Oak Street Health Inc (OSH) Stock Technical Analysis
NYSE:OSH - New York Stock Exchange, Inc. - US67181A1079 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to OSH. Both in the recent history as in the last year, OSH 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!
When comparing the yearly performance of all stocks, we notice that OSH is one of the better performing stocks in the market, outperforming 98% of all stocks.
OSH is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry. OSH outperforms 98% of them.
A new 52 week high is currently being made by OSH, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so OSH is leading the market.
OSH has an average volume of 5257280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month OSH has a been trading in a tight range between 38.70 and 39.00.
Considerably lower volume is observed in the last couple of days.
OSH has an excellent technical rating, but the quality of the setup is only medium 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
21.90
39.40
We found 2 important support areas.
- A support zone ranging from 34.56 to 35.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.12 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.01 to 39.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 OSH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OSH is up. |
| ChartMill Relative Strength | 98.49 | POSITIVE | OSH has a high relative strength, it outperformed 98.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OSH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OSH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OSH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.58 | OVERBOUGHT | The high RSI value suggests OSH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests OSH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 93.16 | OVERBOUGHT | The high Stochastics value suggests OSH may be overbought. |
| Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for OSH suggests low volalility. |
| Average Directional Index/ADX (14) | 49.19 | POSITIVE | The high ADX value value for OSH suggests a strong 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 |
|---|---|---|---|
| 39.02 | 38.84 | 0.18 (0.46%) | 25.00% |
| An entry @39.02. This is a Buy Stop order right above the resistance zone. | An exit @38.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.18 points, which is 0.46%. | For a 0.12% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
39
+0.03 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.08%
1 Week0.15%
2 Weeks0.36%
1 Month0.83%
3 Month46.51%
6 Month112.53%
12 Month124.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.12%
ATR Inc-24.32%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.49
Mansfield4.07
10 Day High39
10 Day Low38.85
20 Day High39
20 Day Low38.7
52 Week High39
52 Week Low13.29
CS1 End35.23
CR1 Start39.01
Volume & EV
DER(3)0.9%
DER(5)-1.39%
Volume2.86M
Volume Incr-66.38%
Vol(5)2.52M
Vol(50)5.26M