OBSIDIAN ENERGY LTD (OBE) Technical Analysis
NYSEARCA:OBE • CA6744822033
Current stock price
OBE Technical Rating and Analysis
Taking everything into account, OBE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OBE is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, OBE did better than 93% of all other stocks. On top of that, OBE also shows a nice and consistent pattern of rising prices.
- OBE is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 87% of 209 stocks in the same industry.
- OBE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month OBE has a been trading in the 8.30 - 9.81 range, which is quite wide. It is currently trading near the high of this range.
OBE Weekly and Daily overview Charts
OBE Setup Rating and Analysis
Besides having an excellent technical rating, OBE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for OBE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
OBE Support and Resistance Analysis
5.31
5 important support areas can be observed.
- Support @8.80 from a horizontal line in the daily time frame.
- Support @6.37 from a trend line in the weekly time frame.
- Support @5.74 from a trend line in the daily time frame.
- A support zone ranging from 5.48 to 5.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.36 from a horizontal line in the daily time frame.
OBE 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 OBE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OBE is up. |
| ChartMill Relative Strength | 93.64 | POSITIVE | OBE has a high relative strength, it outperformed 93.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OBE is above the rising 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) | 61.5 | NEUTRAL | The RSI value for OBE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests OBE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.12 | NEUTRAL | The Stochastics value for OBE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for OBE suggests some volalility. |
| Average Directional Index/ADX (14) | 20.76 | NEUTRAL | The ADX value for OBE suggests a possible start of a new trend. |
OBE Chart- and CandleStick Pattern Analysis
OBE Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.82 | 8.79 | 1.03 (10.49%) | 9.53% |
| An entry @9.82. This is a Buy Stop order right above the 10 day high. | An exit @8.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.03 points, which is 10.49%. | For a 1.00% total portfolio risk, you can invest 9.53% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OBE Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:OBE (4/14/2026, 12:30:26 PM)
9.51
-0.11 (-1.14%)
OBSIDIAN ENERGY LTD / OBE TA FAQ
Can you provide the ChartMill technical rating for OBSIDIAN ENERGY LTD?
ChartMill assigns a technical rating of 10 / 10 to OBE.
What is the trend direction for OBE stock?
The current trend direction for OBSIDIAN ENERGY LTD (OBE) is Bullish.
What is the RSI signal for OBE stock?
OBSIDIAN ENERGY LTD (OBE) has an RSI value of 61.5018. This indicates that the stock is currently neutral.
What is the short term momentum for OBSIDIAN ENERGY LTD (OBE) stock?
The short term momentum for OBSIDIAN ENERGY LTD (OBE) is positive.
Can you provide the support and resistance levels for OBSIDIAN ENERGY LTD?
OBSIDIAN ENERGY LTD (OBE) has a support level at 8.8. Check the full technical report for our detailed analysis of OBE support and resistance levels.