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.
85% of all other stocks performed better in the past year than OCSL.
OCSL is part of the Capital Markets industry. There are 233 other stocks in this industry, of which 82% are performing better than OCSL.
In the last month OCSL has a been trading in the 13.40 - 14.60 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
OCSL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OCSL is lagging the market.
The technical rating of OCSL 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
13.14
16.29
3 important support areas can be observed.
- A support zone ranging from 14.27 to 14.38. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 13.55 to 14.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.27 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @14.45 from a horizontal line in the daily time frame.
- Resistance @14.89 from a horizontal line in the daily time frame.
- A resistance zone ranging from 15.59 to 15.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 16.13 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 | UP | POSITIVE | The short term trend for OCSL is up. |
| ChartMill Relative Strength | 15.57 | NEGATIVE | OCSL has a low relative strength, it was outperformed by 84.43% 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 | 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) | 60.49 | NEUTRAL | The RSI value for OCSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests OCSL has a positive trend. |
| Stochastics (14,3) | 94.28 | OVERBOUGHT | The high Stochastics value suggests OCSL may be overbought. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for OCSL suggests low volalility. |
| Average Directional Index/ADX (14) | 17.2 | 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)
14.41
+0.04 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.28%
1 Week2.42%
2 Weeks6.27%
1 Month-0.96%
3 Month6.19%
6 Month-3.68%
12 Month-22.32%
2 Year-29.4%
3 Year-31.77%
5 Year6.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.78%
ATR Inc8.94%
Range Today0.21
ADR(20)0.24
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.57
Mansfield-1.44
10 Day High14.5
10 Day Low13.47
20 Day High14.6
20 Day Low13.4
52 Week High18.6
52 Week Low12.5
CS1 End14.38
CR1 Start14.45
Volume & EV
DER(3)-3.96%
DER(5)-3.05%
Volume493.40K
Volume Incr-6.25%
Vol(5)631.84K
Vol(50)657.92K