OSTIN TECHNOLOGY GROUP CO LT (OST) Stock Technical Analysis
NASDAQ:OST - Nasdaq - KYG679271141 - Common Stock - Currency: USD
Taking everything into account, OST scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, OST has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
OST is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 95% of 125 stocks in the same industry.
OST is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month OST has a been trading in the 4.00 - 6.91 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
OST has an average volume of 4580750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, OST did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although OST has an excellent technical rating, it does not offer a high 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
6.54
6.68
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 | UP | POSITIVE | The long term trend for OST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OST is up. |
| ChartMill Relative Strength | 98.36 | POSITIVE | OST has a high relative strength, it outperformed 98.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.41 | OVERBOUGHT | The high RSI value suggests OST may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests OST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.22 | OVERBOUGHT | The high Stochastics value suggests OST may be overbought. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for OST suggests high volalility. |
| Average Directional Index/ADX (14) | 65.71 | POSITIVE | The high ADX value value for OST 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)
6.61
-0.29 (-4.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-4.2%
1 Week18.04%
2 Weeks18.67%
1 Month49.89%
3 Month214.76%
6 Month275.57%
12 Month56.82%
2 Year-20.34%
3 Year-60.42%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%5.2%
ATR Inc107.66%
Range Today0.23
ADR(20)0.33
ADR(20)%5.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.36
Mansfield10.44
10 Day High6.91
10 Day Low5.4
20 Day High6.91
20 Day Low4
52 Week High6.91
52 Week Low0.78
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0.04%
DER(5)1.11%
Volume8.63M
Volume Incr404.8%
Vol(5)11.54M
Vol(50)4.58M