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Is ONCY likely to continue lower? 50 Day Moving Average Resistance shows up after declining 1.7%

Oncolytics Biotech Inc. (ONCY) — Daily Technical Analysis & Swing Trading Signals · Jul 20, 2026, 17:39 ET
ONCY closed down 1.7% on Monday, July 20th, with volume running 2.1× above average. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Bollinger Band Squeeze and Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 0.79, 0.75 & 0.7, with resistance at 0.89, 0.94 & 0.99.

Current SwingTradeBot Technical Rating of ONCY: F

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Oncolytics Biotech Inc. (ONCY)