ONDS Rallies 11.75% As Technical Setup Nears SMA 50 Test

Ondas Holdings Inc. (ONDS) surged 11.75% on August 4, 2026, appearing on both the Yahoo Finance day gainers and most actives screeners according to Yahoo Finance market movers. The stock closed at $8.37, advancing from a recent three-month low of $6.53 and now testing a key moving average that will determine whether the recovery has room to run.

Why This Setup Matters Now

ONDS entered the technical-analysis queue after appearing on two Yahoo Finance predefined screeners with above-average volume and a double-digit intraday gain. The stock is up 6.5% over the past week and 9.3% over the past two weeks, recovering from a sharp pullback that followed insider selling at $13.43 in June. With Q2 earnings scheduled for August 13, the chart is approaching a decision point at the 50-day SMA.

Metric	Value
Symbol	ONDS
Last Price	$8.37
Day Change	+11.75%
Volume	55.6M
Screener Source	Yahoo Finance

Quick Read

The primary technical question is whether ONDS can reclaim the 50-day SMA and sustain the recovery, or if the rally will stall near this resistance zone.

Question	Signal
Trend direction	Short-term up, intermediate mixed
Price vs SMA 20	Above ($7.44)
Price vs SMA 50	Below ($8.81)
Volume vs 20d avg	Below (52% of average)
Key test ahead	SMA 50 at $8.81

Technical Bias

The scorecard shows a mixed but improving setup. The stock has momentum from the day-gainer move but faces overhead supply near recent levels.

Indicator	Reading	Bias
SMA 20 slope	Rising	Bullish
SMA 50 slope	Flat to declining	Bearish
Price vs SMA 20	Above by 12.5%	Bullish
Price vs SMA 50	Below by 5.0%	Bearish
1-week momentum	+6.5%	Bullish
Volume trend	Declining vs avg	Caution
Source: Yahoo Finance chart data

Key Levels To Watch

The following levels are derived from recent price action and moving averages. The SMA 50 at $8.81 is the most immediate upside barrier, while the SMA 20 at $7.44 represents the first support zone.

Level	Price	Type
Resistance R2	$10.00	Round-number zone
Resistance R1	$8.81	SMA 50 (derived zone)
Pivot	$8.37	Current price
Support S1	$7.44	SMA 20 (derived zone)
Support S2	$6.53	3-month low
Support S3	$6.00	Round-number zone

Scenario Map

Scenario	Trigger	Target
Bullish breakout	Price clears $8.81 on volume	$10.00 - $11.00
Extended recovery	SMA 50 flip to support	$13.00+
Consolidation	Range-bound between SMAs	$7.44 - $8.81
Bearish rejection	Price fails at SMA 50	$7.44 then $6.53
Breakdown	Loss of $6.53 swing low	$5.50 - $6.00

Momentum And Volume Check

The daily chart shows a V-shaped recovery from the July low of $6.53. The stock rallied through the SMA 20 on July 31 and has held above it for three consecutive sessions. However, volume on the most recent up day (55.6M) was below the 20-day average of 106.8M, suggesting the breakout lacks full conviction. Volume data sourced from Yahoo Finance.

Indicator	Value	Signal
20-day avg volume	106.8M	Baseline
Latest volume	55.6M	Below average
Price vs SMA 20	+12.5%	Extended
RSI estimate	Above 60	Bullish momentum
Source: Yahoo Finance

What Would Change The View

Factor	Bullish Trigger	Bearish Trigger
SMA 50 test	Break above with volume spike	Rejection and close below
Volume	Sustained increase above 80M avg	Continued decline in activity
Earnings (Aug 13)	Beat with raised guidance	Miss or unchanged outlook
Support levels	Hold above $7.44	Loss of $6.53 swing low
Insider activity	No further selling	Additional insider sales

Bottom Line

Bottom line: ONDS remains cautiously bullish as long as it holds above the SMA 20 at $7.44. A move above $8.81 (SMA 50) would strengthen the setup and open the path toward $10.00, while a break below $6.53 would weaken the chart significantly.

Summary

• ONDS surged 11.75% on August 4, appearing on the Yahoo Finance day gainers and most actives screeners.
• Price is above the SMA 20 ($7.44) but below the SMA 50 ($8.81), creating a mixed intermediate bias.
• Volume on the rally was below the 20-day average, indicating cautious participation.
• The SMA 50 at $8.81 is the critical resistance to watch in the coming sessions.
• Q2 earnings on August 13 could act as a catalyst to resolve the current technical tension.
• A clean break above $8.81 targets $10.00, while a loss of $6.53 would signal trend failure.

Disclaimer

This article is for informational purposes only and does not constitute financial advice. Technical indicators can help frame risk and momentum, but they do not guarantee future price movement.