OKLO INC (OKLO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OKLO - US02156V1098 - Common Stock
Overall OKLO gets a technical rating of 5 out of 10. Although OKLO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, OKLO did better than 92% of all other stocks.
- OKLO is one of the better performing stocks in the Electric Utilities industry, it outperforms 95% of 46 stocks in the same industry.
- OKLO has an average volume of 12415600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- OKLO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OKLO is lagging the market.
- In the last month OKLO has a been trading in the 70.86 - 115.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, OKLO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
68.91
We found 7 important support areas.
- A support zone ranging from 90.36 to 90.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @84.44 from a trend line in the weekly time frame.
- Support @82.31 from a horizontal line in the daily time frame.
- Support @79.15 from a trend line in the weekly time frame.
- Support @77.18 from a trend line in the daily time frame.
- Support @74.87 from a trend line in the daily time frame.
- Support @69.61 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @95.98 from a trend line in the daily time frame.
- Resistance @102.14 from a trend line in the daily time frame.
- A resistance zone ranging from 105.31 to 105.31. 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 OKLO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OKLO is neutral. |
| ChartMill Relative Strength | 92.25 | POSITIVE | OKLO has a high relative strength, it outperformed 92.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OKLO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OKLO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OKLO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.36 | NEUTRAL | The RSI value for OKLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests OKLO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.91 | OVERSOLD | The low Stochastics value suggests OKLO may be oversold. |
| Average True Range in percent/ATR (20) | 8.23 | HIGH VOLATILITY | The high ATR as a percentage value for OKLO suggests high volalility. |
| Average Directional Index/ADX (14) | 17.5 | NEGATIVE | The low ADX value for OKLO suggests a weak or negative trend. |
94.39
+9.12 (+10.7%)
OKLO INC / OKLO FAQ
What is the ChartMill technical rating of OKLO INC (OKLO) stock?
ChartMill assigns a technical rating of 5 / 10 to OKLO.
What is the trend direction for OKLO stock?
The current trend direction for OKLO INC (OKLO) is Bearish.
What is the RSI signal for OKLO INC (OKLO) stock?
OKLO INC (OKLO) has an RSI value of 53.356. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OKLO INC?
The MACD indicator for OKLO INC (OKLO) has a value of -0.190956, indicating a bearish trend.
What is the short term momentum for OKLO stock?
The short term momentum for OKLO INC (OKLO) is neutral.