Oppenheimer Rus 1000 Quality Factor ETF (OQAL) Technical Analysis
NYSEARCA:OQAL
Current stock price
OQAL Technical Rating and Analysis
Overall OQAL gets a technical rating of 0 out of 10. OQAL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 69% of all other stocks performed better in the past year than OQAL.
- OQAL 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 OQAL is lagging the market.
- In the last month OQAL has a been trading in the 28.22 - 33.59 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.
- Warning: OQAL has an average volume of 420 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
OQAL Weekly and Daily overview Charts
OQAL Setup Rating and Analysis
The technical rating of OQAL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
OQAL Support and Resistance Analysis
27.99
We found 1 important support area.
- A support zone ranging from 28.27 to 28.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 31.48 to 32.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
OQAL Technical Indicator Signal Analysis
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 OQAL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OQAL is down. |
| ChartMill Relative Strength | 31.3 | NEUTRAL | OQAL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OQAL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OQAL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OQAL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.18 | OVERSOLD | The low RSI value suggests OQAL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.59 | NEGATIVE | The MACD value suggests OQAL has a negative trend. |
| Stochastics (14,3) | 2.48 | OVERSOLD | The low Stochastics value suggests OQAL may be oversold. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for OQAL suggests low volalility. |
OQAL Chart- and CandleStick Pattern Analysis
OQAL Technicals: Chart, Performance Metrics, Trend & Indicators
Oppenheimer Rus 1000 Quality Factor ETF
NYSEARCA:OQAL (2/14/2020, 8:04:06 PM)
28.39
-0.01 (-0.04%)
Oppenheimer Rus 1000 Quality Factor ETF / OQAL TA FAQ
Can you provide the ChartMill technical rating for Oppenheimer Rus 1000 Quality Factor ETF?
ChartMill assigns a technical rating of 0 / 10 to OQAL.
What is the trend direction for OQAL stock?
The current trend direction for Oppenheimer Rus 1000 Quality Factor ETF (OQAL) is Bearish.
What is the RSI signal for Oppenheimer Rus 1000 Quality Factor ETF (OQAL) stock?
Oppenheimer Rus 1000 Quality Factor ETF (OQAL) has an RSI value of 23.1773. This indicates that the stock is currently oversold.
What is the MACD signal for Oppenheimer Rus 1000 Quality Factor ETF (OQAL) stock?
The MACD indicator for Oppenheimer Rus 1000 Quality Factor ETF (OQAL) has a value of -0.589392, indicating a bearish trend.
What is the support and resistance level for OQAL stock?
Oppenheimer Rus 1000 Quality Factor ETF (OQAL) has a support level at 28.38 and a resistance level at 31.48. Check the full technical report for our detailed analysis of OQAL support and resistance levels.