Live Oak Bancshares Inc (LOB): Price Up $1.62 (1.78)% Over Past Day, Up $0.3 (0.32)% Over Past Hour

The Hourly View for LOB

At the time of this writing, LOB (Get Ratings)’s price is up $0.3 (0.32%) from the hour prior. The hourly chart shows that LOB has seen 2 straight up hours. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

LOB ranks 5th in terms of today’s price percentage change out of Banking stocks.

LOB’s Technical Outlook on the Daily Chart

At the time of this writing, LOB’s price is up $1.62 (1.78%) from the day prior. It’s been a feast for bulls operating on the daily timeframe, as LOB has now gone up 4 of the past 5 days. Regarding the trend, note that the strongest trend exists on the 20 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows LOB’s price action over the past 90 days.