OFG BANCORP (OFG)

PR67103X1020 - Common Stock

41.81  +0.81 (+1.98%)

After market: 41.81 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to OFG. OFG 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.

OFG is part of the Banks industry. There are 406 other stocks in this industry, of which 65% are performing better than OFG.
In the last month OFG has a been trading in the 40.65 - 47.66 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, OFG turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
OFG 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 OFG is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
OFG Weekly chart
OFG Daily chart
Setup Rating and Analysis

3

The technical rating of OFG 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.

Support and Resistance Analysis

35.02

47.32

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 40.61 to 40.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 38.96 to 38.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @35.37 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 43.15 to 43.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 46.51 to 46.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.6
Mansfield-0.37
10 Day High45.12
10 Day Low40.65
20 Day High47.66
20 Day Low40.65
52 Week High47.66
52 Week Low33.19
Performance
1 Week-4.24%
2 Weeks-6.65%
1 Month-5.85%
3 Month-6.42%
6 Month14.67%
12 Month10.76%
2 Year51.71%
3 Year57.42%
5 Year77.09%
10 Year151.11%
15 Year287.13%
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)-0.48
RSI(14)38.45
LBB40.92
UBB46.48
OFG Daily chart

OFG BANCORP

NYSE:OFG (12/20/2024, 8:04:00 PM)

After market: 41.81 0 (0%)

41.81

+0.81 (+1.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.98%
1 Week-4.24%
2 Weeks-6.65%
1 Month-5.85%
3 Month-6.42%
6 Month14.67%
12 Month10.76%
2 Year51.71%
3 Year57.42%
5 Year77.09%
10 Year151.11%
15 Year287.13%
Volatility
ATR(14)1.13
ATR(20)%2.8%
ATR Inc57.78%
Range Today1.73
ADR(20)1.13
ADR(20)%2.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.6
Mansfield-0.37
10 Day High45.12
10 Day Low40.65
20 Day High47.66
20 Day Low40.65
52 Week High47.66
52 Week Low33.19
CS1 End40.61
CR1 Start43.15
Volume & EV
DER(3)-3.06%
DER(5)-1.04%
Volume1.92M
Volume Incr202.24%
Vol(5)684.86K
Vol(50)334.35K