ONC technical analysis
ONC Technical Analysis
Analysis date
August 6, 2026
Market
NasdaqGS (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
ONC Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- ONC
- Market
- NasdaqGS
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 327.53 | August 5, 2026 | - | Verified |
| Verification series | 327.53 | August 5, 2026 | 0.00% | Verified |
Bottom line
ONC Technical Analysis Summary
ONC technical analysis at the August 5, 2026 cutoff shows a recovery advance with the stock trading above all major daily moving averages after rebounding about 29% from its 52-week low. The daily close of 327.53 sits above SMA20 (317.03), SMA50 (295.22), and SMA200 (314.06), with RSI14 at 63.10 supporting the move without overbought conditions. The daily MACD histogram turned slightly negative at -0.77, indicating momentum is pausing after the recent run. The weekly chart is constructive: the completed week of July 27 closed at 316.01 above weekly SMA20 (296.79), SMA50 (315.19), and SMA200 (232.17), with a strongly positive weekly MACD histogram at 4.01, though weekly RSI at 53.95 is only mildly bullish and the weekly series ends before the latest daily gains. Immediate resistance is at 333.01 (the 20- and 60-day high), followed by the 52-week high of 385.22. Support is at SMA20 (317.03), the 20-day low (295.39), and the 60-day low of 253.95, which coincides with the 52-week low. As an oncology company, ONC benefits from a constructive technical base, but the daily momentum pause and the wide weekly ranges warrant a watchful approach.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Constructive and improving. The daily close of 327.53 is above SMA20 (317.03, +3.31%), SMA50 (295.22, +10.94%), and SMA200 (314.06, +4.29%). SMA20 has moved above SMA200, a bullish alignment on the shorter timeframe, while SMA50 still lags below both after the earlier correction. The stock reclaimed the 200-day average during the recent advance, and price is holding in the upper portion of the 20-day range, just below the 20-day high at 333.01.
- Momentum
- Bullish but pausing. RSI14 at 63.10 is in bullish territory below the 70 overbought threshold, leaving room before the move is extended. The MACD line at 7.73 sits below its signal line at 8.50 with a negative histogram at -0.77, indicating that short-term upward momentum cooled slightly after the recent run even though price still holds above the daily averages.
- Volatility
- Moderate. ATR14 at 9.05 (2.76% of price) reflects typical recent daily ranges for a mid-cap oncology name. Bollinger Bands (298.87 to 335.19) are moderately wide, and the close sits in the upper half of the band, consistent with the recovery advance without an extreme extension beyond the upper band.
- Volume
- Above average. Latest volume of 476,500 is 123.9% of the 20-period average (384,655), showing increased participation on the latest session. The recent recovery has been accompanied by generally supportive volume rather than a low-volume drift higher.
Assessment
The daily chart shows a recovery advance with price above all major moving averages. ONC has rebounded about 29% from the 52-week low of 253.95, which also marks the 60-day low, and now trades near the 20-day high of 333.01. RSI at 63.10 supports the move, and volume is above average. The main caution is the slightly negative daily MACD histogram, which points to a pause in momentum after the strong run. A break above 333.01 would extend the rally toward the 52-week high of 385.22, while holding above SMA20 (317.03) keeps the daily structure intact.
Weekly (July 27, 2026 week)
- Trend
- Mixed but recovering. The completed week of July 27 closed at 316.01, above weekly SMA20 (296.79, +6.48%), SMA50 (315.19, +0.26%), and SMA200 (232.17, +36.11%). Price reclaimed SMA50 on a weekly closing basis during the recent advance. The weekly SMA200 remains far below price and rising, reflecting the longer-term uptrend, but SMA20 still sits below SMA50, so the weekly averages have not yet realigned into strict bullish order.
- Momentum
- Improving. Weekly RSI14 at 53.95 is above the neutral 50 level but only mildly bullish. The weekly MACD line at -0.99 is above its signal line at -5.01 with a positive and expanding histogram at 4.01, a bullish crossover that signals improving intermediate-term momentum even though the MACD line is still below zero.
