OBLONG INC (OBLG) Stock Technical Analysis
NASDAQ:OBLG - Nasdaq - US6744343038 - Common Stock - Currency: USD
Overall OBLG gets a technical rating of 5 out of 10. OBLG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
79% of all other stocks performed better in the past year than OBLG.
OBLG is one of the lesser performing stocks in the Software industry. 61% of 284 stocks in the same industry do better.
OBLG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OBLG is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month OBLG has a been trading in the 2.04 - 4.40 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OBLG has an average technical rating and it also does not offer a high 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
3.90
4.30
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.23 to 4.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.1
Mansfield-1.55
10 Day High3.95
10 Day Low2.44
20 Day High4.4
20 Day Low2.04
52 Week High14.82
52 Week Low1.91
Performance
1 Week41.22%
2 Weeks51.54%
1 Month89.42%
3 Month3.14%
6 Month4.51%
12 Month-39.57%
2 Year-94.14%
3 Year-98.07%
5 Year-99.37%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)68.18
LBB2.06
UBB3.76
3.9393
+0.35 (+9.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg9.73%
1 Week41.22%
2 Weeks51.54%
1 Month89.42%
3 Month3.14%
6 Month4.51%
12 Month-39.57%
2 Year-94.14%
3 Year-98.07%
5 Year-99.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%12.84%
ATR Inc62.87%
Range Today0.5
ADR(20)0.47
ADR(20)%12.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.1
Mansfield-1.55
10 Day High3.95
10 Day Low2.44
20 Day High4.4
20 Day Low2.04
52 Week High14.82
52 Week Low1.91
CS1 EndN/A
CR1 Start4.23
Volume & EV
DER(3)13.62%
DER(5)6.02%
Volume105.77K
Volume Incr-87.98%
Vol(5)137.29K
Vol(50)475.44K