US stock / ETF

Otis Worldwide Corporation

OTIS · NYSE · USD

1 monthBearish72%
Monthly Downside probability 72%Bearish

OTIS 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $84.81 and stabilize above resistance $106.83.

Invalidation Trigger

Break above $106.83 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 38.7, MACD -2.676

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $8 (11.02%)

Monthly

EMA Structure

Range
EMA 8$78.14Bearish
EMA 21$84.81Bearish
EMA 50$84.34Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.7 · MACD -2.676

Momentum is weak

Strength
Bearish
Volatility
ATR $8 · BB 42.88%

High volatility

Strength
Bearish
Volume
MFI 30.6 · OBV 21.63%

Relative to 20-period average volume

Strength
Range
Price Levels
$69.16 - $106.83

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+58.25% · 5.3 ATR above latest close

$114.83
Nearest resistance

+47.23% · 4.3 ATR above · 34-bar high

$106.83
Current price

Price shown is delayed

$72.56
Nearest support

-4.69% · 0.4 ATR below · 34-bar low

$69.16
Deeper support zone

-15.71% · 1.4 ATR below latest close

$61.16
ATR zone

Latest close ± ATR14

$64.56 - $80.56

Indicators

Trend

Dow Theory Structure

Confirmation $94.57, invalidation $84.25

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

31.2 / 8.0 / 26.4Bearish
Supertrend (10,3)

Price is above Supertrend

$49.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$84.93 / $84.66Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Volatility

ATR (14)

High volatility

$8 (11.02%)Bearish
Bollinger Bands (20,2)

Width 42.88%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$100.06 / $69.08Bearish
ATR channel lower / upper

Current Volatility Envelope

$64.56 / $80.56Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$106.83Range
Support

Nearest Downside Decision Level

$69.16Range

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is negative

-2.676Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.5 / 7.1Bullish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Weak expansion

-154.8Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.6Bearish
OBV slope

20-period OBV slope

21.63%Bullish
Volume ratio

Relative to 20-period average volume

0.32xBearish

Trend

Dow Theory Structure

Confirmation $94.57, invalidation $84.25

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

31.2 / 8.0 / 26.4Bearish
Supertrend (10,3)

Price is above Supertrend

$49.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$84.93 / $84.66Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is negative

-2.676Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.5 / 7.1Bullish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Weak expansion

-154.8Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

High volatility

$8 (11.02%)Bearish
Bollinger Bands (20,2)

Width 42.88%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$100.06 / $69.08Bearish
ATR channel lower / upper

Current Volatility Envelope

$64.56 / $80.56Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

30.6Bearish
OBV slope

20-period OBV slope

21.63%Bullish
Volume ratio

Relative to 20-period average volume

0.32xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$106.83Range
Support

Nearest Downside Decision Level

$69.16Range

Related Forecasts