OBSIDIAN ENERGY LTD (OBE) Stock Technical Analysis
NYSEARCA:OBE - NYSE Arca - CA6744822033 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to OBE. OBE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, OBE is a bad performer in the overall market: 72% of all stocks are doing better.
OBE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month OBE has a been trading in the 4.97 - 6.18 range, which is quite wide. It is currently trading near the high of this range.
OBE is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 51% of 210 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OBE has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.89
8.85
We found 2 important support areas.
- A support zone ranging from 5.15 to 5.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.94 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @6.05 from a horizontal line in the weekly time frame.
- Resistance @6.15 from a horizontal line in the daily time frame.
- Resistance @8.76 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.06
Mansfield-1.67
10 Day High6.18
10 Day Low5.09
20 Day High6.18
20 Day Low4.97
52 Week High9.07
52 Week Low4.87
Performance
1 Week12.81%
2 Weeks15.19%
1 Month9.51%
3 Month1.87%
6 Month-13.44%
12 Month-13.56%
2 Year-15.4%
3 Year-29.36%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)63.21
LBB4.84
UBB6
5.99
-0.15 (-2.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.44%
1 Week12.81%
2 Weeks15.19%
1 Month9.51%
3 Month1.87%
6 Month-13.44%
12 Month-13.56%
2 Year-15.4%
3 Year-29.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%3.98%
ATR Inc112.46%
Range Today0.21
ADR(20)0.22
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.06
Mansfield-1.67
10 Day High6.18
10 Day Low5.09
20 Day High6.18
20 Day Low4.97
52 Week High9.07
52 Week Low4.87
CS1 End5.17
CR1 Start6.05
Volume & EV
DER(3)4.2%
DER(5)2.81%
Volume609.20K
Volume Incr28.39%
Vol(5)572.36K
Vol(50)442.25K