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 3 out of 10 to OLO. OLO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month OLO has a been trading in the 6.82 - 7.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
OLO has an average volume of 1278290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
When compared to the yearly performance of all other stocks, OLO outperforms 64% of them, which is more or less in line with the market.
OLO is part of the Software industry. There are 283 other stocks in this industry, OLO did better than 56% of them.
OLO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OLO is lagging the market.
The technical rating of OLO is bad and it also does not present a quality setup 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
4.57
8.10
When analyzing the support we can see 3 important areas.
- Support @5.46 from a trend line in the weekly time frame.
- Support @5.22 from a trend line in the daily time frame.
- Support @4.62 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.10 to 7.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.85 from a horizontal line in the daily time frame.
- Resistance @8.02 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.33
Mansfield1.36
10 Day High7.45
10 Day Low6.82
20 Day High7.6
20 Day Low6.82
52 Week High8.35
52 Week Low4.2
Performance
1 Week-6.4%
2 Weeks-5.5%
1 Month-7.41%
3 Month-4.18%
6 Month24.68%
12 Month14.88%
2 Year-13.37%
3 Year-52.98%
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)37.49
LBB6.92
UBB7.45
6.87
-0.22 (-3.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.1%
1 Week-6.4%
2 Weeks-5.5%
1 Month-7.41%
3 Month-4.18%
6 Month24.68%
12 Month14.88%
2 Year-13.37%
3 Year-52.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%3.9%
ATR Inc46.22%
Range Today0.38
ADR(20)0.26
ADR(20)%3.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.33
Mansfield1.36
10 Day High7.45
10 Day Low6.82
20 Day High7.6
20 Day Low6.82
52 Week High8.35
52 Week Low4.2
CS1 End5.46
CR1 Start7.1
Volume & EV
DER(3)-2.48%
DER(5)-2.54%
Volume4.68M
Volume Incr99.58%
Vol(5)1.87M
Vol(50)1.28M