OWLET INC (OWLT) Stock Technical Analysis
NYSE:OWLT - US69120X2062 - Common Stock
7.53 USD
+0.61 (+8.82%)
7.65 USD
+0.12 (+1.59%)
Taking everything into account, OWLT scores 8 out of 10 in our technical rating. In the last year, OWLT was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month OWLT has a been trading in the 6.20 - 10.30 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, OWLT did better than 92% of all other stocks. We also observe that the gains produced by OWLT over the past year are nicely spread over this period.
OWLT is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry. OWLT outperforms 91% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
OWLT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OWLT is lagging the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, OWLT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.42, a Stop Loss order could be placed below this zone.
More info and screens
6.57
9.50
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.38 to 7.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.64 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.54 to 7.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.41 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 OWLT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OWLT is down. |
| ChartMill Relative Strength | 92.62 | POSITIVE | OWLT has a high relative strength, it outperformed 92.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OWLT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OWLT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OWLT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49 | NEUTRAL | The RSI value for OWLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests OWLT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.95 | OVERSOLD | The low Stochastics value suggests OWLT may be oversold. |
| Average True Range in percent/ATR (20) | 11.57 | HIGH VOLATILITY | The high ATR as a percentage value for OWLT suggests high volalility. |
| Average Directional Index/ADX (14) | 19.68 | NEGATIVE | The low ADX value for OWLT suggests a weak or negative trend. |
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)
7.53
+0.61 (+8.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg8.82%
1 Week0%
2 Weeks-2.96%
1 Month1.89%
3 Month39.19%
6 Month66.59%
12 Month67.71%
2 Year145.28%
3 Year-66.8%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%11.57%
ATR Inc-27.97%
Range Today0.85
ADR(20)0.84
ADR(20)%11.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.62
Mansfield3.03
10 Day High8.4
10 Day Low6.75
20 Day High10.3
20 Day Low6.2
52 Week High10.3
52 Week Low2.75
CS1 End7.42
CR1 Start7.54
Volume & EV
DER(3)-14.54%
DER(5)-13.49%
Volume76.90K
Volume Incr-44.72%
Vol(5)56.18K
Vol(50)92.86K