OCTAVE SPECIALTY GROUP INC (OSG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OSG - US0231398845 - Common Stock
Overall OSG gets a technical rating of 1 out of 10. In the last year, OSG was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, OSG is a bad performer in the overall market: 100% of all stocks are doing better.
- OSG is one of the lesser performing stocks in the Insurance industry. 90% of 146 stocks in the same industry do better.
- In the last month OSG has a been trading in the 6.17 - 8.72 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
The technical rating of OSG 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
6.25
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 | DOWN | NEGATIVE | The short term trend for OSG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | OSG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OSG is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 21.32 | OVERSOLD | The low RSI value suggests OSG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests OSG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.16 | OVERSOLD | The low Stochastics value suggests OSG may be oversold. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for OSG suggests high volalility. |
| Average Directional Index/ADX (14) | 42.24 | POSITIVE | The high ADX value value for OSG suggests a strong trend. |
6.31
+0.13 (+2.1%)
OCTAVE SPECIALTY GROUP INC / OSG FAQ
What is the ChartMill technical rating of OCTAVE SPECIALTY GROUP INC (OSG) stock?
ChartMill assigns a technical rating of 1 / 10 to OSG.
Can you provide the trend direction for OCTAVE SPECIALTY GROUP INC?
The current trend direction for OCTAVE SPECIALTY GROUP INC (OSG) is Bullish.
Can you provide the RSI signal for OCTAVE SPECIALTY GROUP INC?
OCTAVE SPECIALTY GROUP INC (OSG) has an RSI value of 21.3151. This indicates that the stock is currently oversold.
What is the MACD signal for OSG stock?
The MACD indicator for OCTAVE SPECIALTY GROUP INC (OSG) has a value of -0.313922, indicating a bearish trend.
What is the short term momentum for OSG stock?
The short term momentum for OCTAVE SPECIALTY GROUP INC (OSG) is negative.