ORIX - SPONSORED ADR (IX) Stock Technical Analysis
USA - NYSE:IX - US6863301015 - ADR
Overall IX gets a technical rating of 5 out of 10. In the last year, IX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
IX has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
23.98
When analyzing the support we notice one important area.
- A support zone ranging from 24.22 to 24.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.05 to 27.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IX is neutral. |
| ChartMill Relative Strength | 59.86 | NEUTRAL | IX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.35 | NEUTRAL | The RSI value for IX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests IX has a positive trend. |
| Stochastics (14,3) | 58.01 | NEUTRAL | The Stochastics value for IX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for IX suggests low volalility. |
| Average Directional Index/ADX (14) | 23.16 | NEUTRAL | The ADX value for IX suggests a possible start of a new trend. |
25.04
0 (0%)
ORIX - SPONSORED ADR / IX FAQ
Can you provide the ChartMill technical rating for ORIX - SPONSORED ADR?
ChartMill assigns a technical rating of 5 / 10 to IX.
What is the current trend direction of ORIX - SPONSORED ADR (IX) stock?
The current trend direction for ORIX - SPONSORED ADR (IX) is Bullish.
What is the RSI signal for IX stock?
ORIX - SPONSORED ADR (IX) has an RSI value of 50.3482. This indicates that the stock is currently neutral.
What is the MACD signal for ORIX - SPONSORED ADR (IX) stock?
The MACD indicator for ORIX - SPONSORED ADR (IX) has a value of 0.0659128, indicating a bearish trend.
What is the short term momentum for IX stock?
The short term momentum for ORIX - SPONSORED ADR (IX) is neutral.