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ORANGE BELGIUM (OBEL.BR) Stock Technical Analysis

EBR:OBEL - Euronext Brussels - BE0003735496 - Common Stock - Currency: EUR

17.45  +0.2 (+1.16%)

Technical Rating and Analysis

9

Overall OBEL gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OBEL is showing a nice and steady performance.

Warning: OBEL has an average volume of 2782 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that OBEL is one of the better performing stocks in the market, outperforming 75% of all stocks.
OBEL is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month OBEL has a been trading in the 16.25 - 17.45 range, which is quite wide. It is currently trading near the high of this range.
OBEL is part of the Wireless Telecommunication Services industry. There are 6 other stocks in this industry, OBEL did better than 60% of them.
Weekly and Daily overview Charts
ORANGE BELGIUM / OBEL Weekly stock chart
ORANGE BELGIUM / OBEL Daily stock chart
Setup Rating and Analysis

1

Although OBEL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

14.16

17.63

5 important support areas can be observed.

  • Support @15.88 from a trend line in the daily time frame.
  • Support @15.50 from a trend line in the weekly time frame.
  • A support zone ranging from 14.90 to 15.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 14.62 to 14.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @14.30 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 17.46 to 17.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for OBEL.BR is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for OBEL.BR is up.
ChartMill Relative Strength75.41POSITIVEOBEL.BR has a high relative strength, it outperformed 75.41% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of OBEL.BR is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of OBEL.BR is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of OBEL.BR is above the rising SMA(200).
Relative Strength Index/RSI (14)76.02OVERBOUGHTThe high RSI value suggests OBEL.BR may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests OBEL.BR has a negative trend, although the MACD value is rising.
Stochastics (14,3)80.95OVERBOUGHTThe high Stochastics value suggests OBEL.BR may be overbought.
Average True Range in percent/ATR (20)0.86LOW VOLATILITYThe low ATR as a percentage value for OBEL.BR suggests low volalility.
Average Directional Index/ADX (14)38.92POSITIVEThe high ADX value value for OBEL.BR suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
ORANGE BELGIUM / OBEL Daily stock chart

ORANGE BELGIUM

EBR:OBEL (7/18/2025, 7:00:00 PM)

17.45

+0.2 (+1.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg1.16%
1 Week1.16%
2 Weeks1.45%
1 Month5.76%
3 Month14.8%
6 Month17.91%
12 Month16.8%
2 Year26.08%
3 Year-7.18%
5 Year22.71%
10 Year-11.38%
15 Year-60.53%
Volatility
ATR(14)0.14
ATR(20)%0.86%
ATR Inc-5.41%
Range Today0.1
ADR(20)0.14
ADR(20)%0.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.41
Mansfield0.57
10 Day High17.45
10 Day Low17
20 Day High17.45
20 Day Low16.25
52 Week High17.45
52 Week Low13.68
CS1 End15.88
CR1 Start17.46
Volume & EV
DER(3)0%
DER(5)0%
Volume2.86K
Volume Incr3.94%
Vol(5)2.05K
Vol(50)2.78K