Oaktree Capital Technical Analysis (NYSE:OAK)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Oaktree Capital stock price data and volume are plotted in OAK stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Oaktree Capital. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Oaktree Capital stock analysis.
Oaktree Capital Moving Average
Moving averages show the OAK stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $41.62 is above the last closing price of $41 and the 50 day moving average of $41.44 is above the last closing price of $41. The 10 and 20 day periods can predict short term moving average trends.
Oaktree Capital Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the OAK stock. Oaktree Capital bollinger bands show that the stock price is $41, upper band is 42.56, lower band is 40.68, and the average is 41.62.
Oaktree Capital Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Oaktree Capital MACD indicator is below 0 indicating a bearish trend.
Oaktree Capital Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of OAK stock is 40.