We assign a technical rating of 0 out of 10 to OCSL. OCSL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
OCSL has a poor technical rating and the quality of the setup is also not perfect 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.
12.38
When analyzing the support we notice one important area.
3 important resistance areas can be observed.
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 OCSL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OCSL is down. |
| ChartMill Relative Strength | 23.31 | NEGATIVE | OCSL has a low relative strength, it was outperformed by 76.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OCSL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OCSL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OCSL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.91 | NEUTRAL | The RSI value for OCSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests OCSL has a positive trend. |
| Stochastics (14,3) | 62.93 | NEUTRAL | The Stochastics value for OCSL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for OCSL suggests low volalility. |
| Average Directional Index/ADX (14) | 31.54 | POSITIVE | The high ADX value value for OCSL suggests a strong trend. |
12.91
+0.01 (+0.08%)
ChartMill assigns a technical rating of 0 / 10 to OCSL.
The current trend direction for OAKTREE SPECIALTY LENDING CO (OCSL) is Bearish.
OAKTREE SPECIALTY LENDING CO (OCSL) has an RSI value of 46.9084. This indicates that the stock is currently neutral.
The buy/sell signal for OAKTREE SPECIALTY LENDING CO (OCSL) is sell as both the short term and long term trends are negative.
OAKTREE SPECIALTY LENDING CO (OCSL) has a support level at 12.88 and a resistance level at 13.24. Check the full technical report for our detailed analysis of OCSL support and resistance levels.