We assign a technical rating of 2 out of 10 to OSPN. Recently some decent action could be observed, but in the medium term time frame this is still negative. OSPN was also a bad performer in the overall market in the last year.
OSPN has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
11.28
We found 2 important support areas.
When analyzing the resistance we notice 3 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for OSPN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OSPN is up. |
| ChartMill Relative Strength | 13.63 | NEGATIVE | OSPN has a low relative strength, it was outperformed by 86.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OSPN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OSPN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OSPN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.22 | NEUTRAL | The RSI value for OSPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests OSPN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.52 | NEUTRAL | The Stochastics value for OSPN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for OSPN suggests some volalility. |
| Average Directional Index/ADX (14) | 22.55 | NEUTRAL | The ADX value for OSPN suggests a possible start of a new trend. |
12.96
-0.28 (-2.11%)
ChartMill assigns a technical rating of 2 / 10 to OSPN.
The current trend direction for ONESPAN INC (OSPN) is Bearish.
ONESPAN INC (OSPN) has an RSI value of 52.2231. This indicates that the stock is currently neutral.
The MACD indicator for ONESPAN INC (OSPN) has a value of 0.208232, indicating a bearish trend.
ONESPAN INC (OSPN) has a support level at 12.41 and a resistance level at 13.25. Check the full technical report for our detailed analysis of OSPN support and resistance levels.