OTONOMO TECHNOLOGIES LTD (OTMO) Technical Analysis
NASDAQ:OTMO • IL0011981003
Current stock price
OTMO Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to OTMO. Although OTMO has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- OTMO 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.
- OTMO is part of the Software industry. There are 272 other stocks in this industry. OTMO outperforms 91% of them.
- In the last month OTMO has a been trading in the 3.83 - 5.90 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Looking at the yearly performance, OTMO did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OTMO Weekly and Daily overview Charts
OTMO Setup Rating and Analysis
OTMO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
OTMO Support and Resistance Analysis
OTMO 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 | NEUTRAL | NEUTRAL | The long term trend for OTMO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OTMO is neutral. |
| ChartMill Relative Strength | 91.46 | POSITIVE | OTMO has a high relative strength, it outperformed 91.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OTMO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OTMO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OTMO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 81.22 | OVERBOUGHT | The high RSI value suggests OTMO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests OTMO has a positive trend. |
| Stochastics (14,3) | 44.66 | NEUTRAL | The Stochastics value for OTMO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.48 | HIGH VOLATILITY | The high ATR as a percentage value for OTMO suggests high volalility. |
| Average Directional Index/ADX (14) | 33.35 | POSITIVE | The high ADX value value for OTMO suggests a strong trend. |
OTMO Chart- and CandleStick Pattern Analysis
OTMO Technicals: Chart, Performance Metrics, Trend & Indicators
5.3
+1.3 (+32.5%)
OTONOMO TECHNOLOGIES LTD / OTMO TA FAQ
What is the technical rating for OTMO stock?
ChartMill assigns a technical rating of 4 / 10 to OTMO.
What is the current trend direction of OTONOMO TECHNOLOGIES LTD (OTMO) stock?
The current trend direction for OTONOMO TECHNOLOGIES LTD (OTMO) is Bearish.
What is the RSI signal for OTMO stock?
OTONOMO TECHNOLOGIES LTD (OTMO) has an RSI value of 81.2245. This indicates that the stock is currently overbought.