ORASURE TECHNOLOGIES INC (OSUR) Stock Technical Analysis
NASDAQ:OSUR - Nasdaq - US68554V1089 - Common Stock - Currency: USD
Overall OSUR gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. OSUR was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, OSUR is a bad performer in the overall market: 87% of all stocks are doing better.
OSUR is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 60% are performing better than OSUR.
OSUR 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 OSUR has a been trading in the 2.78 - 3.16 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.
Although the technical rating is only medium, OSUR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.07, a Stop Loss order could be placed below this zone.
More info and screens
2.77
4.15
We found 3 important support areas.
- A support zone ranging from 3.06 to 3.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.95 to 3.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.80 to 2.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.09 to 3.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.51 to 3.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.11 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 OSUR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OSUR is up. |
| ChartMill Relative Strength | 13.4 | NEGATIVE | OSUR has a low relative strength, it was outperformed by 86.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OSUR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OSUR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OSUR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.94 | NEUTRAL | The RSI value for OSUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OSUR has a positive trend. |
| Stochastics (14,3) | 78.19 | NEUTRAL | The Stochastics value for OSUR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for OSUR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.46 | NEGATIVE | The low ADX value for OSUR suggests a weak or negative 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)
3.08
+0.02 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.65%
1 Week1.99%
2 Weeks6.94%
1 Month6.21%
3 Month-0.96%
6 Month-16.53%
12 Month-21.63%
2 Year-34.75%
3 Year0.65%
5 Year-83.03%
10 Year-37.65%
15 Year-35.02%
Volatility
ATR(14)0.14
ATR(20)%4.41%
ATR Inc-26.73%
Range Today0.1
ADR(20)0.13
ADR(20)%4.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.4
Mansfield-2.3
10 Day High3.16
10 Day Low2.85
20 Day High3.16
20 Day Low2.78
52 Week High4.92
52 Week Low2.36
CS1 End3.07
CR1 Start3.09
Volume & EV
DER(3)2.48%
DER(5)0.91%
Volume304.10K
Volume Incr-30.16%
Vol(5)576.80K
Vol(50)699.97K