OAKTREE SPECIALTY LENDING CO (OCSL) Stock Technical Analysis
NASDAQ:OCSL - Nasdaq - US67401P4054 - Common Stock - Currency: USD
Taking everything into account, OCSL scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
84% of all other stocks performed better in the past year than OCSL.
OCSL is part of the Capital Markets industry. There are 237 other stocks in this industry, of which 78% are performing better than OCSL.
OCSL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month OCSL has a been trading in the 12.84 - 14.77 range, which is quite wide. It is currently trading near the lows of this range.
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
15.75
We found 1 important support area.
- Support @13.27 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @13.35 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 13.85 to 14.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.45 to 14.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.24 from a trend line in the daily time frame.
- A resistance zone ranging from 15.51 to 15.59. 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 | 16.92 | NEGATIVE | OCSL has a low relative strength, it was outperformed by 83.08% 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) | 34.18 | NEUTRAL | The RSI value for OCSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests OCSL has a negative trend. |
| Stochastics (14,3) | 18.32 | OVERSOLD | The low Stochastics value suggests OCSL may be oversold. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for OCSL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.41 | NEUTRAL | The ADX value for OCSL suggests a possible start of a new 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)
13.29
-0.07 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.52%
1 Week-3.95%
2 Weeks-7.29%
1 Month-5.45%
3 Month-3.12%
6 Month-13.7%
12 Month-17.02%
2 Year-33.4%
3 Year-35.65%
5 Year-10.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%2.06%
ATR Inc93.04%
Range Today0.26
ADR(20)0.26
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.92
Mansfield-1.96
10 Day High14.5
10 Day Low12.84
20 Day High14.77
20 Day Low12.84
52 Week High17.16
52 Week Low12.5
CS1 End13.35
CR1 Start13.85
Volume & EV
DER(3)0.94%
DER(5)0.91%
Volume698.37K
Volume Incr30.37%
Vol(5)765.82K
Vol(50)636.17K