LIVE OAK BANCSHARES INC (LOB) Stock Technical Analysis
NYSE:LOB - US53803X1054 - Common Stock
36.72 USD
-1.19 (-3.14%)
36.72 USD
0 (0%)
We assign a technical rating of 8 out of 10 to LOB. 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 391 other stocks in this industry, of which 65% 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.
When compared to the yearly performance of all other stocks, LOB outperforms 53% 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.
Although LOB has an excellent technical rating, the quality of the presented setup is 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
30.73
39.12
3 important support areas can be observed.
- A support zone ranging from 36.62 to 36.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.71 from a trend line in the daily time frame.
- Support @31.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 38.09 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 | 53.93 | 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 | MIXED | The current price of LOB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.51 | NEUTRAL | The RSI value for LOB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests LOB has a negative trend. |
| Stochastics (14,3) | 67.13 | NEUTRAL | The Stochastics value for LOB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for LOB suggests some volalility. |
| Average Directional Index/ADX (14) | 38.42 | 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 |
|---|---|---|---|
| 38.10 | 36.61 | 1.48 (3.90%) | 25.00% |
| An entry @38.09. This is a Buy Stop order right above the 10 day moving average. | An exit @36.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.48 points, which is 3.90%. | For a 0.97% 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.
36.72
-1.19 (-3.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-3.14%
1 Week-2.29%
2 Weeks-2.6%
1 Month15.36%
3 Month31.85%
6 Month28.3%
12 Month-19.12%
2 Year26.84%
3 Year20%
5 Year44.97%
10 Year86.97%
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%3.02%
ATR Inc-5.15%
Range Today1.37
ADR(20)1.03
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.93
Mansfield-0.52
10 Day High39.16
10 Day Low36.57
20 Day High39.16
20 Day Low32.15
52 Week High50.57
52 Week Low22.68
CS1 End36.71
CR1 Start38.09
Volume & EV
DER(3)-0.33%
DER(5)1.49%
Volume312.49K
Volume Incr-14.62%
Vol(5)242.70K
Vol(50)265.27K