OSCAR HEALTH INC - CLASS A (OSCR) Stock Technical Analysis
USA - NYSE:OSCR - US6877931096 - Common Stock
20.37 USD
-1.4 (-6.43%)
19.46 USD
-0.91 (-4.47%)
We assign a technical rating of 9 out of 10 to OSCR. Both in the recent history as in the last year, OSCR has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
OSCR is one of the better performing stocks in the Insurance industry, it outperforms 92% of 147 stocks in the same industry.
OSCR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OSCR is lagging the market slightly.
In the last month OSCR has a been trading in the 17.37 - 23.80 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
OSCR has an average volume of 18007400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that OSCR is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, OSCR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.59. Right above this resistance zone may be a good entry point.
More info and screens
13.66
21.88
6 important support areas can be observed.
- Support @19.62 from a trend line in the daily time frame.
- A support zone ranging from 18.42 to 18.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.76 from a horizontal line in the daily time frame.
- Support @15.19 from a trend line in the daily time frame.
- Support @14.92 from a trend line in the weekly time frame.
- Support @13.80 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.59 to 21.66. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for OSCR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OSCR is up. |
| ChartMill Relative Strength | 88.91 | POSITIVE | OSCR has a high relative strength, it outperformed 88.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OSCR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OSCR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OSCR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.4 | NEUTRAL | The RSI value for OSCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests OSCR has a negative trend. |
| Stochastics (14,3) | 41.55 | NEUTRAL | The Stochastics value for OSCR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.9 | HIGH VOLATILITY | The high ATR as a percentage value for OSCR suggests high volalility. |
| Average Directional Index/ADX (14) | 21.59 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.67 | 19.61 | 2.06 (9.51%) | 10.52% |
| An entry @21.67. This is a Buy Stop order right above the resistance zone. | An exit @19.61. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.06 points, which is 9.51%. | For a 1.00% total portfolio risk, you can invest 10.52% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of OSCR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
20.37
-1.4 (-6.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-6.43%
1 Week-1.45%
2 Weeks-6.56%
1 Month10.47%
3 Month40.97%
6 Month66.56%
12 Month25.82%
2 Year297.85%
3 Year446.11%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.83
ATR(20)%7.9%
ATR Inc16.77%
Range Today1.93
ADR(20)1.54
ADR(20)%7.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.91
3 months CRS93.62
6 months CRS90.08
Mansfield1.75
10 Day High22.3
10 Day Low18.67
20 Day High23.8
20 Day Low17.37
52 Week High23.8
52 Week Low11.2
CS1 End19.62
CR1 Start21.59
Volume & EV
DER(3)0.77%
DER(5)-0.44%
Volume14.16M
Volume Incr-16.52%
Vol(5)15.85M
Vol(50)18.01M