(OTIC) Otonomy Inc complete technical analysis [charts+indicators] | Buy/Sell Otonomy Inc | (OTIC) share price targets
Complete technical analysis of Otonomy Inc (OTIC) by charts plus indicators, forecast predictions and share price targets for Otonomy Inc (OTIC)
Otonomy Inc trades in USA in Health Care sector.
10 day averaged volume of Otonomy Inc is 3187160
|Date||Daily Closing Price||Open||High||Low||Volume|
|01 Mon Mar 2021||2.88||2.89||2.90||2.78||0.387 times|
|26 Fri Feb 2021||2.91||2.87||2.96||2.69||0.619 times|
|25 Thu Feb 2021||2.95||2.94||3.03||2.89||0.586 times|
|24 Wed Feb 2021||2.94||2.89||3.15||2.78||0.821 times|
|23 Tue Feb 2021||2.88||2.87||2.98||2.77||1.013 times|
|22 Mon Feb 2021||3.00||2.72||3.36||2.55||5.134 times|
|19 Fri Feb 2021||5.39||5.34||5.60||5.34||0.331 times|
|18 Thu Feb 2021||5.35||5.51||5.68||5.19||0.273 times|
|17 Wed Feb 2021||5.63||5.26||5.73||4.99||0.369 times|
|16 Tue Feb 2021||5.19||5.33||5.35||4.88||0.537 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.5, but if it comes above 3.5, then a intra day buy could be more profitable.
If you take a sell trade below 3.5, then use 3.5 as stoploss and 2.2 as target. However if you take a buy trade in stock , then use 3.5 as stoploss and 4.54 as target.
Share price targets for Otonomy Inc (OTIC)
Intraday share price targets for Otonomy Inc (OTIC)
|Downside Intraday Target||2.81|
|Downside Intraday Target||2.73|
|Upside Intraday Target||2.93|
|Upside Intraday Target||2.97|
|Downside Intraday Target||2.85|
Weekly technical analysis of Otonomy Inc (OTIC)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|01 Mon Mar 2021||2.88||2.89||2.90||2.78||0.047 times|
|26 Fri Feb 2021||2.91||2.72||3.36||2.55||5.412 times|
|19 Fri Feb 2021||5.39||5.33||5.73||4.88||0.945 times|
|12 Fri Feb 2021||5.19||5.57||5.63||5.07||1.272 times|
|05 Fri Feb 2021||5.47||4.27||5.50||4.26||0.989 times|
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Otonomy Inc (OTIC)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|01 Mon Mar 2021||2.88||2.89||2.90||2.78||0.031 times|
|26 Fri Feb 2021||2.91||4.27||5.73||2.55||3.164 times|
|29 Fri Jan 2021||4.25||6.65||6.98||3.91||0.979 times|
|31 Thu Dec 2020||6.47||4.50||6.65||4.32||3.276 times|
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Otonomy Inc (OTIC)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||10, 42, 62||Sell|
Price action analysis of Otonomy Inc ( (OTIC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Otonomy Inc ( (OTIC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Otonomy Inc ( (OTIC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Otonomy Inc ( (OTIC) ) based on a mid to longer term time period is
ADX buy sell signal for Otonomy Inc stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Otonomy Inc in short term and the sell signal is strong.
Otonomy Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Otonomy Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Otonomy Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.33 and Otonomy Inc (OTIC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Otonomy Inc (OTIC) stock. Volume based technical analysis of Otonomy Inc (OTIC) stock is negative.
Otonomy Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.