OSHKOSH CORP (OSK) Stock Technical Analysis
NYSE:OSK - New York Stock Exchange, Inc. - US6882392011 - Common Stock - Currency: USD
Overall OSK gets a technical rating of 7 out of 10. Although OSK is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, OSK is a bad performer in the overall market: 69% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
OSK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
OSK is an average performer in the Machinery industry, it outperforms 45% of 128 stocks in the same industry.
OSK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OSK is lagging the market slightly.
OSK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 101.38. Right above this resistance zone may be a good entry point.
More info and screens
89.16
117.18
3 important support areas can be observed.
- A support zone ranging from 100.21 to 100.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 95.41 to 97.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @90.06 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 101.38 to 102.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @112.15 from a trend line in the weekly time frame.
- A resistance zone ranging from 115.52 to 116.02. 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 OSK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OSK is up. |
| ChartMill Relative Strength | 31.28 | NEUTRAL | OSK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OSK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OSK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OSK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.65 | NEUTRAL | The RSI value for OSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests OSK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.88 | NEUTRAL | The Stochastics value for OSK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for OSK suggests some volalility. |
| Average Directional Index/ADX (14) | 21.78 | NEUTRAL | The ADX value for OSK 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 |
|---|---|---|---|
| 102.69 | 100.20 | 2.49 (2.42%) | 25.00% |
| An entry @102.69. This is a Buy Stop order right above the resistance zone. | An exit @100.20. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.49 points, which is 2.42%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%. |
- The distance between exit and entry is rather small compared to the average daily movement of OSK. 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.
100.36
+0.3 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.3%
1 Week1.91%
2 Weeks-0.47%
1 Month19.82%
3 Month-1.9%
6 Month-11.66%
12 Month-11.76%
2 Year35.93%
3 Year8.02%
5 Year39.74%
10 Year100.08%
15 Year182.47%
Volatility
ATR(14)2.6
ATR(20)%2.71%
ATR Inc-47.97%
Range Today1.54
ADR(20)2.26
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.28
Mansfield-0.43
10 Day High103.3
10 Day Low96.03
20 Day High103.3
20 Day Low84.29
52 Week High118.39
52 Week Low76.82
CS1 End100.36
CR1 Start101.38
Volume & EV
DER(3)2.81%
DER(5)2.29%
Volume615.26K
Volume Incr-37.85%
Vol(5)557.59K
Vol(50)794.49K