We assign a technical rating of 0 out of 10 to ONVO. ONVO'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ONVO is a bad performer in the overall market: 99% of all stocks are doing better.
ONVO is part of the Biotechnology industry. There are 568 other stocks in this industry, of which 87% are performing better than ONVO.
ONVO is currently making a new 52 week low. This is a very bad signal. ONVO is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month ONVO has a been trading in the 1.56 - 4.15 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.
ONVO has an average volume of 9455810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.