OKLO INC (OKLO) Stock Technical Analysis
NYSE:OKLO - US02156V1098 - Common Stock
69.61 USD
-2.62 (-3.63%)
69.78 USD
+0.17 (+0.24%)
Overall OKLO gets a technical rating of 10 out of 10. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, OKLO did better than 99% of all other stocks. On top of that, OKLO also shows a nice and consistent pattern of rising prices.
OKLO is part of the Electric Utilities industry. There are 47 other stocks in this industry. OKLO outperforms 97% of them.
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.
OKLO has an average volume of 17095100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month OKLO has a been trading in the 61.01 - 85.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OKLO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 70.83, a Stop Loss order could be placed below this zone.
More info and screens
64.45
78.67
When analyzing the support we notice one important area.
- A support zone ranging from 65.10 to 65.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 70.38 to 70.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @75.50 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 76.80 to 77.89. This zone is formed by a combination of multiple trend lines 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 | 99.69 | POSITIVE | OKLO has a high relative strength, it outperformed 99.69% 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) | 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) | 51.07 | NEUTRAL | The RSI value for OKLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests OKLO has a negative trend. |
| Stochastics (14,3) | 57.11 | NEUTRAL | The Stochastics value for OKLO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.92 | HIGH VOLATILITY | The high ATR as a percentage value for OKLO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.6 | NEGATIVE | The low ADX value for OKLO 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 75.51 | 70.37 | 5.14 (6.81%) | 14.69% |
| An entry @75.51. This is a Buy Stop order right above the resistance zone. | An exit @70.37. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.14 points, which is 6.81%. | When investing 14.69% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of OKLO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
69.61
-2.62 (-3.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-3.63%
1 Week-2.8%
2 Weeks10.43%
1 Month-14.1%
3 Month43.63%
6 Month174.95%
12 Month1192.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.36
ATR(20)%7.92%
ATR Inc-16.73%
Range Today4.41
ADR(20)5.59
ADR(20)%8.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.69
Mansfield8.3
10 Day High79.79
10 Day Low61.01
20 Day High85.35
20 Day Low61.01
52 Week High85.35
52 Week Low5.35
CS1 End70.83
CR1 Start75.5
Volume & EV
DER(3)-1.41%
DER(5)0.24%
Volume9.14M
Volume Incr-19.46%
Vol(5)13.02M
Vol(50)17.10M