Overall OTEL gets a technical rating of 7 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OTEL is showing a nice and steady performance.
Although OTEL 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
11.27
We found 1 important support 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.
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. |
11.739
+0.02 (+0.15%)
Otelco Cl A / OTEL FAQ
Can you provide the ChartMill technical rating for Otelco Cl A?
ChartMill assigns a technical rating of 6 / 10 to OTEL.
What is the current trend direction of Otelco Cl A (OTEL) stock?
The current trend direction for Otelco Cl A (OTEL) is Bullish.
What is the RSI signal for Otelco Cl A (OTEL) stock?
Otelco Cl A (OTEL) has an RSI value of 64.9311. This indicates that the stock is currently neutral.
What is the MACD signal for Otelco Cl A (OTEL) stock?
The MACD indicator for Otelco Cl A (OTEL) has a value of 0.0183163, indicating a bearish trend.
What are the support and resistance levels for Otelco Cl A (OTEL) stock?
Otelco Cl A (OTEL) has a support level at 11.65 and a resistance level at 12.12. Check the full technical report for our detailed analysis of OTEL support and resistance levels.