BLUE OWL TECHNOLOGY FINANCE (OTF) Technical Analysis
NYSE:OTF • US0959241060
Current stock price
OTF Technical Rating and Analysis
Overall OTF gets a technical rating of 2 out of 10. OTF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, OTF is a bad performer in the overall market: 100% of all stocks are doing better.
- OTF is part of the Capital Markets industry. There are 242 other stocks in this industry, of which 87% are performing better than OTF.
- In the last month OTF has a been trading in the 10.91 - 12.75 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- OTF has an average volume of 2378630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OTF Weekly and Daily overview Charts
OTF Setup Rating and Analysis
OTF has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 12.51. Right above this resistance zone may be a good entry point.
More info and screens
OTF Support and Resistance Analysis
11.03
We found 1 important support area.
- A support zone ranging from 11.14 to 11.14. 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 12.51 to 12.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.09 to 14.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @14.71 from a horizontal line in the daily time frame.
OTF 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 | NEUTRAL | NEUTRAL | The long term trend for OTF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OTF is neutral. |
| 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) | UP | POSITIVE | The current price of OTF is above the rising 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) | 54.48 | NEUTRAL | The RSI value for OTF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests OTF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.44 | OVERBOUGHT | The high Stochastics value suggests OTF may be overbought. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for OTF suggests some volalility. |
| Average Directional Index/ADX (14) | 21.98 | NEUTRAL | The ADX value for OTF suggests a possible start of a new trend. |
OTF Chart- and CandleStick Pattern Analysis
OTF Technicals: Chart, Performance Metrics, Trend & Indicators
12.5
-0.15 (-1.19%)
BLUE OWL TECHNOLOGY FINANCE / OTF TA FAQ
What is the technical rating for OTF stock?
ChartMill assigns a technical rating of 2 / 10 to OTF.
What is the trend direction for OTF stock?
The current trend direction for BLUE OWL TECHNOLOGY FINANCE (OTF) is Bearish.
What is the RSI signal for OTF stock?
BLUE OWL TECHNOLOGY FINANCE (OTF) has an RSI value of 54.476. This indicates that the stock is currently neutral.
What is the short term momentum for OTF stock?
The short term momentum for BLUE OWL TECHNOLOGY FINANCE (OTF) is neutral.