OCONEE FEDERAL FINANCIAL COR (OFED)

US6756071055 - Common Stock

13.52  -1.61 (-10.61%)

Technical Rating and Analysis

0

Overall OFED gets a technical rating of 0 out of 10. OFED scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

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, OFED is a bad performer in the overall market: 93% of all stocks are doing better.
OFED is one of the lesser performing stocks in the Banks industry. 98% of 411 stocks in the same industry do better.
OFED is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month OFED has a been trading in the 13.52 - 16.01 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: OFED has an average volume of 3450 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Weekly and Daily overview Charts
OFED Weekly chart
OFED Daily chart
Setup Rating and Analysis

3

The technical rating of OFED 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.

Support and Resistance Analysis

13.38

27.27

When analyzing the resistance we notice 8 important areas.

  • Resistance @15.21 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 15.50 to 15.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 15.78 to 16.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @17.63 from a trend line in the daily time frame.
  • Resistance @21.62 from a horizontal line in the daily time frame.
  • Resistance @25.51 from a trend line in the weekly time frame.
  • A resistance zone ranging from 26.30 to 26.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @27.00 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.92
Mansfield-4.29
10 Day High15.9
10 Day Low13.52
20 Day High16.01
20 Day Low13.52
52 Week High27
52 Week Low13.35
Performance
1 Week-10.46%
2 Weeks-7.71%
1 Month-4.45%
3 Month-34.21%
6 Month-40.36%
12 Month-48.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)35.56
LBB13.99
UBB15.79
OFED Daily chart

OCONEE FEDERAL FINANCIAL COR

NASDAQ:OFED (7/31/2023, 7:00:02 PM)

13.52

-1.61 (-10.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-10.61%
1 Week-10.46%
2 Weeks-7.71%
1 Month-4.45%
3 Month-34.21%
6 Month-40.36%
12 Month-48.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.64
ATR(20)%5.15%
ATR Inc
Range Today1.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High15.9
10 Day Low13.52
20 Day High16.01
20 Day Low13.52
52 Week High27
52 Week Low13.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.40K
Volume Incr5.68%
Vol(5)3.72K
Vol(50)3.45K