Overall OCSL gets a technical rating of 0 out of 10. OCSL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, OCSL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.50. Right above this resistance zone may be a good entry point.
12.00
When analyzing the support we notice one important area.
We can see 6 important resistance areas.
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 | 17.69 | NEGATIVE | OCSL has a low relative strength, it was outperformed by 82.31% 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) | 44.67 | NEUTRAL | The RSI value for OCSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests OCSL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.68 | NEUTRAL | The Stochastics value for OCSL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for OCSL suggests some volalility. |
| Average Directional Index/ADX (14) | 30.73 | POSITIVE | The high ADX value value for OCSL suggests a strong trend. |
12.38
+0.24 (+1.98%)
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 44.6735. 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 12.13 and a resistance level at 12.5. Check the full technical report for our detailed analysis of OCSL support and resistance levels.