Logo image of OTRA

OTR ACQUISITION CORP-CLASS A (OTRA) Stock Technical Analysis

USA - Nasdaq - NASDAQ:OTRA - US67113Q1058 - Common Stock

9.91
-1.32 (-11.75%)
Last: 5/19/2022, 8:00:07 PM
9.67
-0.24 (-2.42%)
After Hours: 5/19/2022, 8:00:07 PM
Technical Rating and Analysis

2

Taking everything into account, OTRA scores 2 out of 10 in our technical rating. OTRA 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.

OTRA 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.
In the last month OTRA has a been trading in the 8.08 - 15.30 range, which is quite wide. It is currently trading near the lows of this range.
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 OTRA is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.

More info and screens

Weekly and Daily overview Charts
OTR ACQUISITION CORP-CLASS A / OTRA Weekly stock chart
OTR ACQUISITION CORP-CLASS A / OTRA Daily stock chart
Setup Rating and Analysis

4

OTRA has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.

More info and screens

Support and Resistance Analysis

9.81

11.35

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 9.98 to 10.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @11.24 from a horizontal line in the daily time frame.

More info

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for OTRA is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for OTRA is neutral.
ChartMill Relative Strength70.8POSITIVEOTRA has a high relative strength, it outperformed 70.8% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of OTRA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of OTRA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of OTRA is below a declining SMA(200).
Relative Strength Index/RSI (14)47.56NEUTRALThe RSI value for OTRA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.04NEGATIVEThe MACD value suggests OTRA has a negative trend.
Stochastics (14,3)33.06NEUTRALThe Stochastics value for OTRA is a neutral value.
Average True Range in percent/ATR (20)13.07HIGH VOLATILITYThe high ATR as a percentage value for OTRA suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)

More info

OTR ACQUISITION CORP-CLASS A / OTRA Daily stock chart

OTR ACQUISITION CORP-CLASS A

NASDAQ:OTRA (5/19/2022, 8:00:07 PM)

After market: 9.67 -0.24 (-2.42%)

9.91

-1.32 (-11.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-11.75%
1 Week2.75%
2 Weeks-3.41%
1 Month-3.22%
3 Month-2.65%
6 Month-1.78%
12 Month-0.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.85
ATR(20)%13.07%
ATR Inc126.31%
Range Today2.57
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
CRS70.8
3 months CRSN/A
6 months CRSN/A
Mansfield1.11
10 Day High15.3
10 Day Low8.08
20 Day High15.3
20 Day Low8.08
52 Week High15.3
52 Week Low8.08
CS1 EndN/A
CR1 Start9.98
Volume & EV
DER(3)-0.64%
DER(5)0.61%
Volume838.20K
Volume Incr1272.29%
Vol(5)1.83M
Vol(50)260.91K

OTR ACQUISITION CORP-CLASS A / OTRA FAQ

What is the ChartMill technical rating of OTR ACQUISITION CORP-CLASS A (OTRA) stock?

ChartMill assigns a technical rating of 2 / 10 to OTRA.


What is the trend direction for OTRA stock?

The current trend direction for OTR ACQUISITION CORP-CLASS A (OTRA) is Bearish.


What is the RSI signal for OTR ACQUISITION CORP-CLASS A (OTRA) stock?

OTR ACQUISITION CORP-CLASS A (OTRA) has an RSI value of 47.5618. This indicates that the stock is currently neutral.


Can you provide the MACD signal for OTR ACQUISITION CORP-CLASS A?

The MACD indicator for OTR ACQUISITION CORP-CLASS A (OTRA) has a value of -0.0421998, indicating a bearish trend.


What are the support and resistance levels for OTR ACQUISITION CORP-CLASS A (OTRA) stock?

OTR ACQUISITION CORP-CLASS A (OTRA) has a resistance level at 9.98. Check the full technical report for our detailed analysis of OTRA support and resistance levels.