OLB GROUP INC (OLB) Stock Technical Analysis
NASDAQ:OLB - Nasdaq - US67086U4067 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to OLB. In the past year, OLB was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
OLB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OLB is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month OLB has a been trading in the 1.18 - 2.01 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, OLB turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
OLB is part of the Financial Services industry. There are 100 other stocks in this industry, OLB did better than 60% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OLB has an average technical rating and it also does not offer a high quality setup 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
1.83
1.87
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 | UP | POSITIVE | The short term trend for OLB is up. |
| ChartMill Relative Strength | 56.29 | NEUTRAL | OLB is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of OLB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OLB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.03 | OVERBOUGHT | The high RSI value suggests OLB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests OLB has a positive trend. |
| Stochastics (14,3) | 79.23 | NEUTRAL | The Stochastics value for OLB is a neutral value. |
| Average True Range in percent/ATR (20) | 10.02 | HIGH VOLATILITY | The high ATR as a percentage value for OLB suggests high volalility. |
| Average Directional Index/ADX (14) | 28.37 | POSITIVE | The high ADX value value for OLB 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)
1.85
+0.09 (+5.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg5.11%
1 Week42.09%
2 Weeks48%
1 Month31.21%
3 Month48%
6 Month1.4%
12 Month-45.45%
2 Year-70.89%
3 Year-82.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%10.02%
ATR Inc139.6%
Range Today0.33
ADR(20)0.18
ADR(20)%9.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.29
Mansfield-0.79
10 Day High2.01
10 Day Low1.2
20 Day High2.01
20 Day Low1.18
52 Week High4
52 Week Low1
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)4.26%
DER(5)9.61%
Volume366.10K
Volume Incr-70.25%
Vol(5)556.04K
Vol(50)864.11K