NYSE:OTIS - New York Stock Exchange, Inc. - US68902V1070 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to OTIS. OTIS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, OTIS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 97.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 95.83, a Stop Loss order could be placed below this zone.
89.86
We found 2 important support areas.
We can see 3 important resistance areas.
NYSE:OTIS (5/2/2025, 10:50:02 AM)
97.17
+0.78 (+0.81%)