OTIS

Otis WorldwideIndustrials

$71.31+0.06%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$71.31

MARAPRMAY

Double Bottom Detected

Will the Double Bottom hold or fail? Plot your targets on the chart.

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Quick Actions

Trade Plan: Double Bottom

Risk/Reward

1:2

Entry

$82.14

Stop

$75.93

Target

$94.56

Chart Pattern

Double Bottom

Reversal pattern after a downtrend.

Falling Wedge

Reversal pattern. Price likely to break upwards.

Market Analysis

OTIS is showing interesting structural developments at $71.31. Currently at $71.31, the asset is showing upward momentum (0.06%). Price action has carved out a classic Double Bottom. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $82.14, targeting $94.56 with support near $75.93 (R:R 2.0).

Community Sentiment

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