OUTLOOK THERAPEUTICS INC (OTLK)

US69012T3059 - Common Stock

2.2693  +0.09 (+4.1%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to OTLK. OTLK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than OTLK.
OTLK is part of the Biotechnology industry. There are 561 other stocks in this industry, of which 88% are performing better than OTLK.
OTLK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OTLK is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month OTLK has a been trading in the 1.26 - 2.60 range, which is quite wide. It is currently trading near the high of this range.
OTLK has an average volume of 2285450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
OTLK Weekly chart
OTLK Daily chart
Setup Rating and Analysis

3

The technical rating of OTLK 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

2.23

2.67

When analyzing the support we notice one important area.

  • Support @2.25 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @2.38 from a horizontal line in the daily time frame.
  • Resistance @2.64 from a trend line in the weekly time frame.
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
CRS1.69
Mansfield-7.05
10 Day High2.6
10 Day Low1.36
20 Day High2.6
20 Day Low1.26
52 Week High12.85
52 Week Low0.87
Performance
1 Week15.34%
2 Weeks53.52%
1 Month28.24%
3 Month-57.67%
6 Month-75.17%
12 Month-70.4%
2 Year-90.52%
3 Year-92.32%
5 Year-88.21%
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)0.22
RSI(14)46.54
LBB1.13
UBB2.54
OTLK Daily chart

OUTLOOK THERAPEUTICS INC

NASDAQ:OTLK (1/10/2025, 9:43:02 AM)

2.2693

+0.09 (+4.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.1%
1 Week15.34%
2 Weeks53.52%
1 Month28.24%
3 Month-57.67%
6 Month-75.17%
12 Month-70.4%
2 Year-90.52%
3 Year-92.32%
5 Year-88.21%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%10.41%
ATR Inc18.77%
Range Today0.1
ADR(20)0.23
ADR(20)%9.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.69
Mansfield-7.05
10 Day High2.6
10 Day Low1.36
20 Day High2.6
20 Day Low1.26
52 Week High12.85
52 Week Low0.87
CS1 EndN/A
CR1 Start2.25
Volume & EV
DER(3)-5.29%
DER(5)-5.49%
Volume80.17K
Volume Incr6.18%
Vol(5)1.38M
Vol(50)2.29M