OGE ENERGY CORP (OGE) Stock Technical Analysis
NYSE:OGE - US6708371033 - Common Stock
45.11 USD
-0.04 (-0.09%)
45.11 USD
0 (0%)
Overall OGE gets a technical rating of 5 out of 10. OGE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
OGE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OGE is lagging the market slightly.
OGE has an average volume of 1095750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, OGE turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
OGE is an average performer in the Electric Utilities industry, it outperforms 54% of 47 stocks in the same industry.
In the last month OGE has a been trading in a tight range between 44.34 and 46.18.
Although the technical rating is only medium, OGE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 44.91, a Stop Loss order could be placed below this zone.
More info and screens
39.35
46.85
We found 3 important support areas.
- A support zone ranging from 43.66 to 44.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.09 to 42.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @39.75 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 45.22 to 45.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.29 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 | UP | POSITIVE | The long term trend for OGE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OGE is neutral. |
| ChartMill Relative Strength | 60.72 | NEUTRAL | OGE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OGE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OGE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OGE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.62 | NEUTRAL | The RSI value for OGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests OGE has a negative trend. |
| Stochastics (14,3) | 43.77 | NEUTRAL | The Stochastics value for OGE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for OGE suggests low volalility. |
| Average Directional Index/ADX (14) | 10.4 | NEGATIVE | The low ADX value for OGE 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)
45.11
-0.04 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.09%
1 Week1.3%
2 Weeks-0.07%
1 Month2.13%
3 Month1.53%
6 Month-2.44%
12 Month14.13%
2 Year32.6%
3 Year11.37%
5 Year41.71%
10 Year61.02%
15 Year131.24%
Volatility
ATR(14)0.62
ATR(20)%1.51%
ATR Inc-10.45%
Range Today0.49
ADR(20)0.67
ADR(20)%1.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.72
Mansfield-0.45
10 Day High46.15
10 Day Low44.48
20 Day High46.18
20 Day Low44.34
52 Week High46.91
52 Week Low39.1
CS1 End44.91
CR1 Start45.22
Volume & EV
DER(3)1.03%
DER(5)0.04%
Volume914.98K
Volume Incr-24.99%
Vol(5)796.10K
Vol(50)1.10M