OXBRIDGE RE HOLDINGS LTD (OXBR) Stock Technical Analysis
NASDAQ:OXBR - Nasdaq - KYG6856M1069 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to OXBR. OXBR'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, OXBR is a bad performer in the overall market: 92% of all stocks are doing better.
OXBR is part of the Insurance industry. There are 143 other stocks in this industry, of which 92% are performing better than OXBR.
OXBR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so OXBR is lagging the market.
In the last month OXBR has a been trading in the 1.45 - 2.19 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.
OXBR has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.34
1.88
We found 2 important support areas.
- Support @1.53 from a horizontal line in the daily time frame.
- Support @1.35 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.70 to 1.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.86 from a trend 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 OXBR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OXBR is neutral. |
| ChartMill Relative Strength | 8.07 | NEGATIVE | OXBR has a low relative strength, it was outperformed by 91.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OXBR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OXBR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OXBR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.71 | NEUTRAL | The RSI value for OXBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests OXBR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.92 | OVERSOLD | The low Stochastics value suggests OXBR may be oversold. |
| Average True Range in percent/ATR (20) | 16.72 | HIGH VOLATILITY | The high ATR as a percentage value for OXBR suggests high volalility. |
| Average Directional Index/ADX (14) | 18.75 | NEGATIVE | The low ADX value for OXBR 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)
1.59
-0.12 (-7.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-7.02%
1 Week-18.57%
2 Weeks-1.72%
1 Month18.75%
3 Month-47.38%
6 Month-54.4%
12 Month-21.56%
2 Year-4.99%
3 Year-48.8%
5 Year22.14%
10 Year-71.74%
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%16.72%
ATR Inc-23.36%
Range Today0.1
ADR(20)0.28
ADR(20)%17.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.07
Mansfield-4.2
10 Day High2.19
10 Day Low1.45
20 Day High2.19
20 Day Low1.45
52 Week High5.81
52 Week Low1.27
CS1 End1.53
CR1 Start1.72
Volume & EV
DER(3)1.64%
DER(5)1.98%
Volume1.63K
Volume Incr-24.29%
Vol(5)105.88K
Vol(50)74.71K