OLD SECOND BANCORP INC (OSBC) Technical Analysis
NASDAQ:OSBC • US6802771005
Current stock price
OSBC Technical Rating and Analysis
Taking everything into account, OSBC scores 2 out of 10 in our technical rating. In the last year, OSBC was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- In the last month OSBC has a been trading in the 18.91 - 20.73 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When compared to the yearly performance of all other stocks, OSBC outperforms 56% of them, which is more or less in line with the market.
- OSBC is part of the Banks industry. There are 381 other stocks in this industry, OSBC did better than 55% of them.
- OSBC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OSBC is lagging the market slightly.
OSBC Weekly and Daily overview Charts
OSBC Setup Rating and Analysis
Although the technical rating is bad, OSBC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 19.27, a Stop Loss order could be placed below this zone.
More info and screens
OSBC Support and Resistance Analysis
15.21
We found 4 important support areas.
- A support zone ranging from 19.27 to 19.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.10 from a horizontal line in the weekly time frame.
- Support @16.67 from a horizontal line in the daily time frame.
- Support @15.36 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 19.35 to 19.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.85 to 21.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.47 from a horizontal line in the daily time frame.
OSBC 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 | UP | POSITIVE | The long term trend for OSBC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OSBC is down. |
| ChartMill Relative Strength | 56.27 | NEUTRAL | OSBC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OSBC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OSBC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OSBC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.57 | NEUTRAL | The RSI value for OSBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests OSBC has a negative trend. |
| Stochastics (14,3) | 36.38 | NEUTRAL | The Stochastics value for OSBC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for OSBC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.13 | NEGATIVE | The low ADX value for OSBC suggests a weak or negative trend. |
OSBC Chart- and CandleStick Pattern Analysis
OSBC Technicals: Chart, Performance Metrics, Trend & Indicators
19.28
-0.27 (-1.38%)
OLD SECOND BANCORP INC / OSBC TA FAQ
What is the technical rating for OSBC stock?
ChartMill assigns a technical rating of 2 / 10 to OSBC.
Can you provide the trend direction for OLD SECOND BANCORP INC?
The current trend direction for OLD SECOND BANCORP INC (OSBC) is Bullish.
What is the RSI signal for OSBC stock?
OLD SECOND BANCORP INC (OSBC) has an RSI value of 39.5696. This indicates that the stock is currently neutral.
Can you provide the short term momentum for OLD SECOND BANCORP INC?
The short term momentum for OLD SECOND BANCORP INC (OSBC) is negative.
What are the support and resistance levels for OLD SECOND BANCORP INC (OSBC) stock?
OLD SECOND BANCORP INC (OSBC) has a support level at 19.27 and a resistance level at 19.35. Check the full technical report for our detailed analysis of OSBC support and resistance levels.