NASDAQ:ONFO - Nasdaq - US68277K2078 - Common Stock - Currency: USD
Overall ONFO gets a technical rating of 6 out of 10. Although ONFO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, ONFO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for ONFO in the last couple of days, which is a good sign.
1.15
When analyzing the support we can see 2 important areas.
3 important resistance areas can be observed.
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 |
---|---|---|---|
1.34 | 1.20 | 0.14 (10.45%) | 9.57% |
An entry @1.34. This is a Buy Stop order right above the resistance zone. | An exit @1.20. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.14 points, which is 10.45%. | For a 1.00% total portfolio risk, you can invest 9.57% of your capital in this trade. |
NASDAQ:ONFO (3/6/2025, 10:50:56 AM)
1.26
0 (0%)