LIVE OAK BANCSHARES INC (LOB) Stock Technical Analysis
NYSE:LOB • US53803X1054
Taking everything into account, LOB scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LOB is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- LOB is part of the Banks industry. There are 381 other stocks in this industry. LOB outperforms 82% of them.
- LOB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LOB is lagging the market slightly.
- 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.
- When comparing the yearly performance of all stocks, we notice that LOB is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this relatively good performance is mostly due to a recent big move.
LOB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 40.72, a Stop Loss order could be placed below this zone.
More info and screens
30.32
We found 3 important support areas.
- A support zone ranging from 40.16 to 40.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.62 from a trend line in the weekly time frame.
- Support @30.63 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @40.89 from a horizontal line in the weekly time frame.
- Resistance @41.76 from a horizontal line in the daily time frame.
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 | 84.65 | POSITIVE | LOB has a high relative strength, it outperformed 84.65% 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) | UP | POSITIVE | The current price of LOB is above the rising 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) | 58.23 | NEUTRAL | The RSI value for LOB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests LOB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.76 | NEUTRAL | The Stochastics value for LOB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for LOB suggests some volalility. |
| Average Directional Index/ADX (14) | 31.53 | 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 |
|---|---|---|---|
| 40.90 | 40.15 | 0.75 (1.83%) | 25.00% |
| An entry @40.90. This is a Buy Stop order right above the resistance zone. | An exit @40.15. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.75 points, which is 1.83%. | For a 0.46% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
40.88
+0.7 (+1.74%)
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 9 / 10 to LOB.
Can you provide the trend direction for LIVE OAK BANCSHARES INC?
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 58.2335. This indicates that the stock is currently neutral.
What is the buy/sell signal for LOB stock?
The buy/sell signal for LIVE OAK BANCSHARES INC (LOB) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for LIVE OAK BANCSHARES INC (LOB) stock?
LIVE OAK BANCSHARES INC (LOB) has a support level at 40.72 and a resistance level at 40.89. Check the full technical report for our detailed analysis of LOB support and resistance levels.