Meyka Pro banner
Otis Worldwide Corporation

OTIS Technical Analysis Summary (NYSE)

Analyze OTIS on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

OTISNYSE
IndustrialsIndustrial - Machinery
$71.83
$0.12(0.17%)
U.S. Market is Open · 14:53

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

OTIS Technical Analysis Summary (NYSE)

Otis Worldwide Corporation (NYSE: OTIS) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.16)
Trend Strength:Weak (ADX: 12.85)
Volatility:Medium (ATR: 1.61)
Support/Resistance:$70.58 – $74.69 (Bollinger Bands)

Technical conditions suggest Otis Worldwide Corporation on the NYSE is awaiting a decisive move. This mix signals that Otis Worldwide Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.16

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 23.61

Bearish
Momentum remains weak below midpoint.

Williams %R: -66.59

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.19

Neutral
Price change is minimal.

Takeaway:Otis Worldwide Corporation shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.22

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 12.85

Weak
Weak trend, market trading sideways.

ATR (14): 1.61

Low
Low volatility, stable price action.

CCI (14): -82.64

Bearish
Bearish, momentum remains under pressure.

Takeaway:Otis Worldwide Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$74.69
Middle Band (SMA 20)
$72.63
Lower Band
$70.58
Current Position
Within Bands

Takeaway:Otis Worldwide Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$75.60
Middle Line (EMA 20)
$72.37
Lower Channel
$69.15
Squeeze Status
Squeeze On

Takeaway:Otis Worldwide Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-12.13M
Money Flow Index57.44Neutral, balanced money flows with no clear signal.
Relative Vigor Index41.66Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:OTIS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Otis Worldwide Corporation (NYSE: OTIS), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Otis Worldwide Corporation are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: OTIS) Technical Analysis FAQ