- Volatility
- Elevated. Weekly ATR14 at 22.69 (7.18% of price) reflects wide weekly ranges, consistent with a growth-oriented oncology stock. Bollinger Bands (260.78 to 332.80) are wide, and the close sits in the upper half of the band after the recent recovery.
- Volume
- Near average. Weekly volume of 1,213,400 is 92.6% of the 20-week average (1,310,135), indicating normal participation during the recent advance with no unusual distribution.
Assessment
The weekly chart confirms the recovery but with a caveat. Price holds above all major weekly averages, and the weekly MACD histogram is strongly positive, the most constructive weekly momentum reading since the correction. However, the last completed week (July 27) closed down 3.03%, a pause after the rally, and the weekly series ends July 27, before the latest daily gains to 327.53. Weekly RSI at 53.95 is only mildly bullish. The next completed weekly bar will be important: a strong close above 316.01 would confirm the recovery, while a close back below weekly SMA20 (296.79) would put the improvement at risk.
Key indicators
ONC Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 63.10 | 53.95 |
| MACD (12, 26, 9) | 7.73 / 8.50 / -0.77 | -0.99 / -5.01 / 4.01 |
| ATR (14) | 9.05 (2.76%) | 22.69 (7.18%) |
| Bollinger Bands (20, 2) | 298.87 - 335.19 | 260.78 - 332.80 |
| SMA (20) | 317.03 | 296.79 |
| SMA (50) | 295.22 | 315.19 |
| SMA (200) | 314.06 | 232.17 |
Price structure
ONC Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 327.53 | 316.01 |
| 1-Period Return | +1.40% | -3.03% |
| 5-Period Return | +0.10% | +12.91% |
| 20-Period Return | +8.50% | +11.25% |
| 60-Period Return | +4.94% | +23.51% |
| 252-Period Return | +7.63% | -11.41% |
| 52-Week Low | 253.95 | 253.95 |
| 52-Week High | 385.22 | 385.22 |
| 52-Week Position | 56.05% | 47.28% |
Key levels
ONC Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 333.01 | 331.69 |
| 20-Period Low | 295.39 | 253.95 |
| 60-Period High | 333.01 | 385.22 |
| 60-Period Low | 253.95 | 239.25 |
Scenarios
ONC Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
A decisive break above 333.01 (the 20- and 60-day high) on expanding volume, extending the recovery toward the 52-week high at 385.22, potentially on pipeline or regulatory catalysts.
Invalidation
A daily close back below SMA20 (317.03) and a break of the 20-day low at 295.39.
What to watch
Daily RSI holding above 60; the daily MACD histogram turning positive again; weekly RSI pushing toward 60; volume expanding on up days; the next completed weekly bar closing above 316.01.
Range-Bound
Trigger
Price consolidates between SMA20 support (317.03) and resistance at 333.01, digesting the recent rally before the next directional move.
Invalidation
A decisive close above 333.01 or below 317.03 with conviction.
What to watch
RSI oscillating between 55 and 65; the daily MACD histogram hovering near zero; volume returning toward the 20-day average; an absence of catalyst-driven news.
Bearish
Trigger
Price fails at the 333.01 resistance and breaks below SMA20 (317.03) and the 20-day low at 295.39, opening the way toward the 60-day low at 253.95 on negative news.
Invalidation
Price reclaims and holds above SMA20 (317.03) and establishes a higher low above 295.39.
What to watch
Daily RSI falling below 50; the daily MACD histogram turning more negative; volume rising on down days; the weekly close holding above weekly SMA20 (296.79).
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
Related Tools
AI Chart Analyzer
Upload a TradingView chart screenshot and get instant AI-powered technical analysis. Identify patterns, support and resistance, and key levels.
Support and Resistance Calculator
Calculate key support and resistance levels for any stock. Identify potential price zones where reversals or breakouts may occur.
RSI Calculator
Calculate the Relative Strength Index for any stock. Determine overbought and oversold conditions with customizable periods.