OLB GROUP INC (OLB) Stock Technical Analysis
USA - NASDAQ:OLB - US67086U4067 - Common Stock
1.38 USD
-0.08 (-5.48%)
1.39 USD
+0.01 (+0.72%)
Overall OLB gets a technical rating of 2 out of 10. OLB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
92% of all other stocks performed better in the past year than OLB.
OLB is part of the Financial Services industry. There are 99 other stocks in this industry, of which 85% are performing better than OLB.
OLB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month OLB has a been trading in the 1.10 - 1.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
OLB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for OLB in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.03
1.94
We found 3 important support areas.
- A support zone ranging from 1.33 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.23 from a trend line in the daily time frame.
- A support zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @1.39 from a horizontal line in the weekly time frame.
- Resistance @1.51 from a horizontal line in the daily time frame.
- Resistance @1.92 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for OLB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OLB is neutral. |
| ChartMill Relative Strength | 8.25 | NEGATIVE | OLB has a low relative strength, it was outperformed by 91.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OLB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OLB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OLB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.83 | NEUTRAL | The RSI value for OLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests OLB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.62 | OVERBOUGHT | The high Stochastics value suggests OLB may be overbought. |
| Average True Range in percent/ATR (20) | 7.39 | HIGH VOLATILITY | The high ATR as a percentage value for OLB suggests high volalility. |
| Average Directional Index/ADX (14) | 12.91 | NEGATIVE | The low ADX value for OLB 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)
1.38
-0.08 (-5.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-5.48%
1 Week-0.72%
2 Weeks13.11%
1 Month6.15%
3 Month-12.66%
6 Month30.81%
12 Month-41.53%
2 Year-75.47%
3 Year-86.86%
5 Year-96.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%7.39%
ATR Inc33.35%
Range Today0.19
ADR(20)0.1
ADR(20)%7.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.25
Mansfield-1.97
10 Day High1.53
10 Day Low1.21
20 Day High1.53
20 Day Low1.1
52 Week High2.77
52 Week Low0.95
CS1 End1.33
CR1 Start1.39
Volume & EV
DER(3)2.29%
DER(5)6.59%
Volume122.80K
Volume Incr130.81%
Vol(5)140.46K
Vol(50)101.02K