OAKTREE SPECIALTY LENDING CO (OCSL) Stock Technical Analysis
NASDAQ:OCSL - Nasdaq - US67401P4054 - Common Stock - Currency: USD
Overall OCSL gets a technical rating of 1 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
85% of all other stocks performed better in the past year than OCSL.
OCSL is one of the lesser performing stocks in the Capital Markets industry. 78% of 232 stocks in the same industry do better.
OCSL 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 OCSL is lagging the market.
In the last month OCSL has a been trading in the 13.65 - 14.72 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
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.
More info and screens
12.80
16.29
We found 3 important support areas.
- Support @13.79 from a trend line in the daily time frame.
- Support @13.56 from a horizontal line in the weekly time frame.
- A support zone ranging from 12.93 to 12.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 14.36 to 14.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.85 to 14.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 15.42 to 16.13. 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 | NEUTRAL | NEUTRAL | The short term trend for OCSL is neutral. |
| ChartMill Relative Strength | 15.81 | NEGATIVE | OCSL has a low relative strength, it was outperformed by 84.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OCSL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OCSL is above 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) | 51.17 | NEUTRAL | The RSI value for OCSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OCSL has a positive trend. |
| Stochastics (14,3) | 30.14 | NEUTRAL | The Stochastics value for OCSL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for OCSL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.07 | NEGATIVE | The low ADX value for OCSL 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)
14.33
+0.23 (+1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.63%
1 Week-2.05%
2 Weeks2.14%
1 Month4.9%
3 Month-11.05%
6 Month-12.3%
12 Month-27.44%
2 Year-26.25%
3 Year-27.07%
5 Year6.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.85%
ATR Inc16.46%
Range Today0.22
ADR(20)0.25
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.81
Mansfield-1.48
10 Day High14.72
10 Day Low13.92
20 Day High14.72
20 Day Low13.65
52 Week High19.8
52 Week Low12.5
CS1 End13.79
CR1 Start14.36
Volume & EV
DER(3)-4.25%
DER(5)-1.16%
Volume492.30K
Volume Incr8.78%
Vol(5)635.12K
Vol(50)747.59K