OGE ENERGY CORP (OGE) Stock Technical Analysis
USA - NYSE:OGE - US6708371033 - Common Stock
43.87 USD
-0.24 (-0.54%)
43.87 USD
0 (0%)
Overall OGE gets a technical rating of 1 out of 10. OGE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, OGE outperforms 45% of them, which is more or less in line with the market.
OGE is an average performer in the Electric Utilities industry, it outperforms 44% of 48 stocks in the same industry.
OGE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OGE is lagging the market.
In the last month OGE has a been trading in a tight range between 43.23 and 45.64.
OGE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 43.86, a Stop Loss order could be placed below this zone.
More info and screens
41.67
46.85
2 important support areas can be observed.
- A support zone ranging from 43.45 to 43.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @42.09 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 44.00 to 45.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.28 to 46.39. 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 | NEUTRAL | NEUTRAL | The long term trend for OGE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OGE is down. |
| ChartMill Relative Strength | 45.75 | NEUTRAL | OGE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OGE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OGE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OGE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.13 | NEUTRAL | The RSI value for OGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests OGE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.93 | NEUTRAL | The Stochastics value for OGE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for OGE suggests low volalility. |
| Average Directional Index/ADX (14) | 21.06 | NEUTRAL | The ADX value for OGE suggests a possible start of a new 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)
43.87
-0.24 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.54%
1 Week-0.75%
2 Weeks-0.97%
1 Month-3.09%
3 Month-0.2%
6 Month-2.42%
12 Month7.76%
2 Year31.62%
3 Year20.32%
5 Year46.28%
10 Year60.34%
15 Year120.07%
Volatility
ATR(14)0.58
ATR(20)%1.3%
ATR Inc2.61%
Range Today0.38
ADR(20)0.56
ADR(20)%1.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.75
Mansfield-0.96
10 Day High44.67
10 Day Low43.23
20 Day High45.64
20 Day Low43.23
52 Week High46.91
52 Week Low39.1
CS1 End43.86
CR1 Start44
Volume & EV
DER(3)0.25%
DER(5)-0.19%
Volume1.20M
Volume Incr0.53%
Vol(5)969.52K
Vol(50)998.70K