Overall OBLG gets a technical rating of 2 out of 10. In the past year, OBLG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of OBLG is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.67
We can see 3 important resistance areas.
- Resistance @2.81 from a trend line in the daily time frame.
- A resistance zone ranging from 3.06 to 3.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @3.48 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for OBLG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OBLG is neutral. |
| ChartMill Relative Strength | 18.92 | NEGATIVE | OBLG has a low relative strength, it was outperformed by 81.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OBLG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OBLG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OBLG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.01 | NEUTRAL | The RSI value for OBLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests OBLG has a positive trend. |
| Stochastics (14,3) | 78.43 | NEUTRAL | The Stochastics value for OBLG is a neutral value. |
| Average True Range in percent/ATR (20) | 10.2 | HIGH VOLATILITY | The high ATR as a percentage value for OBLG suggests high volalility. |
| Average Directional Index/ADX (14) | 24.5 | NEUTRAL | The ADX value for OBLG suggests a possible start of a new trend. |
2.7
+0.26 (+10.66%)
OBLONG INC / OBLG FAQ
Can you provide the ChartMill technical rating for OBLONG INC?
ChartMill assigns a technical rating of 2 / 10 to OBLG.
What is the trend direction for OBLG stock?
The current trend direction for OBLONG INC (OBLG) is Bearish.
What is the RSI signal for OBLG stock?
OBLONG INC (OBLG) has an RSI value of 61.0074. This indicates that the stock is currently neutral.
What is the MACD signal for OBLONG INC (OBLG) stock?
The MACD indicator for OBLONG INC (OBLG) has a value of 0.0943741, indicating a bearish trend.
What is the support and resistance level for OBLG stock?
OBLONG INC (OBLG) has a resistance level at 2.81. Check the full technical report for our detailed analysis of OBLG support and resistance levels.