OTONOMO TECHNOLOGIES -CW26 (OTMOW) Technical Analysis
NASDAQ:OTMOW
Current stock price
OTMOW Technical Rating and Analysis
Taking everything into account, OTMOW scores 7 out of 10 in our technical rating. 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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 Weekly and Daily overview Charts
OTMOW Setup Rating and Analysis
OTMOW has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
OTMOW Support and Resistance Analysis
0.02
When analyzing the support we can see 3 important areas.
- 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.
When analyzing the resistance we notice one important area.
- Resistance @0.05 from a trend line in the daily time frame.
OTMOW 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 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. |
OTMOW Chart- and CandleStick Pattern Analysis
OTMOW Example Setup
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.
OTMOW Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:OTMOW (9/22/2023, 8:17:41 PM)
0.0471
+0.01 (+34.57%)
OTONOMO TECHNOLOGIES -CW26 / OTMOW TA FAQ
What is the ChartMill technical rating of OTONOMO TECHNOLOGIES -CW26 (OTMOW) stock?
ChartMill assigns a technical rating of 6 / 10 to OTMOW.
What is the current trend direction of OTONOMO TECHNOLOGIES -CW26 (OTMOW) stock?
The current trend direction for OTONOMO TECHNOLOGIES -CW26 (OTMOW) is Bearish.
What is the RSI signal for OTONOMO TECHNOLOGIES -CW26 (OTMOW) stock?
OTONOMO TECHNOLOGIES -CW26 (OTMOW) has an RSI value of 52.4464. This indicates that the stock is currently neutral.
What is the short term momentum for OTONOMO TECHNOLOGIES -CW26 (OTMOW) stock?
The short term momentum for OTONOMO TECHNOLOGIES -CW26 (OTMOW) is neutral.