Otelco Cl A (OTEL) Technical Analysis
NASDAQ:OTEL
Current stock price
OTEL Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to OTEL. Both in the recent history as in the last year, OTEL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: OTEL has an average volume of 5886 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- OTEL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so OTEL is leading the market.
- When comparing the yearly performance of all stocks, we notice that OTEL is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- In the last month OTEL has a been trading in a tight range between 11.49 and 11.74.
- Volume is considerably higher in the last couple of days.
OTEL Weekly and Daily overview Charts
OTEL Setup Rating and Analysis
Although OTEL has an excellent technical rating, it does not present a decent entry opportunity 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
OTEL Support and Resistance Analysis
11.27
When analyzing the support we notice one important area.
- A support zone ranging from 11.38 to 11.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 12.12 to 12.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
OTEL 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 | UP | POSITIVE | The long term trend for OTEL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OTEL is neutral. |
| ChartMill Relative Strength | 87.64 | POSITIVE | OTEL has a high relative strength, it outperformed 87.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OTEL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OTEL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OTEL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.93 | NEUTRAL | The RSI value for OTEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests OTEL has a positive trend. |
| Stochastics (14,3) | 71.38 | NEUTRAL | The Stochastics value for OTEL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for OTEL suggests low volalility. |
OTEL Chart- and CandleStick Pattern Analysis
OTEL Technicals: Chart, Performance Metrics, Trend & Indicators
11.739
+0.02 (+0.15%)
Otelco Cl A / OTEL TA FAQ
Can you provide the ChartMill technical rating for Otelco Cl A?
ChartMill assigns a technical rating of 6 / 10 to OTEL.
Can you provide the trend direction for Otelco Cl A?
The current trend direction for Otelco Cl A (OTEL) is Bullish.
Can you provide the RSI signal for Otelco Cl A?
Otelco Cl A (OTEL) has an RSI value of 64.9311. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Otelco Cl A?
The MACD indicator for Otelco Cl A (OTEL) has a value of 0.0183163, indicating a bearish trend.