OTONOMO TECHNOLOGIES -CW26 (OTMOW) Stock Technical Analysis
NASDAQ:OTMOW - Nasdaq - - Currency: USD
Overall OTMOW gets a technical rating of 7 out of 10. In the last year, OTMOW was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that OTMOW is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
OTMOW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OTMOW is lagging the market slightly.
In the last month OTMOW has a been trading in the 0.02 - 0.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
OTMOW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.04, a Stop Loss order could be placed below this zone.
More info and screens
0.02
0.05
3 important support areas can be observed.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.03 from a horizontal line in the daily time frame.
- Support @0.02 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.05 from a trend line in the daily time frame.
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 OTMOW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OTMOW is neutral. |
| ChartMill Relative Strength | 97.82 | POSITIVE | OTMOW has a high relative strength, it outperformed 97.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OTMOW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OTMOW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OTMOW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.45 | NEUTRAL | The RSI value for OTMOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OTMOW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.72 | NEUTRAL | The Stochastics value for OTMOW is a neutral value. |
| Average True Range in percent/ATR (20) | 25.7 | HIGH VOLATILITY | The high ATR as a percentage value for OTMOW suggests high volalility. |
| Average Directional Index/ADX (14) | 15.28 | NEGATIVE | The low ADX value for OTMOW suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.06 | 0.03 | 0.03 (50.00%) | 2.00% |
| An entry @0.06. This is a Buy Stop order right above the resistance zone. | An exit @0.03. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.03 points, which is 50.00%. | For a 1.00% total portfolio risk, you can invest 2.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:OTMOW (9/22/2023, 8:17:41 PM)
0.0471
+0.01 (+34.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg34.57%
1 Week17.75%
2 Weeks-19.9%
1 Month4.43%
3 Month130.88%
6 Month17.75%
12 Month6.32%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%25.7%
ATR Inc-15.24%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.82
Mansfield3.09
10 Day High0.06
10 Day Low0.02
20 Day High0.06
20 Day Low0.02
52 Week High0.07
52 Week Low0.02
CS1 End0.04
CR1 Start0.05
Volume & EV
DER(3)-8.1%
DER(5)-4.59%
Volume14.50K
Volume Incr-84.24%
Vol(5)5.34K
Vol(50)33.56K