BLUE OWL CAPITAL INC (OWL) Stock Technical Analysis
NYSE:OWL • US09581B1035
We assign a technical rating of 0 out of 10 to OWL. OWL'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, OWL is a bad performer in the overall market: 92% of all stocks are doing better.
- OWL is part of the Capital Markets industry. There are 238 other stocks in this industry, of which 82% are performing better than OWL.
- OWL is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month OWL has a been trading in the 10.08 - 15.01 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- OWL has an average volume of 21137900 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
10.62
4 important resistance areas can be observed.
- Resistance @14.67 from a trend line in the weekly time frame.
- Resistance @14.92 from a trend line in the daily time frame.
- A resistance zone ranging from 15.88 to 15.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 | 8.27 | NEGATIVE | OWL has a low relative strength, it was outperformed by 91.73% 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) | 28.18 | OVERSOLD | The low RSI value suggests OWL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests OWL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.78 | OVERSOLD | The low Stochastics value suggests OWL may be oversold. |
| Average True Range in percent/ATR (20) | 7.19 | HIGH VOLATILITY | The high ATR as a percentage value for OWL suggests high volalility. |
| Average Directional Index/ADX (14) | 48.73 | POSITIVE | The high ADX value value for OWL suggests a strong trend. |
10.73
+0.29 (+2.78%)
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 28.1785. This indicates that the stock is currently oversold.
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.