US stock / ETF

Otis Worldwide Corporation

OTIS · NYSE · USD

1 hourBearish69%
1h Downside probability 69%Bearish

OTIS 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $77.69 and stabilize above resistance $79.67.

Invalidation Trigger

Break above $79.67 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 39.3, MACD 0.019

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3093 (0.4%)

1h

EMA Structure

Bearish
EMA 8$77.5Bearish
EMA 21$77.69Bearish
EMA 50$77.95Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.3 · MACD 0.019

Momentum is weak

Strength
Bearish
Volatility
ATR $0.3093 · BB 1.75%

Low volatility

Strength
Bullish
Volume
MFI 34.9 · OBV -1.11%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$76.92 - $79.67

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+3.68% · 9.2 ATR above latest close

$79.98
Nearest resistance

+3.28% · 8.2 ATR above · 34-bar high

$79.67
Current price

Price shown is delayed

$77.14
Nearest support

-0.29% · 0.7 ATR below · 34-bar low

$76.92
Deeper support zone

-0.69% · 1.7 ATR below latest close

$76.61
ATR zone

Latest close ± ATR14

$76.83 - $77.45

Indicators

Trend

Dow Theory Structure

Confirmation $78.57, invalidation $77.3

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

28.2 / 39.4 / 23.3Bullish
Supertrend (10,3)

Price is above Supertrend

$76.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

$77.87 / $78.53Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Volatility

ATR (14)

Low volatility

$0.3093 (0.4%)Bullish
Bollinger Bands (20,2)

Width 1.75%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$78.37 / $76.98Bullish
ATR channel lower / upper

Current Volatility Envelope

$76.83 / $77.45Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.67Range
Support

Nearest Downside Decision Level

$76.92Range

Momentum

RSI (14)

Momentum is weak

39.3Bearish
MACD (12,26,9)

Histogram is positive

0.019Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.1 / 22.1Bearish
Williams %R (14)

Oversold zone

-89.9Bullish
CCI (20)

Balanced zone

-87.8Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.9Bearish
OBV slope

20-period OBV slope

-1.11%Bearish
Volume ratio

Relative to 20-period average volume

4.16xBullish

Trend

Dow Theory Structure

Confirmation $78.57, invalidation $77.3

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

28.2 / 39.4 / 23.3Bullish
Supertrend (10,3)

Price is above Supertrend

$76.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

$77.87 / $78.53Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Momentum

RSI (14)

Momentum is weak

39.3Bearish
MACD (12,26,9)

Histogram is positive

0.019Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.1 / 22.1Bearish
Williams %R (14)

Oversold zone

-89.9Bullish
CCI (20)

Balanced zone

-87.8Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$0.3093 (0.4%)Bullish
Bollinger Bands (20,2)

Width 1.75%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$78.37 / $76.98Bullish
ATR channel lower / upper

Current Volatility Envelope

$76.83 / $77.45Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.9Bearish
OBV slope

20-period OBV slope

-1.11%Bearish
Volume ratio

Relative to 20-period average volume

4.16xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.67Range
Support

Nearest Downside Decision Level

$76.92Range

Related Forecasts