OLB GROUP INC (OLB) Stock Technical Analysis
NASDAQ:OLB - US67086U4067 - Common Stock
1.04 USD
-0.03 (-2.8%)
1.07 USD
+0.03 (+2.88%)
We assign a technical rating of 0 out of 10 to OLB. OLB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
96% of all other stocks performed better in the past year than OLB.
OLB is part of the Financial Services industry. There are 100 other stocks in this industry, of which 88% are performing better than OLB.
OLB is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month OLB has a been trading in the 0.95 - 1.70 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of OLB is bad and it also does not present a 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
1.02
2.08
We found 1 important support area.
- A support zone ranging from 1.03 to 1.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @2.06 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 | DOWN | NEGATIVE | The long term trend for OLB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OLB is down. |
| ChartMill Relative Strength | 4.2 | NEGATIVE | OLB has a low relative strength, it was outperformed by 95.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OLB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OLB is below 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) | 22.22 | OVERSOLD | The low RSI value suggests OLB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests OLB has a negative trend. |
| Stochastics (14,3) | 9.73 | OVERSOLD | The low Stochastics value suggests OLB may be oversold. |
| Average True Range in percent/ATR (20) | 12.24 | HIGH VOLATILITY | The high ATR as a percentage value for OLB suggests high volalility. |
| Average Directional Index/ADX (14) | 24.59 | NEUTRAL | The ADX value for OLB suggests a possible start of a new 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)
1.04
-0.03 (-2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-2.8%
1 Week-24.64%
2 Weeks-33.76%
1 Month-35.2%
3 Month-21.13%
6 Month-17.46%
12 Month-59.85%
2 Year-84.02%
3 Year-93.42%
5 Year-97.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%12.24%
ATR Inc-24.91%
Range Today0.11
ADR(20)0.13
ADR(20)%12.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.2
Mansfield-4.5
10 Day High1.63
10 Day Low0.95
20 Day High1.7
20 Day Low0.95
52 Week High3.27
52 Week Low0.95
CS1 End1.03
CR1 Start2.06
Volume & EV
DER(3)-3.55%
DER(5)-1.05%
Volume308.20K
Volume Incr10.12%
Vol(5)220.10K
Vol(50)191.37K