BLUE OWL CAPITAL INC (OWL) Stock Technical Analysis
NYSE:OWL - New York Stock Exchange, Inc. - US09581B1035 - Common Stock - Currency: USD
Taking everything into account, OWL scores 6 out of 10 in our technical rating. In the past year, OWL was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
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 OWL has a been trading in the 18.07 - 21.08 range, which is quite wide. It is currently trading near the high of this range.
OWL has an average volume of 7259360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, OWL turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
OWL is part of the Capital Markets industry. There are 234 other stocks in this industry, OWL did better than 61% of them.
OWL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OWL is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OWL has an average technical rating and it also does not offer a high 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
15.95
21.01
When analyzing the support we can see 4 important areas.
- A support zone ranging from 18.81 to 19.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.13 to 18.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.75 from a trend line in the weekly time frame.
- Support @16.11 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.62 to 20.80. 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 OWL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OWL is up. |
| ChartMill Relative Strength | 65.14 | NEUTRAL | OWL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OWL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OWL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of OWL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.96 | NEUTRAL | The RSI value for OWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests OWL has a positive trend. |
| Stochastics (14,3) | 88.82 | OVERBOUGHT | The high Stochastics value suggests OWL may be overbought. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for OWL suggests some volalility. |
| Average Directional Index/ADX (14) | 11.1 | NEGATIVE | The low ADX value for OWL suggests a weak or negative 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)
20.61
-0.19 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.91%
1 Week8.99%
2 Weeks5.31%
1 Month10.39%
3 Month18.38%
6 Month-15.12%
12 Month6.95%
2 Year67.29%
3 Year80.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%2.71%
ATR Inc32.51%
Range Today0.58
ADR(20)0.53
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.14
Mansfield-0.72
10 Day High21.08
10 Day Low18.81
20 Day High21.08
20 Day Low18.08
52 Week High26.73
52 Week Low14.55
CS1 End19.63
CR1 Start20.62
Volume & EV
DER(3)4.42%
DER(5)2.23%
Volume7.20M
Volume Incr35.42%
Vol(5)8.81M
Vol(50)7.26M