We assign a technical rating of 6 out of 10 to OBT. In the last year, OBT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
OBT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 27.15, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.67
3 important support areas can be observed.
- A support zone ranging from 26.02 to 27.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.44 to 24.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 22.90 to 23.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @31.05 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 | UP | POSITIVE | The long term trend for OBT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OBT is up. |
| ChartMill Relative Strength | 35.78 | NEUTRAL | OBT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OBT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OBT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OBT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.82 | NEUTRAL | The RSI value for OBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests OBT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.37 | NEUTRAL | The Stochastics value for OBT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for OBT suggests some volalility. |
| Average Directional Index/ADX (14) | 26.08 | POSITIVE | The high ADX value value for OBT suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.23 | 26.01 | 2.22 (7.85%) | 12.74% |
| An entry @28.23. This is a Buy Stop order right above the 10 day high. | An exit @26.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.22 points, which is 7.85%. | When investing 12.74% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
27.37
+0.03 (+0.11%)
ORANGE COUNTY BANCORP INC / OBT FAQ
What is the technical rating for OBT stock?
ChartMill assigns a technical rating of 6 / 10 to OBT.
What is the trend direction for OBT stock?
The current trend direction for ORANGE COUNTY BANCORP INC (OBT) is Bullish.
What is the RSI signal for ORANGE COUNTY BANCORP INC (OBT) stock?
ORANGE COUNTY BANCORP INC (OBT) has an RSI value of 62.8179. This indicates that the stock is currently neutral.
What is the MACD signal for OBT stock?
The MACD indicator for ORANGE COUNTY BANCORP INC (OBT) has a value of 0.0910933, indicating a bearish trend.
Can you provide the buy/sell signal for ORANGE COUNTY BANCORP INC?
The buy/sell signal for ORANGE COUNTY BANCORP INC (OBT) is buy as both the short term and long term trends are positive.