ONESPAN INC (OSPN) Stock Technical Analysis
NASDAQ:OSPN - US68287N1000 - Common Stock
15.125 USD
+0.28 (+1.85%)
15.125 USD
0 (0%)
Taking everything into account, OSPN scores 2 out of 10 in our technical rating. In the past year, OSPN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, OSPN is a bad performer in the overall market: 80% of all stocks are doing better.
In the last month OSPN has a been trading in the 12.51 - 15.19 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
OSPN is an average performer in the Software industry, it outperforms 40% of 281 stocks in the same industry.
OSPN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OSPN is lagging the market.
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
12.77
17.37
We found 2 important support areas.
- Support @13.79 from a horizontal line in the daily time frame.
- A support zone ranging from 12.90 to 13.08. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 15.13 to 15.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.41 from a trend line in the weekly time frame.
- Resistance @17.20 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 | UP | POSITIVE | The short term trend for OSPN is up. |
| ChartMill Relative Strength | 20.6 | NEGATIVE | OSPN has a low relative strength, it was outperformed by 79.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OSPN is above the rising 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) | 59.08 | NEUTRAL | The RSI value for OSPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests OSPN has a positive trend. |
| Stochastics (14,3) | 95.94 | OVERBOUGHT | The high Stochastics value suggests OSPN may be overbought. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for OSPN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.49 | NEUTRAL | The ADX value for OSPN suggests a possible start of a new 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)
15.125
+0.28 (+1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.85%
1 Week3.88%
2 Weeks9.6%
1 Month5.92%
3 Month-5.05%
6 Month-5.7%
12 Month-6.17%
2 Year23.47%
3 Year31.41%
5 Year-29.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%3.24%
ATR Inc-28.08%
Range Today0.38
ADR(20)0.47
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.6
Mansfield-1.55
10 Day High15.19
10 Day Low13.68
20 Day High15.19
20 Day Low12.51
52 Week High20.36
52 Week Low12.51
CS1 End13.79
CR1 Start15.13
Volume & EV
DER(3)-2.09%
DER(5)-4.93%
Volume680.90K
Volume Incr3.85%
Vol(5)472.68K
Vol(50)470.91K