OFS CAPITAL CORP (OFS) Technical Analysis
NASDAQ:OFS • US67103B1008
Overall OFS gets a technical rating of 0 out of 10. OFS 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, OFS is a bad performer in the overall market: 95% of all stocks are doing better.
- OFS is part of the Capital Markets industry. There are 242 other stocks in this industry, of which 82% are performing better than OFS.
- OFS is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so OFS is lagging the market.
- In the last month OFS has a been trading in the 3.43 - 4.44 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.
The technical rating of OFS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.40
2 important resistance areas can be observed.
- A resistance zone ranging from 4.01 to 4.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.30 from a horizontal line in the daily 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 OFS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OFS is down. |
| ChartMill Relative Strength | 5.89 | NEGATIVE | OFS has a low relative strength, it was outperformed by 94.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OFS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OFS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OFS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.64 | OVERSOLD | The low RSI value suggests OFS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests OFS has a negative trend. |
| Stochastics (14,3) | 2.73 | OVERSOLD | The low Stochastics value suggests OFS may be oversold. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for OFS suggests high volalility. |
| Average Directional Index/ADX (14) | 28.28 | POSITIVE | The high ADX value value for OFS suggests a strong trend. |
OFS Technicals: Chart, Performance Metrics, Trend & Indicators
3.43
-0.34 (-9.02%)
OFS CAPITAL CORP / OFS FAQ
What is the technical rating for OFS stock?
ChartMill assigns a technical rating of 0 / 10 to OFS.
What is the trend direction for OFS stock?
The current trend direction for OFS CAPITAL CORP (OFS) is Bearish.
What is the RSI signal for OFS stock?
OFS CAPITAL CORP (OFS) has an RSI value of 25.6358. This indicates that the stock is currently oversold.
What is the buy/sell signal for OFS CAPITAL CORP (OFS) stock?
The buy/sell signal for OFS CAPITAL CORP (OFS) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for OFS CAPITAL CORP?
OFS CAPITAL CORP (OFS) has a resistance level at 4.01. Check the full technical report for our detailed analysis of OFS support and resistance levels.