BANK OZK

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	OZK
ISIN:

BANK OZK - Daily - Technical analysis published on 07/19/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
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Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Strongly bearish

Technical indicators

28%

44%

28%

My opinion

Bearish under 30.07 USD

My targets

27.74 USD (-2.97%)

25.80 USD (-9.76%)

My analysis

BANK OZK is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 30.07 USD. The next support located at 27.74 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 25.80 USD. Below this support, sellers could then target 24.23 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

BANK OZK rating 28.59 USD. On the day, this instrument gained +1.74% with the lowest point at 27.98 USD and the highest point at 28.87 USD. The deviation from the price is +2.18% for the low point and -0.97% for the high point.

27.98

28.87

28.59

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of BANK OZK indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Support of channel is broken

Type : Bearish

Timeframe : Daily

Support of triangle is broken

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Downside gap

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	24.23	25.80	27.74	28.59	30.07	32.13	34.88
Change (%)	-15.25%	-9.76%	-2.97%	-	+5.18%	+12.38%	+22.00%
Change	-4.36	-2.79	-0.85	-	+1.48	+3.54	+6.29
Level	Intermediate	Minor	Major	-	Major	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.02	27.43	27.77	28.18	28.52	28.93	29.27
Camarilla	27.89	27.96	28.03	28.10	28.17	28.24	28.31
Woodie	26.98	27.41	27.73	28.16	28.48	28.91	29.23
Fibonacci	27.43	27.72	27.90	28.18	28.47	28.65	28.93

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.03	28.46	29.15	29.58	30.27	30.70	31.39
Camarilla	29.52	29.63	29.73	29.83	29.93	30.04	30.14
Woodie	28.15	28.53	29.27	29.65	30.39	30.77	31.51
Fibonacci	28.46	28.89	29.16	29.58	30.01	30.28	30.70

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.44	26.10	28.10	29.76	31.75	33.41	35.41
Camarilla	29.09	29.42	29.76	30.09	30.43	30.76	31.10
Woodie	24.61	26.19	28.26	29.84	31.92	33.50	35.57
Fibonacci	26.10	27.50	28.36	29.76	31.16	32.02	33.41

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	42.32
MACD (12,26,9):	-0.4100
Directional Movement:	-9.71
AROON (14):	-78.57
DEMA (21):	28.77
Parabolic SAR (0,02-0,02-0,2):	30.50
Elder Ray (13):	-0.68
Super Trend (3,10):	30.60
Zig ZAG (10):	28.59
VORTEX (21):	0.9200
Stochastique (14,3,5):	18.04
TEMA (21):	28.72
Williams %R (14):	-73.57
Chande Momentum Oscillator (20):	-1.25
Repulse (5,40,3):	-0.8000
ROCnROLL:	2
TRIX (15,9):	-0.1700
Courbe Coppock:	1.83

MA7:	28.98
MA20:	29.24
MA50:	30.29
MA100:	30.71
MAexp7:	28.86
MAexp20:	29.31
MAexp50:	29.95
MAexp100:	30.35
Price / MA7:	-1.35%
Price / MA20:	-2.22%
Price / MA50:	-5.61%
Price / MA100:	-6.90%
Price / MAexp7:	-0.94%
Price / MAexp20:	-2.46%
Price / MAexp50:	-4.54%
Price / MAexp100:	-5.80%

News

Don"t forget to follow the news on BANK OZK. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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