ORIGIN BANCORP INC (OBK) Stock Technical Analysis
USA - NYSE:OBK - US68621T1025 - Common Stock
35.36 USD
+0.05 (+0.14%)
35.36 USD
0 (0%)
We assign a technical rating of 1 out of 10 to OBK. OBK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month OBK has a been trading in the 34.68 - 39.50 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, OBK turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
OBK is part of the Banks industry. There are 392 other stocks in this industry, OBK did better than 42% of them.
OBK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OBK is lagging the market.
Although the technical rating is bad, OBK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 35.35, a Stop Loss order could be placed below this zone.
More info and screens
28.88
39.49
3 important support areas can be observed.
- A support zone ranging from 35.07 to 35.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 29.85 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 3 important areas.
- A resistance zone ranging from 35.51 to 35.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 36.38 to 36.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.72 to 39.10. This zone is formed by a combination of multiple trend lines 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 OBK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OBK is down. |
| ChartMill Relative Strength | 54.13 | NEUTRAL | OBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OBK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OBK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OBK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.02 | NEUTRAL | The RSI value for OBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests OBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.05 | OVERSOLD | The low Stochastics value suggests OBK may be oversold. |
| 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) | 19.82 | NEGATIVE | The low ADX value for OBK 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)
35.36
+0.05 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.14%
1 Week-1.06%
2 Weeks-0.11%
1 Month-9.12%
3 Month-1.12%
6 Month0.94%
12 Month11.97%
2 Year22.48%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%2.6%
ATR Inc-43.73%
Range Today0.54
ADR(20)0.87
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.13
Mansfield-0.89
10 Day High36.82
10 Day Low34.68
20 Day High39.5
20 Day Low34.68
52 Week High41.17
52 Week Low28.8
CS1 End35.35
CR1 Start35.51
Volume & EV
DER(3)1.88%
DER(5)0.59%
Volume97.70K
Volume Incr-32.85%
Vol(5)122.28K
Vol(50)162.18K