BLUE OWL CAPITAL INC (OWL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OWL - US09581B1035 - Common Stock
We assign a technical rating of 0 out of 10 to OWL. OWL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 89% of all other stocks performed better in the past year than OWL.
- OWL is one of the lesser performing stocks in the Capital Markets industry. 82% of 237 stocks in the same industry do better.
- OWL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month OWL has a been trading in the 13.92 - 16.16 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- OWL has an average volume of 13216600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of OWL 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
13.85
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 15.13 to 15.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.88 to 16.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.17 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 | DOWN | NEGATIVE | The long term trend for OWL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OWL is down. |
| ChartMill Relative Strength | 11.41 | NEGATIVE | OWL has a low relative strength, it was outperformed by 88.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OWL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OWL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OWL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.45 | NEUTRAL | The RSI value for OWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests OWL has a negative trend. |
| Stochastics (14,3) | 4.99 | OVERSOLD | The low Stochastics value suggests OWL may be oversold. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for OWL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.17 | NEGATIVE | The low ADX value for OWL suggests a weak or negative trend. |
13.99
-0.51 (-3.52%)
BLUE OWL CAPITAL INC / OWL FAQ
What is the technical rating for OWL stock?
ChartMill assigns a technical rating of 0 / 10 to OWL.
Can you provide the trend direction for BLUE OWL CAPITAL INC?
The current trend direction for BLUE OWL CAPITAL INC (OWL) is Bearish.
Can you provide the RSI signal for BLUE OWL CAPITAL INC?
BLUE OWL CAPITAL INC (OWL) has an RSI value of 33.4482. This indicates that the stock is currently neutral.
What is the short term momentum for BLUE OWL CAPITAL INC (OWL) stock?
The short term momentum for BLUE OWL CAPITAL INC (OWL) is negative.
What is the buy/sell signal for OWL stock?
The buy/sell signal for BLUE OWL CAPITAL INC (OWL) is sell as both the short term and long term trends are negative.