LIVE OAK BANCSHARES INC (LOB) Stock Technical Analysis
NYSE:LOB - New York Stock Exchange, Inc. - US53803X1054 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to LOB. In the past year, LOB was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
LOB is one of the lesser performing stocks in the Banks industry. 69% of 394 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month LOB has a been trading in the 27.35 - 32.67 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, LOB turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
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 average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
27.25
32.89
We found 2 important support areas.
- A support zone ranging from 28.59 to 29.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.53 to 27.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 32.36 to 32.56. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for LOB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LOB is up. |
| ChartMill Relative Strength | 63.72 | NEUTRAL | LOB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LOB is above 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 | NEGATIVE | The current price of LOB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.01 | NEUTRAL | The RSI value for LOB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests LOB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.73 | OVERBOUGHT | The high Stochastics value suggests LOB may be overbought. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for LOB suggests some volalility. |
| Average Directional Index/ADX (14) | 26.71 | 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 |
|---|---|---|---|
| 32.57 | 29.59 | 2.98 (9.15%) | 10.93% |
| An entry @32.57. This is a Buy Stop order right above the resistance zone. | An exit @29.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.98 points, which is 9.15%. | When investing 10.93% 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.
32.35
-0.2 (-0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.61%
1 Week0.25%
2 Weeks8.41%
1 Month10.86%
3 Month37.78%
6 Month-11.97%
12 Month-13.15%
2 Year-14.58%
3 Year-14.05%
5 Year90.18%
10 Year60.47%
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%2.58%
ATR Inc-31.61%
Range Today0.48
ADR(20)0.77
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.72
Mansfield-1.83
10 Day High32.67
10 Day Low29.6
20 Day High32.67
20 Day Low27.35
52 Week High50.57
52 Week Low22.68
CS1 End29.42
CR1 Start32.36
Volume & EV
DER(3)3.42%
DER(5)0.5%
Volume147.90K
Volume Incr8.33%
Vol(5)260.36K
Vol(50)246.36K