ONESPAN INC (OSPN) Stock Technical Analysis
NASDAQ:OSPN - Nasdaq - US68287N1000 - Common Stock - Currency: USD
Overall OSPN gets a technical rating of 0 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, OSPN is a bad performer in the overall market: 88% of all stocks are doing better.
OSPN is one of the lesser performing stocks in the Software industry. 72% of 282 stocks in the same industry do better.
OSPN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month OSPN has a been trading in the 12.51 - 17.46 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of OSPN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
12.58
17.74
2 important resistance areas can be observed.
- Resistance @16.81 from a trend line in the weekly time frame.
- Resistance @17.56 from a trend line 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 | 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 | 12.3 | NEGATIVE | OSPN has a low relative strength, it was outperformed by 87.7% 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) | 21.94 | OVERSOLD | The low RSI value suggests OSPN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests OSPN has a negative trend. |
| Stochastics (14,3) | 10.56 | OVERSOLD | The low Stochastics value suggests OSPN may be oversold. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for OSPN suggests some volalility. |
| Average Directional Index/ADX (14) | 34.94 | POSITIVE | The high ADX value value for OSPN suggests a strong trend. |
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)
12.71
-1.18 (-8.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-8.5%
1 Week-13.83%
2 Weeks-15.63%
1 Month-27.58%
3 Month-19.45%
6 Month-33.73%
12 Month-15.1%
2 Year3.76%
3 Year10.43%
5 Year-41.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%4.24%
ATR Inc189.79%
Range Today1.35
ADR(20)0.53
ADR(20)%4.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.3
Mansfield-2.84
10 Day High15.36
10 Day Low12.51
20 Day High17.46
20 Day Low12.51
52 Week High20.36
52 Week Low12.51
CS1 EndN/A
CR1 Start16.81
Volume & EV
DER(3)-0.22%
DER(5)-1.74%
Volume714.80K
Volume Incr18.32%
Vol(5)456.80K
Vol(50)421.91K