BLUE OWL CAPITAL CORP (OBDC) Stock Technical Analysis
NYSE:OBDC - New York Stock Exchange, Inc. - US69121K1043 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to OBDC. Recently some decent action could be observed, but in the medium term time frame this is still negative. OBDC was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, OBDC is a bad performer in the overall market: 72% of all stocks are doing better.
OBDC is part of the Capital Markets industry. There are 232 other stocks in this industry, of which 61% are performing better than OBDC.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month OBDC has a been trading in the 13.54 - 14.75 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
OBDC has an average volume of 3440500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OBDC 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 OBDC is lagging the market slightly.
OBDC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 14.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.51, a Stop Loss order could be placed below this zone.
More info and screens
12.90
15.81
We found 3 important support areas.
- A support zone ranging from 14.43 to 14.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.27 from a horizontal line in the weekly time frame.
- Support @13.03 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.63 to 14.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 14.96 to 15.65. 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 | NEUTRAL | NEUTRAL | The long term trend for OBDC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OBDC is up. |
| ChartMill Relative Strength | 28.31 | NEGATIVE | OBDC has a low relative strength, it was outperformed by 71.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OBDC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OBDC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of OBDC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.25 | NEUTRAL | The RSI value for OBDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OBDC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.5 | NEUTRAL | The Stochastics value for OBDC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for OBDC suggests low volalility. |
| Average Directional Index/ADX (14) | 12.24 | NEGATIVE | The low ADX value for OBDC suggests a weak or negative 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)
14.57
+0.06 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.41%
1 Week-0.14%
2 Weeks-0.55%
1 Month6.2%
3 Month-2.8%
6 Month-4.96%
12 Month-10.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.78%
ATR Inc-38.07%
Range Today0.13
ADR(20)0.23
ADR(20)%1.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.31
Mansfield-0.63
10 Day High14.72
10 Day Low14.04
20 Day High14.75
20 Day Low13.55
52 Week High16.35
52 Week Low12.11
CS1 End14.51
CR1 Start14.63
Volume & EV
DER(3)-1.41%
DER(5)-0.79%
Volume1.71M
Volume Incr-11.22%
Vol(5)2.27M
Vol(50)3.44M