BANK OZK

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
Volume:	-

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High / Low range:	-

Type:	Stocks
Ticker:	OZK
ISIN:

BANK OZK - Daily - Technical analysis published on 09/30/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Bearish

De fond: Strongly bearish

Technical indicators

17%

33%

50%

My opinion

Bearish under 28.65 USD

My targets

27.20 USD (-0.11%)

26.06 USD (-4.30%)

My analysis

The bearish basic trend is very strong on BANK OZK but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 28.65 USD. Crossing the first support at 27.20 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 26.06 USD as an objective. Crossing it would then enable sellers to target 24.23 USD. Caution, a return to above the resistance located at 28.65 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

FORCE

5.9

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 27.23 USD. The price registered an increase of +0.15% on the session and was between 27.16 USD and 28.15 USD. This implies that the price is at +0.26% from its lowest and at -3.27% from its highest.

27.16

28.15

27.23

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

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by BANK OZK:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of BANK OZK indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal support

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	24.23	26.06	27.20	27.23	28.65	31.05	32.13
Change (%)	-11.02%	-4.30%	-0.11%	-	+5.21%	+14.03%	+17.99%
Change	-3.00	-1.17	-0.03	-	+1.42	+3.82	+4.90
Level	Major	Intermediate	Intermediate	-	Intermediate	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.02	26.58	26.88	27.44	27.74	28.30	28.60
Camarilla	26.95	27.03	27.11	27.19	27.27	27.35	27.43
Woodie	25.90	26.52	26.76	27.38	27.62	28.24	28.48
Fibonacci	26.58	26.91	27.11	27.44	27.77	27.97	28.30

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.04	26.08	26.64	27.68	28.24	29.28	29.84
Camarilla	26.76	26.91	27.05	27.20	27.35	27.49	27.64
Woodie	24.80	25.96	26.40	27.56	28.00	29.16	29.60
Fibonacci	26.08	26.69	27.07	27.68	28.29	28.67	29.28

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.86	20.60	23.20	26.95	29.55	33.29	35.89
Camarilla	24.06	24.64	25.22	25.80	26.38	26.96	27.55
Woodie	16.28	20.32	22.63	26.66	28.97	33.01	35.32
Fibonacci	20.60	23.03	24.53	26.95	29.37	30.87	33.29

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):	49.15
MACD (12,26,9):	0.1600
Directional Movement:	1.97
AROON (14):	28.57
DEMA (21):	27.55
Parabolic SAR (0,02-0,02-0,2):	28.57
Elder Ray (13):	0.18
Super Trend (3,10):	26.13
Zig ZAG (10):	27.23
VORTEX (21):	1.0500
Stochastique (14,3,5):	36.56
TEMA (21):	27.91
Williams %R (14):	-87.44
Chande Momentum Oscillator (20):	-1.42
Repulse (5,40,3):	-4.1600
ROCnROLL:	2
TRIX (15,9):	0.1100
Courbe Coppock:	7.15

MA7:	27.50
MA20:	27.34
MA50:	27.44
MA100:	28.76
MAexp7:	27.51
MAexp20:	27.37
MAexp50:	27.58
MAexp100:	28.30
Price / MA7:	-0.98%
Price / MA20:	-0.40%
Price / MA50:	-0.77%
Price / MA100:	-5.32%
Price / MAexp7:	-1.02%
Price / MAexp20:	-0.51%
Price / MAexp50:	-1.27%
Price / MAexp100:	-3.78%

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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