LIVE OAK BANCSHARES INC (LOB) Stock Technical Analysis
USA - NYSE:LOB - US53803X1054 - Common Stock
37.12 USD
-0.13 (-0.35%)
37.12 USD
0 (0%)
Overall LOB gets a technical rating of 8 out of 10. Although LOB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
LOB is part of the Banks industry. There are 392 other stocks in this industry, of which 67% are performing better than LOB.
The long and short term trends are both positive. This is looking good!
LOB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, LOB outperforms 48% of them, which is more or less in line with the market.
LOB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LOB is lagging the market.
LOB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 36.92, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
30.73
39.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.27 to 36.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.43 from a trend line in the daily time frame.
- Support @31.04 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 37.50 to 38.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for LOB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LOB is up. |
| ChartMill Relative Strength | 48.42 | NEUTRAL | LOB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LOB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LOB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LOB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.36 | NEUTRAL | The RSI value for LOB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests LOB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.8 | NEUTRAL | The Stochastics value for LOB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for LOB suggests some volalility. |
| Average Directional Index/ADX (14) | 29.22 | POSITIVE | The high ADX value value for LOB suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 38.74 | 36.26 | 2.48 (6.40%) | 15.62% |
| An entry @38.74. This is a Buy Stop order right above the resistance zone. | An exit @36.26. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.48 points, which is 6.40%. | When investing 15.62% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
37.12
-0.13 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.35%
1 Week1.62%
2 Weeks-3.23%
1 Month5.97%
3 Month33.24%
6 Month35.77%
12 Month-24.07%
2 Year28.22%
3 Year21.31%
5 Year46.55%
10 Year89%
15 YearN/A
Volatility
ATR(14)1.02
ATR(20)%2.84%
ATR Inc10.08%
Range Today0.85
ADR(20)1.03
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.42
Mansfield-0.51
10 Day High38.58
10 Day Low35.63
20 Day High39.16
20 Day Low35.03
52 Week High50.3
52 Week Low22.68
CS1 End36.92
CR1 Start37.5
Volume & EV
DER(3)0.72%
DER(5)0.62%
Volume727.90K
Volume Incr59.43%
Vol(5)471.88K
Vol(50)290.27K