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OFG BANCORP (OFG) Stock Technical Analysis

NYSE:OFG - New York Stock Exchange, Inc. - PR67103X1020 - Common Stock

45.52  +0.78 (+1.74%)

Technical Rating and Analysis

5

Taking everything into account, OFG scores 5 out of 10 in our technical rating. In the past year, OFG was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
OFG 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 OFG is lagging the market slightly.
In the last month OFG has a been trading in the 39.71 - 45.46 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, OFG did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
OFG is part of the Banks industry. There are 405 other stocks in this industry, OFG did better than 69% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
OFG BANCORP / OFG Weekly stock chart
OFG BANCORP / OFG Daily stock chart
Setup Rating and Analysis

3

OFG has an average technical rating and it also does not offer a high 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

We found 4 important support areas.

  • A support zone ranging from 42.50 to 43.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 40.67 to 41.11. 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.

When analyzing the resistance we notice one important area.

  • 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
CRS77.73
Mansfield0.15
10 Day High45.46
10 Day Low39.71
20 Day High45.46
20 Day Low39.71
52 Week High47.66
52 Week Low33.19
Performance
1 Week9.23%
2 Weeks5.54%
1 Month8.59%
3 Month14.81%
6 Month-3.78%
12 Month17.83%
2 Year58.04%
3 Year61.69%
5 Year126.99%
10 Year177.89%
15 Year293.15%
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)0.34
RSI(14)60.87
LBB40.24
UBB44.73
OFG BANCORP / OFG Daily stock chart

OFG BANCORP

NYSE:OFG (1/22/2025, 10:46:14 AM)

45.52

+0.78 (+1.74%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.74%
1 Week9.23%
2 Weeks5.54%
1 Month8.59%
3 Month14.81%
6 Month-3.78%
12 Month17.83%
2 Year58.04%
3 Year61.69%
5 Year126.99%
10 Year177.89%
15 Year293.15%
Volatility
ATR(14)1.22
ATR(20)%2.75%
ATR Inc0.25%
Range Today0.96
ADR(20)1.14
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.73
Mansfield0.15
10 Day High45.46
10 Day Low39.71
20 Day High45.46
20 Day Low39.71
52 Week High47.66
52 Week Low33.19
CS1 End43.72
CR1 Start46.51
Volume & EV
DER(3)0.77%
DER(5)1.6%
Volume84.06K
Volume Incr-15.47%
Vol(5)305.64K
Vol(50)308.55K