NASDAQ:OTEL - Nasdaq -
Taking everything into account, OTEL scores 7 out of 10 in our technical rating. 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 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.
11.27
When analyzing the support we notice one important area.
We found 1 important resistance area.
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%)