OLO INC - CLASS A (OLO) Stock Technical Analysis
NYSE:OLO - New York Stock Exchange, Inc. - US68134L1098 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to OLO. OLO 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.
OLO is one of the better performing stocks in the Software industry, it outperforms 71% of 283 stocks in the same industry.
OLO has an average volume of 1332720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that OLO is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
OLO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month OLO has a been trading in the 5.51 - 6.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, OLO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 6.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.91, a Stop Loss order could be placed below this zone.
More info and screens
5.77
6.63
We found 1 important support area.
- A support zone ranging from 5.83 to 5.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.13 to 6.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.47 to 6.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.78
Mansfield1.24
10 Day High6.46
10 Day Low5.51
20 Day High6.58
20 Day Low5.51
52 Week High8.35
52 Week Low4.2
Performance
1 Week-0.66%
2 Weeks3.24%
1 Month-4.57%
3 Month-21.71%
6 Month20%
12 Month29.76%
2 Year-11.53%
3 Year-43.31%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)44.7
LBB5.77
UBB6.33
6.06
+0.03 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.5%
1 Week-0.66%
2 Weeks3.24%
1 Month-4.57%
3 Month-21.71%
6 Month20%
12 Month29.76%
2 Year-11.53%
3 Year-43.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%4.88%
ATR Inc-53.93%
Range Today0.13
ADR(20)0.28
ADR(20)%4.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.78
Mansfield1.24
10 Day High6.46
10 Day Low5.51
20 Day High6.58
20 Day Low5.51
52 Week High8.35
52 Week Low4.2
CS1 End5.91
CR1 Start6.13
Volume & EV
DER(3)-1.45%
DER(5)-1.13%
Volume984.60K
Volume Incr-36.38%
Vol(5)806.30K
Vol(50)1.33M