
USA - New York Stock Exchange - NYSE:OIBR -
We assign a technical rating of 7 out of 10 to OIBR. In the last year, OIBR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although OIBR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
6.73
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 OIBR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OIBR is neutral. |
| ChartMill Relative Strength | 99.93 | POSITIVE | OIBR has a high relative strength, it outperformed 99.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OIBR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OIBR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OIBR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 85.78 | OVERBOUGHT | The high RSI value suggests OIBR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests OIBR has a positive trend. |
| Stochastics (14,3) | 64.52 | NEUTRAL | The Stochastics value for OIBR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.15 | HIGH VOLATILITY | The high ATR as a percentage value for OIBR suggests high volalility. |
NYSE:OIBR (11/30/2017, 8:04:01 PM)
6.8
-0.9 (-11.69%)
ChartMill assigns a technical rating of 6 / 10 to OIBR.
The current trend direction for OI S A (OIBR) is Bearish.
OI S A (OIBR) has an RSI value of 85.7776. This indicates that the stock is currently overbought.
The MACD indicator for OI S A (OIBR) has a value of 0.670594, indicating a bearish trend.