ONESPAN INC (OSPN) Stock Technical Analysis
NASDAQ:OSPN - Nasdaq - US68287N1000 - Common Stock - Currency: USD
Taking everything into account, OSPN scores 4 out of 10 in our technical rating. Although OSPN 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.
In the last month OSPN has a been trading in the 16.96 - 20.36 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.
When comparing the yearly performance of all stocks, we notice that OSPN is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, OSPN also shows a nice and consistent pattern of rising prices.
OSPN is one of the better performing stocks in the Software industry, it outperforms 82% of 284 stocks in the same industry.
OSPN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OSPN is lagging the market slightly.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
OSPN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
13.92
19.47
When analyzing the support we can see 3 important areas.
- A support zone ranging from 16.47 to 16.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.90 from a trend line in the daily time frame.
- A support zone ranging from 14.06 to 14.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 18.94 to 19.28. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS92.63
Mansfield0.79
10 Day High20.36
10 Day Low16.97
20 Day High20.36
20 Day Low16.97
52 Week High20.36
52 Week Low9.22
Performance
1 Week-15.08%
2 Weeks-10.24%
1 Month-12.84%
3 Month-3.91%
6 Month6.58%
12 Month81.61%
2 Year27.07%
3 Year24.67%
5 Year4.06%
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)-0.23
RSI(14)34.2
LBB17.57
UBB20.82
17.18
-1.05 (-5.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-5.76%
1 Week-15.08%
2 Weeks-10.24%
1 Month-12.84%
3 Month-3.91%
6 Month6.58%
12 Month81.61%
2 Year27.07%
3 Year24.67%
5 Year4.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%5.07%
ATR Inc69.37%
Range Today1.57
ADR(20)0.85
ADR(20)%4.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.63
Mansfield0.79
10 Day High20.36
10 Day Low16.97
20 Day High20.36
20 Day Low16.97
52 Week High20.36
52 Week Low9.22
CS1 End16.55
CR1 Start18.94
Volume & EV
DER(3)-2.2%
DER(5)-2.36%
Volume573.10K
Volume Incr12.48%
Vol(5)460.96K
Vol(50)390.97K