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OFG BANCORP (OFG) Stock Technical Analysis

NYSE:OFG - New York Stock Exchange, Inc. - PR67103X1020 - Common Stock - Currency: USD

42.8  -0.29 (-0.67%)

After market: 42.8 0 (0%)

Technical Rating and Analysis

7

Overall OFG gets a technical rating of 7 out of 10. In the last year, OFG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

Both the short term and long term trends are positive. This is a very positive sign.
In the last month OFG has a been trading in the 40.06 - 43.58 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that OFG is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
OFG is part of the Banks industry. There are 395 other stocks in this industry, OFG did better than 55% of them.
OFG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OFG is lagging the market.
Weekly and Daily overview Charts
OFG BANCORP / OFG Weekly stock chart
OFG BANCORP / OFG Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, OFG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 43.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.72, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

34.03

47.32

3 important support areas can be observed.

  • A support zone ranging from 40.38 to 41.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 35.37 to 35.84. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @34.37 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @44.03 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 46.51 to 46.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for OFG is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for OFG is up.
ChartMill Relative Strength74.68POSITIVEOFG has a high relative strength, it outperformed 74.68% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of OFG is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of OFG is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of OFG is above a declining SMA(200).
Relative Strength Index/RSI (14)61.02NEUTRALThe RSI value for OFG is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.15POSITIVEThe MACD value suggests OFG has a positive trend, although the MACD value is declining.
Stochastics (14,3)87.97OVERBOUGHTThe high Stochastics value suggests OFG may be overbought.
Average True Range in percent/ATR (20)1.83LOW VOLATILITYThe low ATR as a percentage value for OFG suggests low volalility.
Average Directional Index/ADX (14)18.33NEGATIVEThe low ADX value for OFG suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
44.0440.053.99 (9.06%)11.04%
An entry @44.04. This is a Buy Stop order right above the resistance zone.An exit @40.05. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 3.99 points, which is 9.06%.For a 1.00% total portfolio risk, you can invest 11.04% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OFG BANCORP / OFG Daily stock chart

OFG BANCORP

NYSE:OFG (6/30/2025, 8:04:00 PM)

After market: 42.8 0 (0%)

42.8

-0.29 (-0.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.67%
1 Week1.45%
2 Weeks4.39%
1 Month4.03%
3 Month22.32%
6 Month0.97%
12 Month16.4%
2 Year64.11%
3 Year68.5%
5 Year220.12%
10 Year301.13%
15 Year238.07%
Volatility
ATR(14)0.85
ATR(20)%1.83%
ATR Inc-18.18%
Range Today0.73
ADR(20)0.74
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.68
Mansfield-0.53
10 Day High43.58
10 Day Low40.06
20 Day High43.58
20 Day Low40.06
52 Week High47.66
52 Week Low33.15
CS1 End41.72
CR1 Start43.73
Volume & EV
DER(3)-0.06%
DER(5)-1.13%
Volume210.30K
Volume Incr0.82%
Vol(5)265.98K
Vol(50)284.10K