Otis Worldwide Corporation
Here’s whether Otis Worldwide Corporation (OTIS) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: RSI 40 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-2.05% over 10 days); weak 1-year return of -27.0%; 3-month momentum negative (-15.4%). Currently 30.2% off its 52-week high. Score: -5/7.
OTIS is trading below its 200-day MA ($85.09) — a key warning sign the longer-term trend is under pressure. An RSI of 40.3 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -27.0% compares to +22.9% for SPY (trailed the market by 49.9%). The current 30.2% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.