ORION SA (OEC) Stock Technical Analysis
NYSE:OEC • LU1092234845
Overall OEC gets a technical rating of 2 out of 10. OEC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 87% of all other stocks performed better in the past year than OEC.
- OEC is one of the lesser performing stocks in the Chemicals industry. 87% of 83 stocks in the same industry do better.
- OEC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month OEC has a been trading in the 5.42 - 7.60 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of OEC is bad and it also does not present a quality setup 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
5.49
We found 1 important resistance area.
- Resistance @7.25 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for OEC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OEC is down. |
| ChartMill Relative Strength | 13.58 | NEGATIVE | OEC has a low relative strength, it was outperformed by 86.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OEC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OEC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OEC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.34 | NEUTRAL | The RSI value for OEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests OEC has a negative trend. |
| Stochastics (14,3) | 25.25 | NEUTRAL | The Stochastics value for OEC is a neutral value. |
| Average True Range in percent/ATR (20) | 9.58 | HIGH VOLATILITY | The high ATR as a percentage value for OEC suggests high volalility. |
| Average Directional Index/ADX (14) | 28.29 | POSITIVE | The high ADX value value for OEC suggests a strong trend. |
5.55
-0.53 (-8.72%)
ORION SA / OEC FAQ
Can you provide the ChartMill technical rating for ORION SA?
ChartMill assigns a technical rating of 2 / 10 to OEC.
What is the trend direction for OEC stock?
The current trend direction for ORION SA (OEC) is Bearish.
What is the RSI signal for ORION SA (OEC) stock?
ORION SA (OEC) has an RSI value of 40.3403. This indicates that the stock is currently neutral.
What is the short term momentum for OEC stock?
The short term momentum for ORION SA (OEC) is negative.
Can you provide the support and resistance levels for ORION SA?
ORION SA (OEC) has a resistance level at 7.25. Check the full technical report for our detailed analysis of OEC support and resistance levels.