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OBDC Stock Tickeron detected bearish Stock Pattern: Triangle Symmetrical Bottom OBDC on December 12, 2024, netting in a 1.76% gain over 6 days

A.I.dvisor
at Tickeron.com
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+1.76% Gain from a Successful pattern Triangle Symmetrical Bottom
OBDC - Blue Owl Capital Corp
Tickeron
Ticker: OBDC
Company: Blue Owl Capital
Gain from shortening: +1.76%
Confirmed: 12/12/24
Succeeded: 12/17/24
Total length: 6 days
On December 11, 2024, A.I.dvisor detected a Triangle Symmetrical Bottom Pattern (Bearish) for Blue Owl Capital Corp (OBDC, $15.37). 1 day later, on December 12, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On December 17, 2024, the stock hit the target price of $14.96 – resulting in a gain for traders who shorted the stock on the pattern detection date.

Momentum Indicator for OBDC turns negative, indicating new downward trend

OBDC saw its Momentum Indicator move below the 0 level on January 08, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 88 similar instances where the indicator turned negative. In of the 88 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for OBDC turned negative on January 07, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .

OBDC moved below its 50-day moving average on January 08, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where OBDC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where OBDC advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.989) is normal, around the industry mean (4.895). P/E Ratio (7.527) is within average values for comparable stocks, (55.228). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.039). Dividend Yield (0.058) settles around the average of (0.040) among similar stocks. P/S Ratio (6.897) is also within normal values, averaging (3.431).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 70, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. OBDC’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

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General Information

a developer of digital payment framework to power e-payments choices between millions of consumers, financial institutions, creditors and billers and provider of web and phone based financial services, electronic payments and marketing services to drive consumer adoption.

Industry FinanceRentalLeasing

Profile
Fundamentals
Details
Industry
N/A
Address
399 Park Avenue
Phone
+1 212 419-3000
Employees
N/A
Web
https://www.blueowlcapitalcorporation.com