OVERSEAS SHIPHOLDING GROUP-A (OSG)
US69036R8631 - Common Stock
We assign a technical rating of 10 out of 10 to OSG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OSG is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, OSG did better than 97% of all other stocks. On top of that, OSG also shows a nice and consistent pattern of rising prices.
OSG is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry. OSG outperforms 99% of them.
A new 52 week high is currently being made by OSG, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so OSG is leading the market.
OSG has an average volume of 1438700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month OSG has a been trading in a tight range between 8.43 and 8.50.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, OSG also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.48, 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
5.93
8.59
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.41 to 8.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.69 from a trend line in the daily time frame.
- Support @6.26 from a trend line in the daily time frame.
- A support zone ranging from 5.99 to 6.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 8.50 to 8.50. 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
CRS97.43
Mansfield2.92
10 Day High8.5
10 Day Low8.45
20 Day High8.5
20 Day Low8.43
52 Week High8.5
52 Week Low3.95
Performance
1 Week0.12%
2 Weeks0.24%
1 Month0.71%
3 Month42.21%
6 Month59.89%
12 Month109.11%
2 Year262.82%
3 Year219.17%
5 Year335.39%
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)-0.05
RSI(14)79.32
LBB8.46
UBB8.5
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 |
|---|---|---|---|
| 8.51 | 8.44 | 0.07 (0.82%) | 25.00% |
| An entry @8.51. This is a Buy Stop order right above the resistance zone. | An exit @8.44. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 0.82%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.21%. |
- 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.
OVERSEAS SHIPHOLDING GROUP-A
NYSE:OSG (7/9/2024, 9:31:18 PM)
After market: 8.48 -0.01 (-0.12%)8.49
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week0.12%
2 Weeks0.24%
1 Month0.71%
3 Month42.21%
6 Month59.89%
12 Month109.11%
2 Year262.82%
3 Year219.17%
5 Year335.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.24%
ATR Inc1.82%
Range Today0.02
ADR(20)0.02
ADR(20)%0.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.43
Mansfield2.92
10 Day High8.5
10 Day Low8.45
20 Day High8.5
20 Day Low8.43
52 Week High8.5
52 Week Low3.95
CS1 End8.48
CR1 Start8.5
Volume & EV
DER(3)0.89%
DER(5)2.15%
Volume676.20K
Volume Incr-15.16%
Vol(5)825.84K
Vol(50)1.44M