OAK VALLEY BANCORP (OVLY) Stock Technical Analysis
NASDAQ:OVLY - Nasdaq - US6718071052 - Common Stock - Currency: USD
Taking everything into account, OVLY scores 2 out of 10 in our technical rating. In the last year, OVLY was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
61% of all other stocks performed better in the past year than OVLY.
OVLY is part of the Banks industry. There are 392 other stocks in this industry, of which 69% are performing better than OVLY.
In the last month OVLY has a been trading in the 25.90 - 29.16 range, which is quite wide. It is currently trading near the lows of this range.
Warning: OVLY has an average volume of 16112 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
OVLY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OVLY is lagging the market.
The technical rating of OVLY 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
22.89
29.09
When analyzing the support we can see 3 important areas.
- Support @24.82 from a horizontal line in the daily time frame.
- Support @24.36 from a trend line in the weekly time frame.
- A support zone ranging from 23.12 to 23.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 26.71 to 27.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.13 to 28.80. 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 | NEUTRAL | NEUTRAL | The long term trend for OVLY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OVLY is down. |
| ChartMill Relative Strength | 39.93 | NEUTRAL | OVLY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OVLY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OVLY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OVLY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.68 | NEUTRAL | The RSI value for OVLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests OVLY has a negative trend. |
| Stochastics (14,3) | 18.28 | OVERSOLD | The low Stochastics value suggests OVLY may be oversold. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for OVLY suggests some volalility. |
| Average Directional Index/ADX (14) | 22.69 | NEUTRAL | The ADX value for OVLY 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)
26.2
-0.35 (-1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.32%
1 Week-3.18%
2 Weeks-6.09%
1 Month-4.66%
3 Month2.99%
6 Month1.16%
12 Month-0.68%
2 Year4.34%
3 Year44.83%
5 Year94.07%
10 Year170.1%
15 Year378.98%
Volatility
ATR(14)0.59
ATR(20)%2.54%
ATR Inc-28.07%
Range Today0.42
ADR(20)0.65
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.93
Mansfield-0.88
10 Day High28.24
10 Day Low25.9
20 Day High29.17
20 Day Low25.9
52 Week High32.24
52 Week Low22.7
CS1 End24.82
CR1 Start26.71
Volume & EV
DER(3)-7.72%
DER(5)-2.87%
Volume9.55K
Volume Incr-42.09%
Vol(5)12.53K
Vol(50)16.11K