ORGANOVO HOLDINGS INC (ONVO) Stock Technical Analysis
NASDAQ:ONVO - Nasdaq - US68620A2033 - Common Stock - Currency: USD
Taking everything into account, ONVO scores 1 out of 10 in our technical rating. ONVO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
93% of all other stocks performed better in the past year than ONVO.
ONVO is part of the Biotechnology industry. There are 572 other stocks in this industry, of which 60% are performing better than ONVO.
ONVO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ONVO has a been trading in the 0.32 - 0.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ONVO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.34, a Stop Loss order could be placed below this zone.
More info and screens
0.34
0.49
When analyzing the support we notice one important area.
- A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.44 from a trend line in the daily time frame.
- Resistance @0.48 from a horizontal line in the daily time frame.
- Resistance @0.49 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
CRS7.61
Mansfield-4.85
10 Day High0.4
10 Day Low0.33
20 Day High0.4
20 Day Low0.32
52 Week High1.74
52 Week Low0.32
Performance
1 Week-2.38%
2 Weeks7.96%
1 Month3.94%
3 Month-7.75%
6 Month-40.37%
12 Month-63.1%
2 Year-84.43%
3 Year-89.63%
5 Year-94.29%
10 Year-99.69%
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
RSI(14)49.83
LBB0.33
UBB0.39
NASDAQ:ONVO (2/21/2025, 8:00:02 PM)
0.369
-0.01 (-2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.61%
1 Week-2.38%
2 Weeks7.96%
1 Month3.94%
3 Month-7.75%
6 Month-40.37%
12 Month-63.1%
2 Year-84.43%
3 Year-89.63%
5 Year-94.29%
10 Year-99.69%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%7.21%
ATR Inc24.6%
Range Today0.02
ADR(20)0.03
ADR(20)%7.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.61
Mansfield-4.85
10 Day High0.4
10 Day Low0.33
20 Day High0.4
20 Day Low0.32
52 Week High1.74
52 Week Low0.32
CS1 End0.34
CR1 Start0.38
Volume & EV
DER(3)-3.79%
DER(5)-3.31%
Volume138.20K
Volume Incr17.99%
Vol(5)123.02K
Vol(50)165.91K