OAKTREE CAP GROUP LLC (OAK) Stock Technical Analysis
USA - NYSE:OAK -
Overall OAK gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
OAK has an average technical rating and it also does not offer a high quality setup 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.
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38.97
We found 4 important support areas.
- A support zone ranging from 51.27 to 51.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 49.56 to 50.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 48.30 to 48.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.36 to 39.83. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 51.67 to 52.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 53.61 to 53.73. 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 OAK is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OAK is down. |
| ChartMill Relative Strength | 89.54 | POSITIVE | OAK has a high relative strength, it outperformed 89.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OAK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OAK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OAK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.23 | NEUTRAL | The RSI value for OAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests OAK has a negative trend. |
| Stochastics (14,3) | 13.74 | OVERSOLD | The low Stochastics value suggests OAK may be oversold. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for OAK suggests low volalility. |
51.52
-0.06 (-0.12%)
OAKTREE CAP GROUP LLC / OAK FAQ
What is the technical rating for OAK stock?
ChartMill assigns a technical rating of 5 / 10 to OAK.
What is the trend direction for OAK stock?
The current trend direction for OAKTREE CAP GROUP LLC (OAK) is Bullish.
What is the RSI signal for OAKTREE CAP GROUP LLC (OAK) stock?
OAKTREE CAP GROUP LLC (OAK) has an RSI value of 41.2258. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OAKTREE CAP GROUP LLC?
The MACD indicator for OAKTREE CAP GROUP LLC (OAK) has a value of -0.296666, indicating a bearish trend.
What is the buy/sell signal for OAK stock?
The buy/sell signal for OAKTREE CAP GROUP LLC (OAK) is hold as the short term and long term trends are mixed.