Taking everything into account, OBE scores 3 out of 10 in our technical rating. OBE performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
OBE has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
5.42
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.24 to 6.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.93 to 6.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.60 to 5.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.47 to 5.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @6.74 from a horizontal line in the weekly time frame.
- Resistance @6.88 from a horizontal line in the daily time frame.
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 OBE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OBE is neutral. |
| ChartMill Relative Strength | 37.53 | NEUTRAL | OBE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OBE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OBE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OBE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.75 | NEUTRAL | The RSI value for OBE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests OBE has a positive trend. |
| Stochastics (14,3) | 58.9 | NEUTRAL | The Stochastics value for OBE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for OBE suggests some volalility. |
| Average Directional Index/ADX (14) | 12.28 | NEGATIVE | The low ADX value for OBE suggests a weak or negative trend. |
NYSEARCA:OBE (1/12/2026, 12:06:27 PM)
6.34
+0.18 (+2.92%)
OBSIDIAN ENERGY LTD / OBE FAQ
Can you provide the ChartMill technical rating for OBSIDIAN ENERGY LTD?
ChartMill assigns a technical rating of 3 / 10 to OBE.
What is the trend direction for OBE stock?
The current trend direction for OBSIDIAN ENERGY LTD (OBE) is Bearish.
Can you provide the RSI signal for OBSIDIAN ENERGY LTD?
OBSIDIAN ENERGY LTD (OBE) has an RSI value of 54.7524. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OBSIDIAN ENERGY LTD?
The MACD indicator for OBSIDIAN ENERGY LTD (OBE) has a value of 0.0196357, indicating a bearish trend.