OAKTREE CAP GROUP LLC (OAK) Stock Technical Analysis
NYSE:OAK - New York Stock Exchange, Inc. -
Taking everything into account, OAK scores 6 out of 10 in our technical rating. 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.
Looking at the yearly performance, OAK did better than 89% of all other stocks.
OAK 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 OAK is lagging the market slightly.
OAK has an average volume of 1012460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month OAK has a been trading in a tight range between 51.10 and 53.89.
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.
More info and screens
38.97
54.27
4 important support areas can be observed.
- 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.
2 important resistance areas can be observed.
- 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. |
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)
51.52
-0.06 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.12%
1 Week-3.88%
2 Weeks-3.57%
1 Month-1.19%
3 Month4%
6 Month3.77%
12 Month24.44%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%1.09%
ATR Inc-31.4%
Range Today0.31
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.54
Mansfield0.57
10 Day High53.89
10 Day Low51.1
20 Day High53.89
20 Day Low51.1
52 Week High53.89
52 Week Low38.7
CS1 End51.46
CR1 Start51.67
Volume & EV
DER(3)2.27%
DER(5)1.97%
Volume548.70K
Volume Incr-41.85%
Vol(5)843.47K
Vol(50)1.01M