OAKTREE SPECIALTY LENDING CO (OCSL) Stock Technical Analysis
USA - NASDAQ:OCSL - US67401P4054 - Common Stock
12.78 USD
-0.4 (-3.03%)
12.88 USD
+0.1 (+0.78%)
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.
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.
When comparing the yearly performance of all stocks, OCSL is a bad performer in the overall market: 85% of all stocks are doing better.
OCSL is one of the lesser performing stocks in the Capital Markets industry. 69% of 237 stocks in the same industry do better.
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 12.44 - 13.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
12.65
15.40
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 13.37 to 13.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.03 from a trend line in the daily time frame.
- 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 @15.25 from a trend line in the weekly time frame.
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 | NEGATIVE | OCSL has a low relative strength, it was outperformed by 85% 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) | 41.68 | NEUTRAL | The RSI value for OCSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests OCSL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.83 | NEUTRAL | The Stochastics value for OCSL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for OCSL suggests low volalility. |
| Average Directional Index/ADX (14) | 28.31 | POSITIVE | The high ADX value value for OCSL suggests a strong 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)
12.78
-0.4 (-3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-3.03%
1 Week1.75%
2 Weeks-2.74%
1 Month-4.77%
3 Month-10.38%
6 Month-10.94%
12 Month-23.1%
2 Year-32.74%
3 Year-35.45%
5 Year-6.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.96%
ATR Inc50.32%
Range Today0.44
ADR(20)0.25
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15
Mansfield-2.12
10 Day High13.31
10 Day Low12.44
20 Day High13.52
20 Day Low12.44
52 Week High16.66
52 Week Low12.44
CS1 EndN/A
CR1 Start13.37
Volume & EV
DER(3)4.42%
DER(5)3.55%
Volume1.11M
Volume Incr-11.22%
Vol(5)813.54K
Vol(50)692.61K