OBLONG INC (OBLG)

US6744342048 - Common Stock

0.1784  +0.02 (+9.45%)

After market: 0.1785 +0 (+0.06%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to OBLG. Recently some decent action could be observed, but in the medium term time frame this is still negative. OBLG was also a bad performer in the overall market in the last year.

93% of all other stocks performed better in the past year than OBLG.
OBLG is one of the lesser performing stocks in the Software industry. 82% of 277 stocks in the same industry do better.
OBLG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
OBLG has an average volume of 3723910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month OBLG has a been trading in the 0.10 - 0.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
OBLG Weekly chart
OBLG Daily chart
Setup Rating and Analysis

3

OBLG has an average technical rating and it also does not offer a high quality setup 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.

Support and Resistance Analysis

0.11

0.19

We found 1 important support area.

  • Support @0.11 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.93
Mansfield-6.86
10 Day High0.23
10 Day Low0.11
20 Day High0.23
20 Day Low0.1
52 Week High1.85
52 Week Low0.1
Performance
1 Week62.92%
2 Weeks55.13%
1 Month44.92%
3 Month16.45%
6 Month-14.64%
12 Month-88.03%
2 Year-96.51%
3 Year-99.67%
5 YearN/A
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)0.01
RSI(14)69.31
LBB0.08
UBB0.18
OBLG Daily chart

OBLONG INC

NASDAQ:OBLG (5/20/2024, 7:00:02 PM)

After market: 0.1785 +0 (+0.06%)

0.1784

+0.02 (+9.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg9.45%
1 Week62.92%
2 Weeks55.13%
1 Month44.92%
3 Month16.45%
6 Month-14.64%
12 Month-88.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%11.4%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.23
10 Day Low0.11
20 Day High0.23
20 Day Low0.1
52 Week High1.85
52 Week Low0.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.96M
Volume Incr1709.24%
Vol(5)8.44M
Vol(50)3.72M