Taking everything into account, OSTX scores 0 out of 10 in our technical rating. OSTX'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.
- When comparing the yearly performance of all stocks, OSTX is a bad performer in the overall market: 89% of all stocks are doing better.
- OSTX is one of the lesser performing stocks in the Biotechnology industry. 66% of 524 stocks in the same industry do better.
- OSTX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month OSTX has a been trading in the 1.29 - 1.64 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.
Although the technical rating is bad, OSTX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.32, a Stop Loss order could be placed below this zone.
More info and screens
1.31
When analyzing the support we notice one important area.
- A support zone ranging from 1.32 to 1.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.56 to 1.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.80 from a trend line in the daily time frame.
- Resistance @1.87 from a trend line in the daily time frame.
- Resistance @2.07 from a horizontal 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 OSTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OSTX is down. |
| ChartMill Relative Strength | 11.02 | NEGATIVE | OSTX has a low relative strength, it was outperformed by 88.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OSTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OSTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OSTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.36 | NEUTRAL | The RSI value for OSTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OSTX has a negative trend. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for OSTX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.82 | HIGH VOLATILITY | The high ATR as a percentage value for OSTX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.03 | NEUTRAL | The ADX value for OSTX suggests a possible start of a new trend. |
1.33
-0.08 (-5.67%)
OS THERAPIES INC / OSTX FAQ
Can you provide the ChartMill technical rating for OS THERAPIES INC?
ChartMill assigns a technical rating of 0 / 10 to OSTX.
Can you provide the trend direction for OS THERAPIES INC?
The current trend direction for OS THERAPIES INC (OSTX) is Bearish.
What is the RSI signal for OS THERAPIES INC (OSTX) stock?
OS THERAPIES INC (OSTX) has an RSI value of 35.3573. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OS THERAPIES INC?
The MACD indicator for OS THERAPIES INC (OSTX) has a value of -0.00345225, indicating a bearish trend.
What is the short term momentum for OS THERAPIES INC (OSTX) stock?
The short term momentum for OS THERAPIES INC (OSTX) is negative.