Otis Worldwide Corporation technical analysis
Technical analysis of Otis Worldwide Corporation (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Otis Worldwide Corporation
Otis Worldwide Corporation is an industrial company engaged in the design, manufacturing, installation, and servicing of elevators, escalators, and moving walkways worldwide. The company operates through two main segments: New Equipment, which produces passenger and freight elevators for residential and commercial buildings and infrastructure projects, and Service, which provides maintenance, repair, and modernization services. Founded in 1853 and headquartered in Farmington, Connecticut.
Description generated automatically from public sources; it may be inaccurate or out of date.
Otis Worldwide Corporation: latest session data
Closing values for October 20, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
67.26 $
+7.27%
50 sessions
69.25 $
+4.19%
200 sessions
76.25 $
−5.38%
Session levels
s2
70.26
Support
s1
70.65
Support
pivot
71.14
Pivot
r1
71.53
Resistance
r2
72.02
Resistance
How to read it
In the October 20, 2026 session Otis Worldwide Corporation closed higher at 72.15 $, +1.56% versus the previous session.
The price sits mixed against its moving averages: +7.27% against the 21-session average, +4.19% against the 50 and −5.38% against the 200.
The 14-period RSI reads 66.9, in neutral territory.
MACD stands at 0.588 against a signal line at -0.286: the histogram is positive (+0.873).
ADX reads 24.0, indicating weak directionality.
Levels computed on the latest session place supports at 70.65 and 70.26 $ and resistances at 71.53 and 72.02 $, around a pivot of 71.14.
The average daily range (ATR) is 1.378 $, or 1.91% of price.
Turnover was 1.8M shares, 40% of the 20-session average.
Over the last twelve months the price ranged between 63.58 and 77.78 $, and today stands −7.23% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Otis Worldwide Corporation
How is Otis Worldwide Corporation analysed technically?
Technical analysis of Otis Worldwide Corporation is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Otis Worldwide Corporation?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Otis Worldwide Corporation?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Otis Worldwide Corporation it helps frame the technical structure of the historical chart and is not a forecast.
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