ONDS Surges +12.9%, Eyes $11.70
$Ondas Holdings Inc.(ONDS)$
ONDS Jumps +12.91%: Heavy Volume Breakout, Eyes $11.70 52-Week High
Latest Close Data
Closed at $11.02 on 2026-01-05, up +12.91% (+$1.26). Now just 5.8% below its 52-week high of $11.70.
Core Market Drivers
The surge came on massive volume of 136M shares (Volume Ratio: 2.14) and a 36.36% turnover rate, indicating intense institutional and retail interest.
Recent 5-day capital flow data shows mixed signals but strong single-day net inflow.
Technical Analysis
Volume confirms the breakout strength.
MACD (0.5088, 0.3588, 0.3001) shows a bullish crossover and expanding histogram.
RSI(6) at 79.01 is in overbought territory, suggesting near-term consolidation may be needed, but momentum is strong.
Key Price Levels
Primary Support: $10.96 (Previous resistance turned support).
Strong Resistance: $11.70 (52-week high).
Immediate Pivot: $11.06 (Today's high & recent resistance). A close above this is key for further upside.
Valuation Perspective
The stock trades at a P/S of 166.53 and a negative P/E (TTM: -27.23), reflecting its growth-stage status in the tech/communications sector rather than current profitability.
Analyst Targets
8 analysts cover ONDS with an average price target of $11.5 (range $10.0-$13.0). Sentiment is bullish with 3 Strong Buy and 5 Buy recommendations.
Weekly Outlook
Expect volatility and testing of the $11.06-$11.70 resistance zone. A sustained break above $11.70 could target $13.0. Failure to hold $10.96 may see a pullback toward $10.0 support.
Risk Disclaimer
This analysis is for informational purposes only and not financial advice. Investing involves risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research.
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
