STKS Technical Analysis - ONE GROUP HOSPITALITY INC/TH

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to STKS. STKS's overall performance in the market is below average. Also 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.

96% of all other stocks performed better in the past year than STKS.

STKS is part of the Hotels, Restaurants & Leisure industry. There are 134 other stocks in this industry, of which 80% are performing better than STKS.

STKS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month STKS has a been trading in the 2.43 - 2.96 range, which is quite wide. It is currently trading near the lows of this range.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ONE GROUP HOSPITALITY INC/TH / STKS Weekly stock chart

ONE GROUP HOSPITALITY INC/TH / STKS Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, STKS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.46, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.42

5.23

When analyzing the support we notice one important area.

A support zone ranging from 2.44 to 2.46. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

A resistance zone ranging from 2.85 to 2.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @4.96 from a trend line in the weekly time frame.
Resistance @5.18 from a horizontal line in the weekly time frame.

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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 STKS is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for STKS is down.
ChartMill Relative Strength	4.91	NEGATIVE	STKS has a low relative strength, it was outperformed by 95.09% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of STKS is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of STKS is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of STKS is below a declining SMA(200).
Relative Strength Index/RSI (14)	37.39	NEUTRAL	The RSI value for STKS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests STKS has a positive trend, although the MACD value is declining.
Stochastics (14,3)	25	NEUTRAL	The Stochastics value for STKS is a neutral value.
Average True Range in percent/ATR (20)	5.25	HIGH VOLATILITY	The high ATR as a percentage value for STKS suggests high volalility.
Average Directional Index/ADX (14)	36.77	POSITIVE	The high ADX value value for STKS suggests a strong trend.