OLD SECOND BANCORP INC (OSBC) Technical Analysis
NASDAQ:OSBC • US6802771005
Current stock price
OSBC Technical Rating and Analysis
Taking everything into account, OSBC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OSBC is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that OSBC is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, OSBC also shows a nice and consistent pattern of rising prices.
- OSBC is part of the Banks industry. There are 377 other stocks in this industry. OSBC outperforms 72% of them.
- OSBC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month OSBC has a been trading in the 19.14 - 21.64 range, which is quite wide. It is currently trading near the high of this range.
OSBC Weekly and Daily overview Charts
OSBC Setup Rating and Analysis
Although OSBC has an excellent technical rating, it does not offer a high 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
OSBC Support and Resistance Analysis
15.29
We found 4 important support areas.
- A support zone ranging from 20.18 to 20.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.28 to 19.75. 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 @15.44 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.54 to 21.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for OSBC is up. |
| ChartMill Relative Strength | 79.28 | POSITIVE | OSBC has a high relative strength, it outperformed 79.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OSBC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OSBC is above the rising 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) | 71.65 | OVERBOUGHT | The high RSI value suggests OSBC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests OSBC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.96 | OVERBOUGHT | The high Stochastics value suggests OSBC may be overbought. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for OSBC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.27 | NEUTRAL | The ADX value for OSBC suggests a possible start of a new trend. |
OSBC Chart- and CandleStick Pattern Analysis
OSBC Technicals: Chart, Performance Metrics, Trend & Indicators
21.53
+0.22 (+1.03%)
OLD SECOND BANCORP INC / OSBC TA FAQ
What is the technical rating for OSBC stock?
ChartMill assigns a technical rating of 10 / 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 OLD SECOND BANCORP INC (OSBC) stock?
OLD SECOND BANCORP INC (OSBC) has an RSI value of 71.6508. This indicates that the stock is currently overbought.
What is the MACD signal for OLD SECOND BANCORP INC (OSBC) stock?
The MACD indicator for OLD SECOND BANCORP INC (OSBC) has a value of 0.188753, indicating a bearish trend.
Can you provide the buy/sell signal for OLD SECOND BANCORP INC?
The buy/sell signal for OLD SECOND BANCORP INC (OSBC) is buy as both the short term and long term trends are positive.