TSX:OBE - CA6744822033 - Common Stock
We assign a technical rating of 7 out of 10 to OBE. Although OBE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although OBE has an excellent technical rating, it does not present a decent entry opportunity 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.
7.31
When analyzing the support we can see 2 important areas.
2 important resistance areas can be observed.
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 OBE.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OBE.CA is up. |
ChartMill Relative Strength | 53.75 | NEUTRAL | OBE.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OBE.CA is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OBE.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OBE.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 60.6 | NEUTRAL | The RSI value for OBE.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests OBE.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 90.06 | OVERBOUGHT | The high Stochastics value suggests OBE.CA may be overbought. |
Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for OBE.CA suggests some volalility. |
Average Directional Index/ADX (14) | 19.05 | NEGATIVE | The low ADX value for OBE.CA suggests a weak or negative trend. |
TSX:OBE (8/29/2025, 7:00:00 PM)
8.47
-0.16 (-1.85%)