Stock Analysis: Otis Worldwide Corp (OTIS)

Stock Analysis for Otis Worldwide Corp (OTIS)

The Interpreter
Hey Friend, I'm analysing OTIS WORLDWIDE CORP (OTIS), and it is between the Support of $ 95.83 (100% of Fibonacci) and the Resistance of $ 96.72 (PivotS1). The stock is falling and may come close and reach $ 95.83 soon.

Otis Worldwide Corp (OTIS)

$ 96.05 -0.1%

Last Close 15-Apr-24

Trade OTIS Now

Supports

Next Support: $ 95.83

Pivot S2: $ 95.68
Fibonacci 100%: $ 95.83

Resistances

Next Resistance: $ 96.72

Pivot S1: $ 96.72
Fibonacci 138.2%: $ 99.80

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 22 Mar 2024	Sell Price: 99.34	Profit: Close Day1 ($ 99.04)	Engulfing	Sell
002 26 Jan 2024	Sell Price: 88.63	Profit: Open Day1 ($ 88.32)	Engulfing	Sell
003 10 Jan 2024	Buy Price: 87.00	Loss: Close Day2 ($ 86.21)	Piercing Line	Buy
004 26 Oct 2023	Buy Price: 75.52	Profit: Close Day1 ($ 76.14)	Abandoned Baby	Buy
005 12 Oct 2023	Sell Price: 80.41	Profit: Close Day1 ($ 80.00)	Engulfing	Sell
006 12 Oct 2023	Sell Price: 80.44	Profit: Close Day1 ($ 80.00)	Dark Cloud Cover	Sell
007 03 Aug 2023	Buy Price: 89.62	Profit: Open Day1 ($ 89.90)	Engulfing	Buy
008 07 Jul 2023	Buy Price: 86.86	Profit: Open Day1 ($ 86.97)	Piercing Line	Buy
009 28 Jun 2023	Sell Price: 87.51	Profit: Open Day1 ($ 87.05)	Dark Cloud Cover	Sell
010 20 Jun 2023	Sell Price: 87.08	Profit: Open Day1 ($ 86.73)	Abandoned Baby	Sell
011 30 May 2023	Sell Price: 81.23	Profit: Open Day1 ($ 80.90)	Engulfing	Sell
012 22 May 2023	Sell Price: 84.08	Profit: Open Day1 ($ 83.29)	Abandoned Baby	Sell
013One Year Average	Both Sides Result for 12 Signals	Profit: $ 3.60 ($ 0.30 / Signal) +4.2% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for OTIS Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	96.11	SELL	2	96.28	SELL
3	96.73	SELL	3	96.55	SELL
5	97.32	SELL	5	96.94	SELL
8	97.45	SELL	8	97.30	SELL
13	97.94	SELL	13	97.59	SELL
21	98.34	SELL	21	97.51	SELL
34	97.51	SELL	34	96.75	SELL
55	95.03	BUY	55	95.19	BUY
90	92.33	BUY	90	92.94	BUY
200	87.58	BUY	200	88.90	BUY

Company Info +

Name & IPO

Otis Worldwide Corp
IPO: 2020-03-18

Stock Ticker & Exchange

Ticker: OTISIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.otis.com/
Phone:

Stock Type

Common Stock

SIC Office

Manufacturing ()

Industry

Electronic & Other Electrical Equipment (no Computer Equip)

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.