Logo image of OTIS

OTIS WORLDWIDE CORP (OTIS) Stock Technical Analysis

NYSE:OTIS - New York Stock Exchange, Inc. - US68902V1070 - Common Stock

95.5  +0.73 (+0.77%)

After market: 95.5 0 (0%)

Technical Rating and Analysis

2

Overall OTIS gets a technical rating of 2 out of 10. 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.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
In the last month OTIS has a been trading in the 90.12 - 95.74 range, which is quite wide. It is currently trading near the high of this range.
OTIS has an average volume of 1836120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, OTIS turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
OTIS is part of the Machinery industry. There are 131 other stocks in this industry, OTIS did better than 43% of them.
OTIS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OTIS is lagging the market.
Weekly and Daily overview Charts
OTIS Weekly chart
OTIS Daily chart
Setup Rating and Analysis

3

The technical rating of OTIS is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

89.86

107.07

2 important support areas can be observed.

  • Support @94.79 from a horizontal line in the daily time frame.
  • A support zone ranging from 90.77 to 92.88. 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 2 important areas.

  • A resistance zone ranging from 98.94 to 100.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.52
Mansfield-1.01
10 Day High95.74
10 Day Low90.12
20 Day High95.74
20 Day Low90.12
52 Week High106.33
52 Week Low87.57
Performance
1 Week4.76%
2 Weeks2.81%
1 Month1.76%
3 Month-5.69%
6 Month2.16%
12 Month7.75%
2 Year16.14%
3 Year11.79%
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)0.59
RSI(14)56.02
LBB90.12
UBB95.01
OTIS Daily chart

OTIS WORLDWIDE CORP

NYSE:OTIS (1/21/2025, 8:18:59 PM)

After market: 95.5 0 (0%)

95.5

+0.73 (+0.77%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.77%
1 Week4.76%
2 Weeks2.81%
1 Month1.76%
3 Month-5.69%
6 Month2.16%
12 Month7.75%
2 Year16.14%
3 Year11.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.35
ATR(20)%1.4%
ATR Inc12.23%
Range Today1.12
ADR(20)1.26
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.52
Mansfield-1.01
10 Day High95.74
10 Day Low90.12
20 Day High95.74
20 Day Low90.12
52 Week High106.33
52 Week Low87.57
CS1 End94.79
CR1 Start98.94
Volume & EV
DER(3)-0.54%
DER(5)0.39%
Volume2.04M
Volume Incr-2.26%
Vol(5)1.79M
Vol(50)1.84M