ORIGIN BANCORP INC (OBNK) Stock Technical Analysis
NASDAQ:OBNK - US68621T1025 - Common Stock
28.61 USD
-0.54 (-1.85%)
28.61 USD
0 (0%)
We assign a technical rating of 0 out of 10 to OBNK. OBNK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, OBNK is a bad performer in the overall market: 80% of all stocks are doing better.
OBNK is part of the Banks industry. There are 393 other stocks in this industry, of which 92% are performing better than OBNK.
OBNK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month OBNK has a been trading in the 25.59 - 32.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of OBNK is bad and it also does not present a 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.
More info and screens
26.09
47.14
When analyzing the support we notice one important area.
- A support zone ranging from 26.35 to 26.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 7 important areas.
- A resistance zone ranging from 28.77 to 29.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @29.90 from a trend line in the daily time frame.
- Resistance @36.33 from a trend line in the weekly time frame.
- Resistance @39.99 from a horizontal line in the daily time frame.
- Resistance @44.29 from a trend line in the weekly time frame.
- Resistance @45.06 from a horizontal line in the weekly time frame.
- Resistance @46.67 from a horizontal 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 OBNK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OBNK is neutral. |
| ChartMill Relative Strength | 20.17 | NEGATIVE | OBNK has a low relative strength, it was outperformed by 79.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OBNK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OBNK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OBNK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.53 | NEUTRAL | The RSI value for OBNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests OBNK has a positive trend. |
| Stochastics (14,3) | 74.06 | NEUTRAL | The Stochastics value for OBNK is a neutral value. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for OBNK suggests high volalility. |
| Average Directional Index/ADX (14) | 30.38 | POSITIVE | The high ADX value value for OBNK suggests a strong 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)
28.61
-0.54 (-1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.85%
1 Week8.33%
2 Weeks2%
1 Month-11.2%
3 Month-27.83%
6 Month-31.21%
12 Month-23.48%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.5
ATR(20)%5.37%
ATR Inc-16.84%
Range Today1.83
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.17
Mansfield-2.88
10 Day High30.29
10 Day Low25.59
20 Day High32.27
20 Day Low25.59
52 Week High47.28
52 Week Low25.59
CS1 End26.41
CR1 Start28.77
Volume & EV
DER(3)1.93%
DER(5)-1%
Volume136.60K
Volume Incr-4.91%
Vol(5)95.50K
Vol(50)119.50K