OTIS WORLDWIDE CORP (OTIS)
US68902V1070 - Common Stock
We assign a technical rating of 5 out of 10 to OTIS. In the last year, OTIS was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
OTIS 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 OTIS is lagging the market slightly.
In the last month OTIS has a been trading in the 96.15 - 103.01 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
OTIS has an average volume of 2319340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, OTIS outperforms 62% of them, which is more or less in line with the market.
OTIS is an average performer in the Machinery industry, it outperforms 49% of 131 stocks in the same industry.
OTIS has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 100.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 99.71, a Stop Loss order could be placed below this zone.
More info and screens
77.53
107.07
We found 4 important support areas.
- A support zone ranging from 98.20 to 99.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 94.79 to 95.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 91.20 to 92.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @78.31 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 100.11 to 101.04. 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 106.01 to 106.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.06
Mansfield-0.68
10 Day High101.81
10 Day Low98.67
20 Day High103.01
20 Day Low96.15
52 Week High106.33
52 Week Low83.99
Performance
1 Week0.23%
2 Weeks-0.98%
1 Month-2.48%
3 Month6.1%
6 Month2.44%
12 Month17.53%
2 Year27.99%
3 Year24.32%
5 YearN/A
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)-0.06
RSI(14)47.28
LBB98.93
UBB101.4
OTIS WORLDWIDE CORP
NYSE:OTIS (11/21/2024, 8:04:00 PM)
After market: 99.95 0 (0%)99.95
+0.26 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.26%
1 Week0.23%
2 Weeks-0.98%
1 Month-2.48%
3 Month6.1%
6 Month2.44%
12 Month17.53%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.8
ATR(20)%1.97%
ATR Inc
Range Today1.39
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 High101.81
10 Day Low98.67
20 Day High103.01
20 Day Low96.15
52 Week High106.33
52 Week Low83.99
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.56M
Volume Incr-3.36%
Vol(5)1.98M
Vol(50)2.32M