OPTIBASE LTD (OBAS) Technical Analysis
NASDAQ:OBAS
Current stock price
12.59
+0.46 (+3.79%)
At close:
12.23
-0.36 (-2.86%)
After Hours:
OBAS Technical Rating and Analysis
Taking everything into account, OBAS scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, OBAS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: OBAS has an average volume of 5052 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- OBAS is part of the Real Estate Management & Development industry. There are 63 other stocks in this industry. OBAS outperforms 91% of them.
- When comparing the yearly performance of all stocks, we notice that OBAS is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- OBAS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OBAS is lagging the market slightly.
- In the last month OBAS has a been trading in the 11.29 - 13.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
OBAS Weekly and Daily overview Charts
OBAS Setup Rating and Analysis
Although OBAS has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
OBAS Support and Resistance Analysis
9.81
12.94
We found 5 important support areas.
- Support @12.53 from a horizontal line in the daily time frame.
- A support zone ranging from 11.91 to 12.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.55 to 11.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.32 from a trend line in the weekly time frame.
- A support zone ranging from 9.91 to 10.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 12.63 to 12.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
OBAS 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 OBAS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OBAS is up. |
| ChartMill Relative Strength | 87.03 | POSITIVE | OBAS has a high relative strength, it outperformed 87.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OBAS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OBAS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OBAS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.3 | NEUTRAL | The RSI value for OBAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OBAS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.22 | NEUTRAL | The Stochastics value for OBAS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for OBAS suggests some volalility. |
OBAS Chart- and CandleStick Pattern Analysis
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)
OBAS Technicals: Chart, Performance Metrics, Trend & Indicators
12.59
+0.46 (+3.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg3.79%
1 Week3.24%
2 Weeks2.19%
1 Month-0.55%
3 Month14.45%
6 Month17.33%
12 Month13.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%2.63%
ATR Inc92.94%
Range Today0.01
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
CRS87.03
3 months CRSN/A
6 months CRSN/A
Mansfield0.37
10 Day High12.59
10 Day Low12.11
20 Day High13.52
20 Day Low11.29
52 Week High14.64
52 Week Low9.1
CS1 End12.53
CR1 Start12.63
Volume & EV
DER(3)0%
DER(5)1.54%
Volume1.40K
Volume Incr-71.48%
Vol(5)740
Vol(50)5.05K
OPTIBASE LTD / OBAS TA FAQ
What is the technical rating for OBAS stock?
ChartMill assigns a technical rating of 7 / 10 to OBAS.
What is the current trend direction of OPTIBASE LTD (OBAS) stock?
The current trend direction for OPTIBASE LTD (OBAS) is Bullish.
Can you provide the RSI signal for OPTIBASE LTD?
OPTIBASE LTD (OBAS) has an RSI value of 59.2983. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OPTIBASE LTD?
The MACD indicator for OPTIBASE LTD (OBAS) has a value of -0.0030836, indicating a bearish trend.
What is the short term momentum for OPTIBASE LTD (OBAS) stock?
The short term momentum for OPTIBASE LTD (OBAS) is positive.