Logo image of OBAS

OPTIBASE LTD (OBAS) Stock Technical Analysis

NASDAQ:OBAS - Nasdaq - Common Stock

12.59  +0.46 (+3.79%)

After market: 12.23 -0.36 (-2.86%)

Technical Rating and Analysis

8

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.
The long and short term trends are both positive. This is looking good!
OBAS is part of the Real Estate Management & Development industry. There are 66 other stocks in this industry. OBAS outperforms 81% 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 relatively good performance is mostly due to a recent big 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.
Weekly and Daily overview Charts
OPTIBASE LTD / OBAS Weekly stock chart
OPTIBASE LTD / OBAS Daily stock chart
Setup Rating and Analysis

2

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.

Support and Resistance Analysis

9.81

12.94

When analyzing the support we can see 5 important 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.

When analyzing the resistance we notice one important 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.03
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
Performance
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
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)59.3
LBB12.06
UBB12.5
OPTIBASE LTD / OBAS Daily stock chart

OPTIBASE LTD

NASDAQ:OBAS (3/22/2022, 8:23:17 PM)

After market: 12.23 -0.36 (-2.86%)

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
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