Overall OUST gets a technical rating of 2 out of 10. Although OUST is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
OUST has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
19.52
We found 1 important support area.
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 | DOWN | NEGATIVE | The long term trend for OUST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OUST is down. |
| ChartMill Relative Strength | 93.95 | POSITIVE | OUST has a high relative strength, it outperformed 93.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OUST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OUST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OUST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.32 | NEUTRAL | The RSI value for OUST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests OUST has a positive trend. |
| Stochastics (14,3) | 44.04 | NEUTRAL | The Stochastics value for OUST is a neutral value. |
| Average True Range in percent/ATR (20) | 9.96 | HIGH VOLATILITY | The high ATR as a percentage value for OUST suggests high volalility. |
| Average Directional Index/ADX (14) | 19.36 | NEGATIVE | The low ADX value for OUST suggests a weak or negative trend. |
22.96
+0.58 (+2.59%)
ChartMill assigns a technical rating of 2 / 10 to OUST.
The current trend direction for OUSTER INC (OUST) is Bearish.
OUSTER INC (OUST) has an RSI value of 43.3195. This indicates that the stock is currently neutral.
The buy/sell signal for OUSTER INC (OUST) is sell as both the short term and long term trends are negative.
OUSTER INC (OUST) has a support level at 20.16. Check the full technical report for our detailed analysis of OUST support and resistance levels.