OUTLOOK THERAPEUTICS INC (OTLK) Stock Technical Analysis
NASDAQ:OTLK - Nasdaq - US69012T3059 - Common Stock - Currency: USD
Taking everything into account, OTLK scores 0 out of 10 in our technical rating. OTLK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, OTLK is a bad performer in the overall market: 95% of all stocks are doing better.
OTLK is one of the lesser performing stocks in the Biotechnology industry. 71% of 568 stocks in the same industry do better.
OTLK is currently trading near the lower end of its 52 week range, which is not a good sign. OTLK is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month OTLK has a been trading in the 1.06 - 1.55 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
1.44
2.42
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.46 to 1.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.28 from a trend line in the weekly time frame.
- Resistance @2.40 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.13
Mansfield-6.86
10 Day High1.49
10 Day Low1.06
20 Day High1.55
20 Day Low1.06
52 Week High9.29
52 Week Low0.87
Performance
1 Week16.94%
2 Weeks19.83%
1 Month-2.03%
3 Month-34.98%
6 Month-72.69%
12 Month-82.25%
2 Year-93.1%
3 Year-95.32%
5 Year-89.26%
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)0.04
RSI(14)55.82
LBB1.08
UBB1.47
1.45
+0.08 (+5.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.84%
1 Week16.94%
2 Weeks19.83%
1 Month-2.03%
3 Month-34.98%
6 Month-72.69%
12 Month-82.25%
2 Year-93.1%
3 Year-95.32%
5 Year-89.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%9.6%
ATR Inc-19.31%
Range Today0.13
ADR(20)0.14
ADR(20)%9.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.13
Mansfield-6.86
10 Day High1.49
10 Day Low1.06
20 Day High1.55
20 Day Low1.06
52 Week High9.29
52 Week Low0.87
CS1 EndN/A
CR1 Start1.46
Volume & EV
DER(3)5.93%
DER(5)7.43%
Volume307.00K
Volume Incr-22.29%
Vol(5)337.42K
Vol(50)449.99K