OAKTREE CAP GROUP LLC (OAK) Technical Analysis
NYSE:OAK
Current stock price
OAK Technical Rating and Analysis
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.
- 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 is also trading in the upper part of its 52 week range, so OAK is performing more or less in line with the market.
- 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 short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- In the last month OAK has a been trading in a tight range between 51.10 and 53.89.
OAK Weekly and Daily overview Charts
OAK Setup Rating and Analysis
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
OAK Support and Resistance Analysis
38.97
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.
OAK Technical Indicator Signal Analysis
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. |
OAK Chart- and CandleStick Pattern Analysis
OAK Technicals: Chart, Performance Metrics, Trend & Indicators
51.52
-0.06 (-0.12%)
OAKTREE CAP GROUP LLC / OAK TA FAQ
What is the technical rating for OAK stock?
ChartMill assigns a technical rating of 5 / 10 to OAK.
What is the current trend direction of OAKTREE CAP GROUP LLC (OAK) stock?
The current trend direction for OAKTREE CAP GROUP LLC (OAK) is Bullish.
What is the RSI signal for OAK stock?
OAKTREE CAP GROUP LLC (OAK) has an RSI value of 41.2258. This indicates that the stock is currently neutral.
What is the MACD signal for OAKTREE CAP GROUP LLC (OAK) stock?
The MACD indicator for OAKTREE CAP GROUP LLC (OAK) has a value of -0.296666, indicating a bearish trend.
Can you provide the support and resistance levels for OAKTREE CAP GROUP LLC?
OAKTREE CAP GROUP LLC (OAK) has a support level at 51.46 and a resistance level at 51.67. Check the full technical report for our detailed analysis of OAK support and resistance levels.