ORGANOVO HOLDINGS INC (ONVO)

US68620A2033 - Common Stock

0.448  +0.01 (+1.73%)

Technical Rating and Analysis

0

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.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
95% of all other stocks performed better in the past year than ONVO.
ONVO is one of the lesser performing stocks in the Biotechnology industry. 78% of 571 stocks in the same industry do better.
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 - 0.48 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ONVO Weekly chart
ONVO Daily chart
Setup Rating and Analysis

7

ONVO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.44, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ONVO in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.44

0.47

When analyzing the support we notice one important area.

  • A support zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.31
Mansfield-5.24
10 Day High0.48
10 Day Low0.32
20 Day High0.48
20 Day Low0.32
52 Week High1.74
52 Week Low0.32
Performance
1 Week25.83%
2 Weeks22.33%
1 Month-2.63%
3 Month-24.07%
6 Month-55.21%
12 Month-64.77%
2 Year-70.83%
3 Year-90.81%
5 Year-95.63%
10 Year-99.65%
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)0.01
RSI(14)55.33
LBB0.32
UBB0.45
ONVO Daily chart

ORGANOVO HOLDINGS INC

NASDAQ:ONVO (11/29/2024, 12:29:07 PM)

0.448

+0.01 (+1.73%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.73%
1 Week25.83%
2 Weeks22.33%
1 Month-2.63%
3 Month-24.07%
6 Month-55.21%
12 Month-64.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%13%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.48
10 Day Low0.32
20 Day High0.48
20 Day Low0.32
52 Week High1.74
52 Week Low0.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.28M
Volume Incr74.21%
Vol(5)253.98K
Vol(50)118.59K