LIVE OAK BANCSHARES INC (LOB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LOB - US53803X1054 - Common Stock
We assign a technical rating of 6 out of 10 to LOB. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, LOB is a bad performer.
LOB has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
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30.02
3 important support areas can be observed.
- A support zone ranging from 35.86 to 35.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @31.82 from a trend line in the weekly time frame.
- A support zone ranging from 30.32 to 30.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @36.53 from a trend line in the daily time frame.
- Resistance @37.25 from a horizontal line in the daily time frame.
- A resistance zone ranging from 38.70 to 38.73. 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 | 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 | 28.61 | NEGATIVE | LOB has a low relative strength, it was outperformed by 71.39% off all stocks 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) | DOWN | MIXED | The current price of LOB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LOB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.48 | NEUTRAL | The RSI value for LOB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests LOB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.78 | OVERBOUGHT | The high Stochastics value suggests LOB may be overbought. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for LOB suggests some volalility. |
| Average Directional Index/ADX (14) | 36.12 | POSITIVE | The high ADX value value for LOB suggests a strong trend. |
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 |
|---|---|---|---|
| 36.54 | 35.85 | 0.69 (1.89%) | 25.00% |
| An entry @36.54. This is a Buy Stop order right above the resistance zone. | An exit @35.85. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.69 points, which is 1.89%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.47%. |
- The distance between exit and entry is rather small compared to the average daily movement of LOB. Please evaluate whether better entry and exit points can be found.
- 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.
35.91
-0.09 (-0.25%)
LIVE OAK BANCSHARES INC / LOB FAQ
What is the ChartMill technical rating of LIVE OAK BANCSHARES INC (LOB) stock?
ChartMill assigns a technical rating of 6 / 10 to LOB.
What is the trend direction for LOB stock?
The current trend direction for LIVE OAK BANCSHARES INC (LOB) is Bullish.
Can you provide the RSI signal for LIVE OAK BANCSHARES INC?
LIVE OAK BANCSHARES INC (LOB) has an RSI value of 65.4796. This indicates that the stock is currently neutral.
What is the MACD signal for LOB stock?
The MACD indicator for LIVE OAK BANCSHARES INC (LOB) has a value of 0.185457, indicating a bearish trend.
What is the support and resistance level for LOB stock?
LIVE OAK BANCSHARES INC (LOB) has a support level at 35.9 and a resistance level at 36.53. Check the full technical report for our detailed analysis of LOB support and resistance levels.