OUSTER INC (OUST) Stock Technical Analysis
USA - NASDAQ:OUST - US68989M2026 - Common Stock
Taking everything into account, OUST scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OUST is showing a nice and steady performance.
OUST 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.
More info and screens
27.16
When analyzing the support we can see 2 important areas.
- Support @29.69 from a trend line in the daily time frame.
- Support @27.43 from a horizontal 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 | UP | POSITIVE | The long term trend for OUST is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OUST is neutral. |
| ChartMill Relative Strength | 98.52 | POSITIVE | OUST has a high relative strength, it outperformed 98.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OUST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OUST is above the rising 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) | 58.93 | NEUTRAL | The RSI value for OUST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests OUST has a positive trend. |
| Stochastics (14,3) | 36.73 | NEUTRAL | The Stochastics value for OUST is a neutral value. |
| Average True Range in percent/ATR (20) | 9.43 | HIGH VOLATILITY | The high ATR as a percentage value for OUST suggests high volalility. |
| Average Directional Index/ADX (14) | 17.77 | NEGATIVE | The low ADX value for OUST suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 41.66 | 29.68 | 11.98 (28.76%) | 3.48% |
| An entry @41.66. This is a Buy Stop order right above the 10 day high. | An exit @29.68. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 11.98 points, which is 28.76%. | When investing 3.48% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
35.8
+2.81 (+8.52%)
OUSTER INC / OUST FAQ
What is the ChartMill technical rating of OUSTER INC (OUST) stock?
ChartMill assigns a technical rating of 9 / 10 to OUST.
Can you provide the trend direction for OUSTER INC?
The current trend direction for OUSTER INC (OUST) is Bullish.
Can you provide the RSI signal for OUSTER INC?
OUSTER INC (OUST) has an RSI value of 58.9327. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for OUSTER INC?
OUSTER INC (OUST) has a support level at 29.69. Check the full technical report for our detailed analysis of OUST support and resistance levels.