the short term and long term trends are negative.