OCONEE FEDERAL FINANCIAL COR (OFED) Stock Technical Analysis
NASDAQ:OFED - Nasdaq - US6756071055 - Common Stock - Currency: USD
Taking everything into account, OFED scores 0 out of 10 in our technical rating. OFED 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 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, OFED is a bad performer in the overall market: 93% of all stocks are doing better.
OFED is one of the lesser performing stocks in the Banks industry. 97% of 398 stocks in the same industry do better.
OFED is currently trading near the lower end of its 52 week range, which is not a good sign. But, the S&P500 Index is also trading in the lower part of its yearly range, so OFED is not an exception.
In the last month OFED has a been trading in the 13.52 - 16.01 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.
Warning: OFED has an average volume of 3450 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of OFED 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
13.38
27.27
8 important resistance areas can be observed.
- Resistance @15.21 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 15.50 to 15.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 15.78 to 16.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.63 from a trend line in the daily time frame.
- Resistance @21.62 from a horizontal line in the daily time frame.
- Resistance @25.51 from a trend line in the weekly time frame.
- A resistance zone ranging from 26.30 to 26.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.00 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
CRS7.92
Mansfield-4.29
10 Day High15.9
10 Day Low13.52
20 Day High16.01
20 Day Low13.52
52 Week High27
52 Week Low13.35
Performance
1 Week-10.46%
2 Weeks-7.71%
1 Month-4.45%
3 Month-34.21%
6 Month-40.36%
12 Month-48.59%
2 YearN/A
3 YearN/A
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)0.02
RSI(14)35.56
LBB13.99
UBB15.79
NASDAQ:OFED (7/31/2023, 8:00:02 PM)
13.52
-1.61 (-10.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-10.61%
1 Week-10.46%
2 Weeks-7.71%
1 Month-4.45%
3 Month-34.21%
6 Month-40.36%
12 Month-48.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%5.15%
ATR Inc80.35%
Range Today1.73
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.92
Mansfield-4.29
10 Day High15.9
10 Day Low13.52
20 Day High16.01
20 Day Low13.52
52 Week High27
52 Week Low13.35
CS1 EndN/A
CR1 Start15.21
Volume & EV
DER(3)-4.49%
DER(5)-8.29%
Volume6.40K
Volume Incr5.68%
Vol(5)3.72K
Vol(50)3.45K