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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 83% of all other stocks performed better in the past year than OCSL.
- OCSL is part of the Capital Markets industry. There are 238 other stocks in this industry, of which 75% are performing better than OCSL.
- OCSL is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month OCSL has a been trading in the 12.21 - 13.05 range, which is quite wide. It is currently trading near the lows of this range.
OCSL has a poor technical rating and the quality of the setup is also only medium 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
12.19
When analyzing the support we notice one important area.
- A support zone ranging from 12.31 to 12.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.66 to 13.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.00 to 14.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 17.17 | NEGATIVE | OCSL has a low relative strength, it was outperformed by 82.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OCSL is below 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) | 35.98 | NEUTRAL | The RSI value for OCSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests OCSL has a negative trend. |
| Stochastics (14,3) | 11.07 | OVERSOLD | The low Stochastics value suggests OCSL may be oversold. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for OCSL suggests low volalility. |
| Average Directional Index/ADX (14) | 32.15 | POSITIVE | The high ADX value value for OCSL suggests a strong trend. |
12.32
-0.15 (-1.2%)
OAKTREE SPECIALTY LENDING CO / OCSL FAQ
Can you provide the ChartMill technical rating for OAKTREE SPECIALTY LENDING CO?
ChartMill assigns a technical rating of 0 / 10 to OCSL.
What is the trend direction for OCSL stock?
The current trend direction for OAKTREE SPECIALTY LENDING CO (OCSL) is Bearish.
Can you provide the RSI signal for OAKTREE SPECIALTY LENDING CO?
OAKTREE SPECIALTY LENDING CO (OCSL) has an RSI value of 35.9773. This indicates that the stock is currently neutral.
What is the buy/sell signal for OCSL stock?
The buy/sell signal for OAKTREE SPECIALTY LENDING CO (OCSL) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for OAKTREE SPECIALTY LENDING CO?
OAKTREE SPECIALTY LENDING CO (OCSL) has a support level at 12.31 and a resistance level at 12.66. Check the full technical report for our detailed analysis of OCSL support and resistance levels.