OFS CREDIT CO INC (OCCI) Stock Technical Analysis
NASDAQ:OCCI - Nasdaq - US67111Q1076 - Currency: USD
We assign a technical rating of 0 out of 10 to OCCI. OCCI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
87% of all other stocks performed better in the past year than OCCI.
OCCI is one of the lesser performing stocks in the Capital Markets industry. 81% of 237 stocks in the same industry do better.
OCCI 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 OCCI has a been trading in the 5.37 - 6.25 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 OCCI 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
5.85
7.70
When analyzing the resistance we notice 4 important areas.
- Resistance @5.95 from a trend line in the daily time frame.
- A resistance zone ranging from 6.28 to 6.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.01 from a trend line in the weekly time frame.
- Resistance @7.62 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 OCCI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OCCI is down. |
| ChartMill Relative Strength | 13.15 | NEGATIVE | OCCI has a low relative strength, it was outperformed by 86.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OCCI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OCCI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OCCI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.45 | NEUTRAL | The RSI value for OCCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OCCI has a positive trend. |
| Stochastics (14,3) | 74.65 | NEUTRAL | The Stochastics value for OCCI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for OCCI suggests some volalility. |
| Average Directional Index/ADX (14) | 28.45 | POSITIVE | The high ADX value value for OCCI 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)
5.91
-0.03 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.51%
1 Week7.85%
2 Weeks-1.83%
1 Month-5.14%
3 Month-13.09%
6 Month-18.93%
12 Month-18.93%
2 Year-26.12%
3 Year-44.3%
5 Year-45.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%2.51%
ATR Inc-25.61%
Range Today0.08
ADR(20)0.14
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.15
Mansfield-2.13
10 Day High6.04
10 Day Low5.37
20 Day High6.25
20 Day Low5.37
52 Week High7.78
52 Week Low5.26
CS1 EndN/A
CR1 Start5.95
Volume & EV
DER(3)3.49%
DER(5)-1.69%
Volume303.00K
Volume Incr15.76%
Vol(5)381.26K
Vol(50)288.15K