ORCHESTRA BIOMED HOLDINGS IN (OBIO) Stock Technical Analysis
NASDAQ:OBIO - Nasdaq - US68572M1062 - Common Stock - Currency: USD
Taking everything into account, OBIO scores 0 out of 10 in our technical rating. OBIO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
95% of all other stocks performed better in the past year than OBIO.
OBIO is part of the Health Care Equipment & Supplies industry. There are 189 other stocks in this industry, of which 82% are performing better than OBIO.
OBIO is currently making a new 52 week low. This is a very bad signal. OBIO is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month OBIO has a been trading in the 2.41 - 3.26 range, which is quite wide. It is currently trading near the lows of this range.
OBIO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
2.40
5.88
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.68 to 2.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.98 from a horizontal line in the daily time frame.
- Resistance @3.31 from a trend line in the daily time frame.
- Resistance @4.68 from a trend line in the weekly time frame.
- Resistance @5.82 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.78
Mansfield-5.52
10 Day High3.12
10 Day Low2.41
20 Day High3.26
20 Day Low2.41
52 Week High8.87
52 Week Low2.41
Performance
1 Week-4.35%
2 Weeks-15.38%
1 Month-14.49%
3 Month-55.92%
6 Month-60.84%
12 Month-48.62%
2 Year-83.87%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)36.33
LBB2.42
UBB3.04
2.42
-0.14 (-5.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-5.47%
1 Week-4.35%
2 Weeks-15.38%
1 Month-14.49%
3 Month-55.92%
6 Month-60.84%
12 Month-48.62%
2 Year-83.87%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%15.03%
ATR Inc-12.94%
Range Today0.23
ADR(20)0.36
ADR(20)%14.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.78
Mansfield-5.52
10 Day High3.12
10 Day Low2.41
20 Day High3.26
20 Day Low2.41
52 Week High8.87
52 Week Low2.41
CS1 EndN/A
CR1 Start2.68
Volume & EV
DER(3)-11.25%
DER(5)-10.39%
Volume262.30K
Volume Incr-52.47%
Vol(5)407.18K
Vol(50)410.36K