OUSTER INC (OUST) Stock Technical Analysis
NASDAQ:OUST • US68989M2026
Taking everything into account, OUST scores 2 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month OUST has a been trading in the 17.28 - 27.27 range, which is quite wide. It is currently trading near the lows of this range.
- OUST is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 73% of 122 stocks in the same industry.
- OUST has an average volume of 1731680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, OUST did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- OUST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OUST is lagging the market.
- Considerably lower volume is observed in the last couple of days.
OUST has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for OUST in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
17.54
We found 2 important support areas.
- Support @18.61 from a horizontal line in the weekly time frame.
- Support @17.72 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @21.06 from a horizontal line in the daily time frame.
- A resistance zone ranging from 22.48 to 22.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.54 from a trend line in the weekly 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 | 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 | 91.9 | POSITIVE | OUST has a high relative strength, it outperformed 91.9% 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 | MIXED | The current price of OUST is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.2 | NEUTRAL | The RSI value for OUST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests OUST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.4 | NEUTRAL | The Stochastics value for OUST is a neutral value. |
| Average True Range in percent/ATR (20) | 9 | HIGH VOLATILITY | The high ATR as a percentage value for OUST suggests high volalility. |
| Average Directional Index/ADX (14) | 19.07 | NEGATIVE | The low ADX value for OUST suggests a weak or negative trend. |
18.62
-0.46 (-2.41%)
OUSTER INC / OUST FAQ
What is the ChartMill technical rating of OUSTER INC (OUST) stock?
ChartMill assigns a technical rating of 2 / 10 to OUST.
What is the trend direction for OUST stock?
The current trend direction for OUSTER INC (OUST) is Bearish.
Can you provide the RSI signal for OUSTER INC?
OUSTER INC (OUST) has an RSI value of 39.2041. This indicates that the stock is currently neutral.
What is the buy/sell signal for OUSTER INC (OUST) stock?
The buy/sell signal for OUSTER INC (OUST) is sell as both the short term and long term trends are negative.
What is the support and resistance level for OUST stock?
OUSTER INC (OUST) has a support level at 18.61 and a resistance level at 21.06. Check the full technical report for our detailed analysis of OUST support and resistance levels.