OTIS WORLDWIDE CORP (OTIS) Stock Technical Analysis
NYSE:OTIS - New York Stock Exchange, Inc. - US68902V1070 - Common Stock - Currency: USD
Taking everything into account, OTIS scores 3 out of 10 in our technical rating. OTIS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
OTIS is part of the Machinery industry. There are 128 other stocks in this industry. OTIS outperforms 88% of them.
OTIS has an average volume of 2595950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, OTIS did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
OTIS 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.
In the last month OTIS has a been trading in the 89.70 - 105.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OTIS 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.
More info and screens
89.86
107.07
When analyzing the support we can see 3 important areas.
- A support zone ranging from 98.20 to 98.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 94.02 to 95.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 90.77 to 92.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @101.52 from a horizontal line in the daily time frame.
- A resistance zone ranging from 104.81 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
CRS78.48
Mansfield0.82
10 Day High102.9
10 Day Low89.7
20 Day High105.95
20 Day Low89.7
52 Week High106.83
52 Week Low89.7
Performance
1 Week4.45%
2 Weeks-5.54%
1 Month-3.32%
3 Month3.96%
6 Month-7.07%
12 Month3.59%
2 Year15.5%
3 Year35.26%
5 Year93.52%
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)-0.09
RSI(14)49.63
LBB89.26
UBB106.69
98.52
+1.74 (+1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.8%
1 Week4.45%
2 Weeks-5.54%
1 Month-3.32%
3 Month3.96%
6 Month-7.07%
12 Month3.59%
2 Year15.5%
3 Year35.26%
5 Year93.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.55
ATR(20)%2.96%
ATR Inc-18.94%
Range Today2.19
ADR(20)2.83
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.48
Mansfield0.82
10 Day High102.9
10 Day Low89.7
20 Day High105.95
20 Day Low89.7
52 Week High106.83
52 Week Low89.7
CS1 End98.4
CR1 Start101.52
Volume & EV
DER(3)-1.63%
DER(5)-2.11%
Volume1.96M
Volume Incr-28.51%
Vol(5)2.04M
Vol(50)2.60M