OKLO INC (OKLO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OKLO - US02156V1098 - Common Stock
Taking everything into account, OKLO scores 4 out of 10 in our technical rating. 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.
OKLO has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
75.18
We found 1 important support area.
- A support zone ranging from 75.94 to 76.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 76.93 to 77.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @83.44 from a horizontal line in the daily time frame.
- Resistance @85.61 from a trend line in the daily time frame.
- Resistance @92.59 from a trend 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 OKLO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OKLO is down. |
| ChartMill Relative Strength | 97.39 | POSITIVE | OKLO has a high relative strength, it outperformed 97.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OKLO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OKLO is below 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) | 36.89 | NEUTRAL | The RSI value for OKLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests OKLO has a negative trend. |
| Stochastics (14,3) | 13.87 | OVERSOLD | The low Stochastics value suggests OKLO may be oversold. |
| Average True Range in percent/ATR (20) | 10.37 | HIGH VOLATILITY | The high ATR as a percentage value for OKLO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.56 | NEGATIVE | The low ADX value for OKLO suggests a weak or negative trend. |
76.92
-4.39 (-5.4%)
OKLO INC / OKLO FAQ
What is the ChartMill technical rating of OKLO INC (OKLO) stock?
ChartMill assigns a technical rating of 4 / 10 to OKLO.
What is the current trend direction of OKLO INC (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 36.8948. This indicates that the stock is currently neutral.
What is the buy/sell signal for OKLO stock?
The buy/sell signal for OKLO INC (OKLO) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for OKLO INC?
OKLO INC (OKLO) has a support level at 76.91 and a resistance level at 76.93. Check the full technical report for our detailed analysis of OKLO support and resistance levels.