OOMA INC (OOMA) Stock Technical Analysis
NYSE:OOMA - New York Stock Exchange, Inc. - US6834161019 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to OOMA. Although OOMA 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
OOMA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When comparing the yearly performance of all stocks, we notice that OOMA is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by OOMA over the past year are nicely spread over this period.
OOMA is part of the Software industry. There are 285 other stocks in this industry. OOMA outperforms 90% of them.
OOMA is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is only medium, OOMA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 12.13, a Stop Loss order could be placed below this zone.
More info and screens
11.75
15.10
When analyzing the support we notice one important area.
- A support zone ranging from 11.87 to 12.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 12.72 to 12.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @13.93 from a horizontal line in the daily time frame.
- Resistance @14.95 from a trend 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
CRS94.51
Mansfield1.48
10 Day High12.66
10 Day Low11.25
20 Day High13.99
20 Day Low11.25
52 Week High17
52 Week Low6.5
Performance
1 Week2.83%
2 Weeks-1.36%
1 Month-9.4%
3 Month-12.91%
6 Month1.4%
12 Month74.79%
2 Year0.33%
3 Year-3.89%
5 Year5.83%
10 YearN/A
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)0.02
RSI(14)40.6
LBB11.46
UBB13.31
12.34
+0.1 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.82%
1 Week2.83%
2 Weeks-1.36%
1 Month-9.4%
3 Month-12.91%
6 Month1.4%
12 Month74.79%
2 Year0.33%
3 Year-3.89%
5 Year5.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%4.5%
ATR Inc-58.02%
Range Today0.22
ADR(20)0.51
ADR(20)%4.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.51
Mansfield1.48
10 Day High12.66
10 Day Low11.25
20 Day High13.99
20 Day Low11.25
52 Week High17
52 Week Low6.5
CS1 End12.13
CR1 Start12.72
Volume & EV
DER(3)-3.81%
DER(5)-3.67%
Volume123.20K
Volume Incr-29.01%
Vol(5)121.32K
Vol(50)144.23K