BANK OZK (OZK) Stock Technical Analysis
NASDAQ:OZK - Nasdaq - US06417N1037 - Common Stock - Currency: USD
Taking everything into account, OZK scores 4 out of 10 in our technical rating. OZK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
OZK has an average volume of 1089120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, OZK turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
OZK is an average performer in the Banks industry, it outperforms 52% of 395 stocks in the same industry.
OZK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OZK is lagging the market slightly.
In the last month OZK has a been trading in the 43.28 - 46.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, OZK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 44.07, a Stop Loss order could be placed below this zone.
More info and screens
37.47
47.41
When analyzing the support we can see 2 important areas.
- A support zone ranging from 43.54 to 44.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 37.85 to 38.34. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 44.54 to 45.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.93 to 46.94. 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 OZK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OZK is neutral. |
| ChartMill Relative Strength | 68.69 | NEUTRAL | OZK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OZK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OZK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of OZK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.64 | NEUTRAL | The RSI value for OZK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests OZK has a negative trend. |
| Stochastics (14,3) | 39.69 | NEUTRAL | The Stochastics value for OZK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for OZK suggests some volalility. |
| Average Directional Index/ADX (14) | 18.28 | NEGATIVE | The low ADX value for OZK 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)
44.42
-0.44 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.98%
1 Week-4.23%
2 Weeks-1.4%
1 Month-4.62%
3 Month0.25%
6 Month1.35%
12 Month14.6%
2 Year10.61%
3 Year18.36%
5 Year89.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.95
ATR(20)%2.17%
ATR Inc-10%
Range Today0.92
ADR(20)0.91
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.69
Mansfield-0.44
10 Day High46.74
10 Day Low44.1
20 Day High46.74
20 Day Low43.28
52 Week High53.64
52 Week Low35.71
CS1 End44.07
CR1 Start44.54
Volume & EV
DER(3)1.19%
DER(5)2.48%
Volume655.34K
Volume Incr-16.96%
Vol(5)572.63K
Vol(50)1.09M