Technical Analysis for OTIS - Otis Worldwide Corporation

Grade Last Price % Change Price Change
grade A 54.15 0.13% 0.07
OTIS closed up 0.13 percent on Tuesday, June 2, 2020, on 45 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong N/A N/A Up
Historical OTIS trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
NR7 Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
New 52 Week Closing High Bullish 0.13%
20 DMA Support Bullish 2.85%
180 Bullish Setup Bullish Swing Setup 2.85%

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Profile

Otis Elevator Company Inc. operates as an elevator and escalator manufacturing, installation, and service company worldwide. It designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. The company also performs maintenance and repair services for its products and those of other manufacturers, as well as provides modernization services to upgrade elevators and escalators. It sells its products directly to end customer, as well as through sales representatives and distributors. Otis Elevator Company Inc. was formerly known as Otis Fensom Elevator Company Limited and changed its name to Otis Elevator Company Inc in November 1949. The company was founded in 1853 and is headquartered in Farmington, Connecticut. Otis Elevator Company operates independently of United Technologies Corporation as of April 3, 2020.
Transport Repair Services Human Activities Farmington Elevator

Is OTIS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 54.75
52 Week Low 41.26
Average Volume 5,888,842
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 51.21
10-Day Moving Average 52.43
Average True Range 2.35
ADX 28.78
+DI 30.71
-DI 15.21
Chandelier Exit (Long, 3 ATRs ) 47.70
Chandelier Exit (Short, 3 ATRs ) 54.25
Upper Bollinger Band 55.12
Lower Bollinger Band 47.31
Percent B (%b) 0.88
BandWidth 15.24
MACD Line 1.52
MACD Signal Line 1.43
MACD Histogram 0.0891
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 56.34
Resistance 3 (R3) 56.30 55.52 55.98
Resistance 2 (R2) 55.52 54.97 55.55 55.85
Resistance 1 (R1) 54.84 54.62 54.45 54.88 55.73
Pivot Point 54.06 54.06 53.87 54.09 54.06
Support 1 (S1) 53.38 53.51 52.99 53.42 52.57
Support 2 (S2) 52.60 53.16 52.63 52.45
Support 3 (S3) 51.92 52.60 52.33
Support 4 (S4) 51.96