OSCAR HEALTH INC - CLASS A (OSCR) Stock Technical Analysis
NYSE:OSCR - New York Stock Exchange, Inc. - US6877931096 - Common Stock - Currency: USD
Taking everything into account, OSCR scores 3 out of 10 in our technical rating. OSCR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
OSCR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month OSCR has a been trading in the 14.13 - 22.78 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
OSCR is one of the better performing stocks in the Insurance industry, it outperforms 72% of 145 stocks in the same industry.
OSCR has an average volume of 20198800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, OSCR turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
The technical rating of OSCR 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
13.11
21.25
We found 3 important support areas.
- A support zone ranging from 14.37 to 14.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.80 from a horizontal line in the daily time frame.
- Support @13.24 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @21.04 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 | NEUTRAL | NEUTRAL | The long term trend for OSCR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OSCR is down. |
| ChartMill Relative Strength | 63.27 | NEUTRAL | OSCR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OSCR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OSCR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OSCR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.78 | NEUTRAL | The RSI value for OSCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.59 | NEGATIVE | The MACD value suggests OSCR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.39 | OVERSOLD | The low Stochastics value suggests OSCR may be oversold. |
| Average True Range in percent/ATR (20) | 11.65 | HIGH VOLATILITY | The high ATR as a percentage value for OSCR suggests high volalility. |
| Average Directional Index/ADX (14) | 20.3 | NEUTRAL | The ADX value for OSCR 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)
14.92
-0.16 (-1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.06%
1 Week-9.85%
2 Weeks-30.41%
1 Month6.95%
3 Month24.02%
6 Month-6.16%
12 Month-2.16%
2 Year98.4%
3 Year176.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.52
ATR(20)%11.65%
ATR Inc-34.72%
Range Today1.13
ADR(20)1.45
ADR(20)%9.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.27
Mansfield-1.29
10 Day High22.09
10 Day Low14.13
20 Day High22.78
20 Day Low14.13
52 Week High23.79
52 Week Low11.2
CS1 End14.37
CR1 Start21.04
Volume & EV
DER(3)-0.09%
DER(5)-1.31%
Volume30.72M
Volume Incr36.79%
Vol(5)37.58M
Vol(50)20.20M