OWLET INC (OWLT) Technical Analysis
NYSE:OWLT • US69120X2062
Current stock price
OWLT Technical Rating and Analysis
Taking everything into account, OWLT scores 1 out of 10 in our technical rating. OWLT 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- OWLT 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.
- When compared to the yearly performance of all other stocks, OWLT outperforms 40% of them, which is more or less in line with the market.
- OWLT is an average performer in the Health Care Equipment & Supplies industry, it outperforms 66% of 188 stocks in the same industry.
- In the last month OWLT has a been trading in the 4.19 - 5.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OWLT Weekly and Daily overview Charts
OWLT Setup Rating and Analysis
OWLT 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.
More info and screens
OWLT Support and Resistance Analysis
4.67
We found 3 important support areas.
- Support @4.94 from a horizontal line in the daily time frame.
- Support @4.84 from a trend line in the weekly time frame.
- Support @4.72 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @8.89 from a trend line in the daily time frame.
- Resistance @10.02 from a trend line in the daily time frame.
OWLT 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for OWLT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OWLT is down. |
| ChartMill Relative Strength | 40.9 | NEUTRAL | OWLT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OWLT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OWLT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OWLT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.83 | NEUTRAL | The RSI value for OWLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests OWLT has a positive trend. |
| Stochastics (14,3) | 74.05 | NEUTRAL | The Stochastics value for OWLT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.25 | HIGH VOLATILITY | The high ATR as a percentage value for OWLT suggests high volalility. |
| Average Directional Index/ADX (14) | 49.67 | POSITIVE | The high ADX value value for OWLT suggests a strong trend. |
OWLT Chart- and CandleStick Pattern Analysis
OWLT Technicals: Chart, Performance Metrics, Trend & Indicators
5.33
+0.32 (+6.39%)
OWLET INC / OWLT TA FAQ
What is the technical rating for OWLT stock?
ChartMill assigns a technical rating of 1 / 10 to OWLT.
Can you provide the trend direction for OWLET INC?
The current trend direction for OWLET INC (OWLT) is Bearish.
What is the RSI signal for OWLET INC (OWLT) stock?
OWLET INC (OWLT) has an RSI value of 36.8255. This indicates that the stock is currently neutral.
What is the short term momentum for OWLET INC (OWLT) stock?
The short term momentum for OWLET INC (OWLT) is negative.
What is the buy/sell signal for OWLT stock?
The buy/sell signal for OWLET INC (OWLT) is sell as both the short term and long term trends are negative.