BANK OZK (OZK) Technical Analysis
NASDAQ:OZK • US06417N1037
Current stock price
OZK Technical Rating and Analysis
Taking everything into account, OZK scores 0 out of 10 in our technical rating. OZK 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.
- When comparing the yearly performance of all stocks, OZK is a bad performer in the overall market: 73% of all stocks are doing better.
- OZK is one of the lesser performing stocks in the Banks industry. 84% of 381 stocks in the same industry do better.
- In the last month OZK has a been trading in the 42.99 - 50.34 range, which is quite wide. It is currently trading near the lows of this range.
- OZK has an average volume of 1380940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
OZK Weekly and Daily overview Charts
OZK Setup Rating and Analysis
The technical rating of OZK 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
OZK Support and Resistance Analysis
42.96
When analyzing the support we notice one important area.
- Support @43.39 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 47.07 to 47.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 49.83 to 49.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 51.98 to 52.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
OZK Technical Indicator Signal Analysis
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 OZK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OZK is down. |
| ChartMill Relative Strength | 27.53 | NEGATIVE | OZK has a low relative strength, it was outperformed by 72.47% off all stocks 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) | DOWN | NEGATIVE | The current price of OZK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OZK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.55 | OVERSOLD | The low RSI value suggests OZK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.51 | NEGATIVE | The MACD value suggests OZK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.84 | OVERSOLD | The low Stochastics value suggests OZK may be oversold. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for OZK suggests some volalility. |
| Average Directional Index/ADX (14) | 24.76 | NEUTRAL | The ADX value for OZK suggests a possible start of a new trend. |
OZK Chart- and CandleStick Pattern Analysis
OZK Technicals: Chart, Performance Metrics, Trend & Indicators
43.4
-0.44 (-1%)
BANK OZK / OZK TA FAQ
What is the ChartMill technical rating of BANK OZK (OZK) stock?
ChartMill assigns a technical rating of 0 / 10 to OZK.
What is the current trend direction of BANK OZK (OZK) stock?
The current trend direction for BANK OZK (OZK) is Bearish.
Can you provide the RSI signal for BANK OZK?
BANK OZK (OZK) has an RSI value of 28.5463. This indicates that the stock is currently oversold.
Can you provide the MACD signal for BANK OZK?
The MACD indicator for BANK OZK (OZK) has a value of -0.507485, indicating a bearish trend.
Can you provide the support and resistance levels for BANK OZK?
BANK OZK (OZK) has a support level at 43.39 and a resistance level at 47.07. Check the full technical report for our detailed analysis of OZK support and resistance levels.