
OSSUR HF (OSSR.CO) Technical Analysis
CPH:OSSR • IS0000000040
Current stock price
OSSR.CO Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to OSSR. In the last year, OSSR was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- In the last month OSSR has a been trading in the 30.50 - 34.95 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: OSSR has an average volume of 4865 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, OSSR outperforms 51% of them, which is more or less in line with the market.
- OSSR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OSSR is lagging the market.
OSSR.CO Weekly and Daily overview Charts
OSSR.CO Setup Rating and Analysis
The technical rating of OSSR 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
OSSR.CO Support and Resistance Analysis
28.70
When analyzing the support we can see 2 important areas.
- Support @30.49 from a horizontal line in the daily time frame.
- A support zone ranging from 28.99 to 29.28. 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 32.11 to 32.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @33.93 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 34.75 to 34.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
OSSR.CO 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 | NEUTRAL | NEUTRAL | The long term trend for OSSR.CO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OSSR.CO is down. |
| ChartMill Relative Strength | 51.74 | NEUTRAL | OSSR.CO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OSSR.CO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OSSR.CO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OSSR.CO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.25 | NEUTRAL | The RSI value for OSSR.CO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests OSSR.CO has a negative trend. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for OSSR.CO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.83 | NEGATIVE | The low ADX value for OSSR.CO suggests a weak or negative trend. |
OSSR.CO Chart- and CandleStick Pattern Analysis
OSSR.CO Technicals: Chart, Performance Metrics, Trend & Indicators
CPH:OSSR (4/9/2024, 4:08:36 PM)
30.5
0 (0%)
OSSUR HF / OSSR.CO TA FAQ
Can you provide the ChartMill technical rating for OSSUR HF?
ChartMill assigns a technical rating of 3 / 10 to OSSR.CO.
Can you provide the trend direction for OSSUR HF?
The current trend direction for OSSUR HF (OSSR.CO) is Bearish.
Can you provide the RSI signal for OSSUR HF?
OSSUR HF (OSSR.CO) has an RSI value of 37.2496. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OSSUR HF?
The MACD indicator for OSSUR HF (OSSR.CO) has a value of -0.437153, indicating a bearish trend.