ORIX - SPONSORED ADR (IX) Technical Analysis
NYSE:IX • US6863301015
Current stock price
IX Technical Rating and Analysis
Overall IX gets a technical rating of 7 out of 10. IX was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, IX did better than 81% of all other stocks. We also observe that the gains produced by IX over the past year are nicely spread over this period.
- IX is one of the better performing stocks in the Financial Services industry, it outperforms 87% of 99 stocks in the same industry.
- IX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IX is lagging the market.
- In the last month IX has a been trading in the 29.04 - 32.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
IX Weekly and Daily overview Charts
IX Setup Rating and Analysis
Although IX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
IX Support and Resistance Analysis
26.98
3 important support areas can be observed.
- A support zone ranging from 29.89 to 30.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 29.16 to 29.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.25 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.16 to 32.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
IX Technical Indicator Signal Analysis
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 | 81.94 | POSITIVE | IX has a high relative strength, it outperformed 81.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IX is below 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) | 45.81 | NEUTRAL | The RSI value for IX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests IX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.72 | NEUTRAL | The Stochastics value for IX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for IX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.68 | NEGATIVE | The low ADX value for IX suggests a weak or negative trend. |
IX Chart- and CandleStick Pattern Analysis
IX Technicals: Chart, Performance Metrics, Trend & Indicators
30.58
-1.29 (-4.05%)
ORIX - SPONSORED ADR / IX TA FAQ
What is the ChartMill technical rating of ORIX - SPONSORED ADR (IX) stock?
ChartMill assigns a technical rating of 7 / 10 to IX.
Can you provide the trend direction for ORIX - SPONSORED ADR?
The current trend direction for ORIX - SPONSORED ADR (IX) is Bullish.
What is the RSI signal for ORIX - SPONSORED ADR (IX) stock?
ORIX - SPONSORED ADR (IX) has an RSI value of 45.8134. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ORIX - SPONSORED ADR?
The short term momentum for ORIX - SPONSORED ADR (IX) is neutral.