ORIGIN BANCORP INC (OBK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OBK - US68621T1025 - Common Stock
Taking everything into account, OBK scores 8 out of 10 in our technical rating. Although OBK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
OBK has an excellent technical rating, but the quality of the setup is 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.
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4 important support areas can be observed.
- A support zone ranging from 35.38 to 35.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.40 to 33.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.05 to 30.22. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @29.17 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @38.72 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 | UP | POSITIVE | The long term trend for OBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OBK is up. |
| ChartMill Relative Strength | 42.26 | NEUTRAL | OBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OBK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.09 | NEUTRAL | The RSI value for OBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests OBK has a positive trend. |
| Stochastics (14,3) | 91.13 | OVERBOUGHT | The high Stochastics value suggests OBK may be overbought. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for OBK suggests some volalility. |
| Average Directional Index/ADX (14) | 18.57 | NEGATIVE | The low ADX value for OBK suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 38.73 | 35.37 | 3.36 (8.68%) | 11.53% |
| An entry @38.73. This is a Buy Stop order right above the resistance zone. | An exit @35.37. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.36 points, which is 8.68%. | When investing 11.53% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
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ORIGIN BANCORP INC / OBK FAQ
What is the technical rating for OBK stock?
ChartMill assigns a technical rating of 8 / 10 to OBK.
Can you provide the trend direction for ORIGIN BANCORP INC?
The current trend direction for ORIGIN BANCORP INC (OBK) is Bullish.
What is the RSI signal for OBK stock?
ORIGIN BANCORP INC (OBK) has an RSI value of 66.0892. This indicates that the stock is currently neutral.
What is the MACD signal for ORIGIN BANCORP INC (OBK) stock?
The MACD indicator for ORIGIN BANCORP INC (OBK) has a value of 0.255907, indicating a bearish trend.
Can you provide the support and resistance levels for ORIGIN BANCORP INC?
ORIGIN BANCORP INC (OBK) has a support level at 35.56 and a resistance level at 38.72. Check the full technical report for our detailed analysis of OBK support and resistance levels.