EBR:ONTEX - Euronext Brussels - BE0974276082 - Common Stock - Currency: EUR
Taking everything into account, ONTEX scores 5 out of 10 in our technical rating. In the last year, ONTEX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, ONTEX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ONTEX in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
7.14
4 important support areas can be observed.
We found 1 important resistance area.
EBR:ONTEX (3/7/2025, 7:00:00 PM)
8.4
+0.1 (+1.2%)