OFA GROUP (OFAL) Stock Technical Analysis
NASDAQ:OFAL - Nasdaq - KYG6713S1066 - Common Stock - Currency: USD
Taking everything into account, OFAL scores 2 out of 10 in our technical rating. In the last year, OFAL was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, OFAL is a bad performer in the overall market: 100% of all stocks are doing better.
OFAL is one of the lesser performing stocks in the Professional Services industry. 88% of 80 stocks in the same industry do better.
In the last month OFAL has a been trading in the 1.30 - 2.42 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
OFAL has an average volume of 1257120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, OFAL does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for OFAL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.32
1.79
When analyzing the support we notice one important area.
- Support @1.33 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.75 to 1.77. 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 | UP | POSITIVE | The long term trend for OFAL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OFAL is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | OFAL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OFAL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OFAL is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 49.62 | NEUTRAL | The RSI value for OFAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests OFAL has a positive trend. |
| Stochastics (14,3) | 44.47 | NEUTRAL | The Stochastics value for OFAL is a neutral value. |
| Average True Range in percent/ATR (20) | 12.19 | HIGH VOLATILITY | The high ATR as a percentage value for OFAL suggests high volalility. |
| Average Directional Index/ADX (14) | 8.95 | NEGATIVE | The low ADX value for OFAL 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)
NASDAQ:OFAL (8/15/2025, 2:44:12 PM)
1.58
-0.18 (-10.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-10.23%
1 Week25.71%
2 Weeks8.64%
1 Month-10.2%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%12.19%
ATR Inc17.37%
Range Today0.16
ADR(20)0.19
ADR(20)%12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.78
10 Day Low1.3
20 Day High2.42
20 Day Low1.3
52 Week HighN/A
52 Week LowN/A
CS1 End1.33
CR1 StartN/A
Volume & EV
DER(3)6%
DER(5)6.78%
Volume495.63K
Volume Incr-63.46%
Vol(5)760.04K
Vol(50)1.26M