OAK VALLEY BANCORP (OVLY)

US6718071052 - Common Stock

24.73  +0.02 (+0.08%)

After market: 24.73 0 (0%)

Technical Rating and Analysis

5

Taking everything into account, OVLY scores 5 out of 10 in our technical rating. In the past year, OVLY was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

OVLY is part of the Banks industry. There are 411 other stocks in this industry, of which 74% are performing better than OVLY.
OVLY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: OVLY has an average volume of 10102 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month OVLY has a been trading in the 23.03 - 25.09 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, OVLY turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
Weekly and Daily overview Charts
OVLY Weekly chart
OVLY Daily chart
Setup Rating and Analysis

9

Although the technical rating is only medium, OVLY does present a nice setup opportunity. 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 24.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.52, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

22.57

25.49

2 important support areas can be observed.

  • A support zone ranging from 24.02 to 24.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 22.80 to 23.53. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 24.77 to 25.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.18
Mansfield-1.51
10 Day High25
10 Day Low23.03
20 Day High25.09
20 Day Low23.03
52 Week High30.7
52 Week Low22.49
Performance
1 Week4.13%
2 Weeks-0.48%
1 Month1.77%
3 Month-1.2%
6 Month-6.25%
12 Month5.68%
2 Year45.47%
3 Year30.85%
5 Year31.47%
10 Year149.04%
15 Year534.1%
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)54.9
LBB23.22
UBB25.3
OVLY Daily chart

OAK VALLEY BANCORP

NASDAQ:OVLY (5/17/2024, 7:18:19 PM)

After market: 24.73 0 (0%)

24.73

+0.02 (+0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.08%
1 Week4.13%
2 Weeks-0.48%
1 Month1.77%
3 Month-1.2%
6 Month-6.25%
12 Month5.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.62
ATR(20)%2.78%
ATR Inc
Range Today0.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High25
10 Day Low23.03
20 Day High25.09
20 Day Low23.03
52 Week High30.7
52 Week Low22.49
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.90K
Volume Incr44.72%
Vol(5)12.96K
Vol(50)10.10K