OCTAVE SPECIALTY GROUP INC (OSG) Technical Analysis
NYSE:OSG • US0231398845
Current stock price
OSG Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to OSG. OSG performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 100% of all other stocks performed better in the past year than OSG.
- OSG is one of the lesser performing stocks in the Insurance industry. 87% of 148 stocks in the same industry do better.
- In the last month OSG has a been trading in the 4.97 - 5.88 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.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
OSG Weekly and Daily overview Charts
OSG Setup Rating and Analysis
OSG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for OSG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
OSG Support and Resistance Analysis
5.02
When analyzing the support we notice one important area.
- A support zone ranging from 5.07 to 5.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.35 to 5.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.61 from a horizontal line in the daily time frame.
OSG 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 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). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OSG is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 32.63 | NEUTRAL | The RSI value for OSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests OSG has a negative trend. |
| Stochastics (14,3) | 15.01 | OVERSOLD | The low Stochastics value suggests OSG may be oversold. |
| Average True Range in percent/ATR (20) | 5.33 | HIGH VOLATILITY | The high ATR as a percentage value for OSG suggests high volalility. |
| Average Directional Index/ADX (14) | 41.1 | POSITIVE | The high ADX value value for OSG suggests a strong trend. |
OSG Chart- and CandleStick Pattern Analysis
OSG Technicals: Chart, Performance Metrics, Trend & Indicators
5.08
-0.1 (-1.93%)
OCTAVE SPECIALTY GROUP INC / OSG TA 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 32.6306. This indicates that the stock is currently neutral.
What is the MACD signal for OSG stock?
The MACD indicator for OCTAVE SPECIALTY GROUP INC (OSG) has a value of -0.0168192, 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.