NYSE:OSG - New York Stock Exchange, Inc. - US69036R8631 - Common Stock - Currency: USD
Taking everything into account, OSG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, OSG has proven to be a steady performer, scoring decent points in every aspect analyzed.
OSG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.48, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
5.93
We found 4 important support areas.
We found 1 important resistance area.
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 OSG is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OSG is up. |
ChartMill Relative Strength | 97.43 | POSITIVE | OSG has a high relative strength, it outperformed 97.43% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OSG is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OSG is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OSG is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 79.32 | OVERBOUGHT | The high RSI value suggests OSG may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests OSG has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 82.22 | OVERBOUGHT | The high Stochastics value suggests OSG may be overbought. |
Average True Range in percent/ATR (20) | 0.24 | LOW VOLATILITY | The low ATR as a percentage value for OSG suggests low volalility. |
Average Directional Index/ADX (14) | 73.44 | POSITIVE | The high ADX value value for OSG suggests a strong trend. |
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 |
---|---|---|---|
8.51 | 8.44 | 0.07 (0.82%) | 25.00% |
An entry @8.51. This is a Buy Stop order right above the resistance zone. | An exit @8.44. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 0.82%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.21%. |
8.49
0 (0%)