OUTDOOR HOLDING CO (POWW) Stock Technical Analysis
USA - NASDAQ:POWW - US00175J1079 - Common Stock
1.52 USD
+0.07 (+4.83%)
1.5181 USD
0 (-0.12%)
Overall POWW gets a technical rating of 7 out of 10. In the last year, POWW was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
POWW is part of the Leisure Products industry. There are 33 other stocks in this industry. POWW outperforms 87% of them.
When comparing the yearly performance of all stocks, we notice that POWW is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
POWW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so POWW is lagging the market.
In the last month POWW has a been trading in the 1.39 - 1.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
POWW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.44, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for POWW in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.15
1.80
We found 2 important support areas.
- A support zone ranging from 1.41 to 1.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.16 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.53 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.58 to 1.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.78 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 | UP | POSITIVE | The long term trend for POWW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for POWW is neutral. |
| ChartMill Relative Strength | 82.88 | POSITIVE | POWW has a high relative strength, it outperformed 82.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of POWW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of POWW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of POWW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.79 | NEUTRAL | The RSI value for POWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests POWW has a positive trend. |
| Stochastics (14,3) | 53.62 | NEUTRAL | The Stochastics value for POWW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for POWW suggests high volalility. |
| Average Directional Index/ADX (14) | 42.36 | POSITIVE | The high ADX value value for POWW suggests a strong 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)
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 |
|---|---|---|---|
| 1.54 | 1.41 | 0.13 (8.44%) | 11.85% |
| An entry @1.54. This is a Buy Stop order right above the resistance zone. | An exit @1.41. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.13 points, which is 8.44%. | When investing 11.85% 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.
1.52
+0.07 (+4.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg4.83%
1 Week4.83%
2 Weeks5.56%
1 Month7.04%
3 Month22.58%
6 Month6.29%
12 Month18.75%
2 Year-47.77%
3 Year-53.23%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%5.23%
ATR Inc21.58%
Range Today0.07
ADR(20)0.08
ADR(20)%5.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.88
Mansfield-0.3
10 Day High1.62
10 Day Low1.42
20 Day High1.62
20 Day Low1.39
52 Week High2.13
52 Week Low0.95
CS1 End1.44
CR1 Start1.53
Volume & EV
DER(3)8.9%
DER(5)9.06%
Volume432.90K
Volume Incr-39.58%
Vol(5)444.64K
Vol(50)559.16K