BLUE OWL TECHNOLOGY FINANCE (OTF) Stock Technical Analysis
USA - NYSE:OTF - US0959241060 - Common Stock
We assign a technical rating of 1 out of 10 to OTF. In the last year, OTF was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of OTF 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
13.10
We found 1 important support area.
- A support zone ranging from 13.23 to 13.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 14.06 to 14.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.72 from a horizontal line in the daily time frame.
- Resistance @15.75 from a horizontal line 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 OTF is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OTF is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | OTF 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 OTF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OTF is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 36.33 | NEUTRAL | The RSI value for OTF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests OTF has a negative trend. |
| Stochastics (14,3) | 16.63 | OVERSOLD | The low Stochastics value suggests OTF may be oversold. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for OTF suggests some volalility. |
| Average Directional Index/ADX (14) | 23.63 | NEUTRAL | The ADX value for OTF suggests a possible start of a new trend. |
13.24
-0.08 (-0.6%)
BLUE OWL TECHNOLOGY FINANCE / OTF FAQ
What is the technical rating for OTF stock?
ChartMill assigns a technical rating of 1 / 10 to OTF.
What is the current trend direction of BLUE OWL TECHNOLOGY FINANCE (OTF) stock?
The current trend direction for BLUE OWL TECHNOLOGY FINANCE (OTF) is Bullish.
What is the RSI signal for BLUE OWL TECHNOLOGY FINANCE (OTF) stock?
BLUE OWL TECHNOLOGY FINANCE (OTF) has an RSI value of 36.3321. This indicates that the stock is currently neutral.
What is the short term momentum for BLUE OWL TECHNOLOGY FINANCE (OTF) stock?
The short term momentum for BLUE OWL TECHNOLOGY FINANCE (OTF) is negative.
Can you provide the buy/sell signal for BLUE OWL TECHNOLOGY FINANCE?
The buy/sell signal for BLUE OWL TECHNOLOGY FINANCE (OTF) is hold as the short term and long term trends are mixed.