OIL-DRI CORP OF AMERICA (ODC) Stock Technical Analysis
NYSE:ODC - New York Stock Exchange, Inc. - US6778641000 - Common Stock - Currency: USD
Taking everything into account, ODC scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ODC is showing a nice and steady performance.
Warning: ODC has an average volume of 29070 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, ODC did better than 88% of all other stocks.
ODC is one of the better performing stocks in the Household Products industry, it outperforms 100% of 12 stocks in the same industry.
ODC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ODC is lagging the market slightly.
In the last month ODC has a been trading in the 41.37 - 43.94 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ODC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 41.22, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
32.75
44.35
4 important support areas can be observed.
- A support zone ranging from 41.09 to 41.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.48 from a trend line in the daily time frame.
- Support @33.87 from a horizontal line in the daily time frame.
- Support @33.08 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 42.76 to 43.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 43.71 to 43.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.09
Mansfield0.88
10 Day High43.94
10 Day Low42.12
20 Day High43.94
20 Day Low41.37
52 Week High46.5
52 Week Low29.47
Performance
1 Week-1.93%
2 Weeks-0.67%
1 Month0.42%
3 Month20.95%
6 Month23.62%
12 Month27.98%
2 Year128.16%
3 Year176.55%
5 Year180.64%
10 Year181.2%
15 Year427.16%
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)-0.06
RSI(14)50.65
LBB42.11
UBB43.61
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 43.01 | 42.11 | 0.90 (2.09%) | 25.00% |
| An entry @43.01. This is a Buy Stop order right above the resistance zone. | An exit @42.11. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.90 points, which is 2.09%. | For a 0.52% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ODC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
42.7
-0.23 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryHousehold Products
Performance
% Chg-0.54%
1 Week-1.93%
2 Weeks-0.67%
1 Month0.42%
3 Month20.95%
6 Month23.62%
12 Month27.98%
2 Year128.16%
3 Year176.55%
5 Year180.64%
10 Year181.2%
15 Year427.16%
Volatility
ATR(14)0.81
ATR(20)%1.96%
ATR Inc11.65%
Range Today1.21
ADR(20)0.83
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.09
Mansfield0.88
10 Day High43.94
10 Day Low42.12
20 Day High43.94
20 Day Low41.37
52 Week High46.5
52 Week Low29.47
CS1 End41.22
CR1 Start42.76
Volume & EV
DER(3)-0.08%
DER(5)0.13%
Volume35.80K
Volume Incr-12.49%
Vol(5)23.54K
Vol(50)29.07K