OKLO INC (OKLO) Stock Technical Analysis
NYSE:OKLO - New York Stock Exchange, Inc. - US02156V1098 - Common Stock - Currency: USD
Taking everything into account, OKLO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, OKLO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that OKLO is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by OKLO over the past year are nicely spread over this period.
OKLO is one of the better performing stocks in the Electric Utilities industry, it outperforms 100% of 47 stocks in the same industry.
OKLO 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 OKLO is lagging the market slightly.
In the last month OKLO has a been trading in the 50.08 - 67.93 range, which is quite wide. It is currently trading near the high of this range.
OKLO has an average volume of 22121800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although OKLO 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.
More info and screens
53.11
67.84
We found 2 important support areas.
- A support zone ranging from 57.25 to 58.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @53.65 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 | UP | POSITIVE | The long term trend for OKLO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OKLO is up. |
| ChartMill Relative Strength | 99.52 | POSITIVE | OKLO has a high relative strength, it outperformed 99.52% 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) | UP | POSITIVE | The current price of OKLO is above the rising 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) | 66.77 | NEUTRAL | The RSI value for OKLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.65 | POSITIVE | The MACD value suggests OKLO has a positive trend. |
| Stochastics (14,3) | 89.03 | OVERBOUGHT | The high Stochastics value suggests OKLO may be overbought. |
| Average True Range in percent/ATR (20) | 7.2 | HIGH VOLATILITY | The high ATR as a percentage value for OKLO suggests high volalility. |
| Average Directional Index/ADX (14) | 41.24 | POSITIVE | The high ADX value value for OKLO suggests a strong 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)
67.17
+2.8 (+4.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg4.35%
1 Week21.14%
2 Weeks30.86%
1 Month7.01%
3 Month205.6%
6 Month157.85%
12 Month680.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.38
ATR(20)%7.2%
ATR Inc-11.63%
Range Today3.34
ADR(20)4.68
ADR(20)%6.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.52
Mansfield12.42
10 Day High67.93
10 Day Low51.24
20 Day High67.93
20 Day Low50.08
52 Week High73.55
52 Week Low5.35
CS1 End58.35
CR1 StartN/A
Volume & EV
DER(3)1.46%
DER(5)2.93%
Volume20.81M
Volume Incr1.75%
Vol(5)21.07M
Vol(50)22.12M