OSHKOSH CORP (OSK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OSK - US6882392011 - Common Stock
We assign a technical rating of 10 out of 10 to OSK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OSK is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that OSK is one of the better performing stocks in the market, outperforming 89% of all stocks.
- OSK is one of the better performing stocks in the Machinery industry, it outperforms 87% of 132 stocks in the same industry.
- OSK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month OSK has a been trading in the 125.51 - 155.71 range, which is quite wide. It is currently trading near the high of this range.
Although OSK has an excellent technical rating, the quality of the presented setup is not ideal 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
120.89
3 important support areas can be observed.
- A support zone ranging from 134.00 to 135.29. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 124.76 to 128.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 122.11 to 122.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | 89.61 | POSITIVE | OSK has a high relative strength, it outperformed 89.61% off all stocks 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) | UP | POSITIVE | The current price of OSK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.83 | OVERBOUGHT | The high RSI value suggests OSK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.62 | POSITIVE | The MACD value suggests OSK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.93 | OVERBOUGHT | The high Stochastics value suggests OSK may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for OSK suggests some volalility. |
| Average Directional Index/ADX (14) | 33.93 | POSITIVE | The high ADX value value for OSK suggests a strong trend. |
152.25
-1.11 (-0.72%)
OSHKOSH CORP / OSK FAQ
What is the ChartMill technical rating of OSHKOSH CORP (OSK) stock?
ChartMill assigns a technical rating of 10 / 10 to OSK.
Can you provide the trend direction for OSHKOSH CORP?
The current trend direction for OSHKOSH CORP (OSK) is Bullish.
What is the RSI signal for OSHKOSH CORP (OSK) stock?
OSHKOSH CORP (OSK) has an RSI value of 70.835. This indicates that the stock is currently overbought.
What is the short term momentum for OSK stock?
The short term momentum for OSHKOSH CORP (OSK) is positive.
What is the buy/sell signal for OSK stock?
The buy/sell signal for OSHKOSH CORP (OSK) is buy as both the short term and long term trends are positive.