ORANGE COUNTY BANCORP INC (OBT) Stock Technical Analysis
NASDAQ:OBT - Nasdaq - US68417L1070 - Common Stock - Currency: USD
Taking everything into account, OBT scores 2 out of 10 in our technical rating. OBT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
OBT is one of the lesser performing stocks in the Banks industry. 71% of 396 stocks in the same industry do better.
OBT 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 OBT is lagging the market.
In the last month OBT has a been trading in the 23.25 - 27.95 range, which is quite wide. It is currently trading near the lows of this range.
Warning: OBT has an average volume of 28100 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, OBT turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
Volume is considerably higher in the last couple of days.
The technical rating of OBT 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
21.12
31.66
When analyzing the support we can see 2 important areas.
- Support @21.85 from a horizontal line in the weekly time frame.
- A support zone ranging from 21.33 to 21.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 26.37 to 27.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @31.35 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 | NEUTRAL | NEUTRAL | The long term trend for OBT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OBT is down. |
| ChartMill Relative Strength | 56.66 | NEUTRAL | OBT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OBT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OBT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OBT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.31 | NEUTRAL | The RSI value for OBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests OBT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.54 | OVERSOLD | The low Stochastics value suggests OBT may be oversold. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for OBT suggests some volalility. |
| Average Directional Index/ADX (14) | 18.32 | NEGATIVE | The low ADX value for OBT suggests a weak or negative 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)
24.33
+0.36 (+1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.5%
1 Week-4.85%
2 Weeks-4.59%
1 Month-4.51%
3 Month1.84%
6 Month-17.86%
12 Month5.87%
2 Year31.51%
3 Year28.15%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%3.89%
ATR Inc-20.11%
Range Today0.5
ADR(20)0.81
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.66
Mansfield-1.3
10 Day High26.58
10 Day Low23.25
20 Day High27.95
20 Day Low23.25
52 Week High33.06
52 Week Low20.97
CS1 End21.85
CR1 Start26.37
Volume & EV
DER(3)-0.77%
DER(5)-0.39%
Volume108.20K
Volume Incr350.1%
Vol(5)94.52K
Vol(50)28.10K