OUTLOOK THERAPEUTICS INC (OTLK) Technical Analysis
NASDAQ:OTLK • US69012T3059
Current stock price
OTLK Technical Rating and Analysis
Overall OTLK gets a technical rating of 0 out of 10. 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, OTLK is a bad performer in the overall market: 99% of all stocks are doing better.
- OTLK is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 88% are performing better than OTLK.
- OTLK is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so OTLK is lagging the market.
- In the last month OTLK has a been trading in the 0.16 - 0.46 range, which is quite wide. It is currently trading near the lows of this range.
- OTLK has an average volume of 2251270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OTLK Weekly and Daily overview Charts
OTLK Setup Rating and Analysis
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
OTLK Support and Resistance Analysis
0.22
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.40 from a trend line in the daily time frame.
OTLK Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for OTLK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OTLK is down. |
| ChartMill Relative Strength | 1.57 | NEGATIVE | OTLK has a low relative strength, it was outperformed by 98.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OTLK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OTLK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OTLK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.19 | NEUTRAL | The RSI value for OTLK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OTLK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.49 | OVERSOLD | The low Stochastics value suggests OTLK may be oversold. |
| Average True Range in percent/ATR (20) | 18.62 | HIGH VOLATILITY | The high ATR as a percentage value for OTLK suggests high volalility. |
| Average Directional Index/ADX (14) | 46.19 | POSITIVE | The high ADX value value for OTLK suggests a strong trend. |
OTLK Chart- and CandleStick Pattern Analysis
OTLK Technicals: Chart, Performance Metrics, Trend & Indicators
0.219
+0.01 (+4.29%)
OUTLOOK THERAPEUTICS INC / OTLK TA FAQ
What is the ChartMill technical rating of OUTLOOK THERAPEUTICS INC (OTLK) stock?
ChartMill assigns a technical rating of 0 / 10 to OTLK.
Can you provide the trend direction for OUTLOOK THERAPEUTICS INC?
The current trend direction for OUTLOOK THERAPEUTICS INC (OTLK) is Bearish.
Can you provide the RSI signal for OUTLOOK THERAPEUTICS INC?
OUTLOOK THERAPEUTICS INC (OTLK) has an RSI value of 30.1927. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OUTLOOK THERAPEUTICS INC?
The MACD indicator for OUTLOOK THERAPEUTICS INC (OTLK) has a value of -0.00375935, indicating a bearish trend.
What is the short term momentum for OTLK stock?
The short term momentum for OUTLOOK THERAPEUTICS INC (OTLK) is negative.