ONEASCENT LARGE CAP CORE (OALC) Stock Technical Analysis
NYSEARCA:OALC - NYSE Arca - US90470L5277 - ETF - Currency: USD
We assign a technical rating of 9 out of 10 to OALC. OALC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: OALC has an average volume of 20474 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that OALC is one of the better performing stocks in the market, outperforming 74% of all stocks. On top of that, OALC also shows a nice and consistent pattern of rising prices.
OALC 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 OALC is performing more or less in line with the market.
OALC 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.
Besides having an excellent technical rating, OALC also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 30.29, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
25.48
31.56
We found 4 important support areas.
- A support zone ranging from 29.27 to 30.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.66 from a trend line in the weekly time frame.
- Support @26.24 from a horizontal line in the weekly time frame.
- Support @25.74 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.39 to 31.25. 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 OALC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OALC is up. |
| ChartMill Relative Strength | 74.09 | POSITIVE | OALC has a high relative strength, it outperformed 74.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OALC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OALC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OALC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.89 | NEUTRAL | The RSI value for OALC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests OALC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.98 | NEUTRAL | The Stochastics value for OALC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for OALC suggests low volalility. |
| Average Directional Index/ADX (14) | 20.57 | NEUTRAL | The ADX value for OALC suggests a possible start of a new 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 |
|---|---|---|---|
| 30.40 | 29.16 | 1.24 (4.07%) | 24.56% |
| An entry @30.40. This is a Buy Stop order right above the 10 day moving average. | An exit @29.16. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.24 points, which is 4.07%. | When investing 24.56% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
NYSEARCA:OALC (5/22/2025, 8:04:02 PM)
30.3
+0.01 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.02%
1 Week-0.98%
2 Weeks3.36%
1 Month7.33%
3 Month-0.46%
6 Month-0.77%
12 Month11.16%
2 Year41.27%
3 Year41.03%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%1.22%
ATR Inc12.42%
Range Today0.18
ADR(20)0.28
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.09
Mansfield0.16
10 Day High30.9
10 Day Low29.17
20 Day High30.9
20 Day Low27.84
52 Week High31.27
52 Week Low25.05
CS1 End30.29
CR1 Start30.39
Volume & EV
DER(3)-3.91%
DER(5)-0.87%
Volume26.40K
Volume Incr-22.47%
Vol(5)13.94K
Vol(50)20.47K