ORION SA (OEC) Stock Technical Analysis
USA - NYSE:OEC - LU1092234845 - Common Stock
7.21 USD
-0.04 (-0.55%)
7.21 USD
0 (0%)
Overall OEC gets a technical rating of 0 out of 10. OEC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
98% of all other stocks performed better in the past year than OEC.
OEC is one of the lesser performing stocks in the Chemicals industry. 91% of 83 stocks in the same industry do better.
OEC is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month OEC has a been trading in the 7.13 - 10.58 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.
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
7.14
10.99
We can see 2 important resistance areas.
- Resistance @9.95 from a trend line in the daily time frame.
- A resistance zone ranging from 10.88 to 10.88. This zone is formed by a combination of multiple trend lines 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 | 2.96 | NEGATIVE | OEC has a low relative strength, it was outperformed by 97.04% 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) | DOWN | NEGATIVE | The current price of OEC is below a declining 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) | 24.03 | OVERSOLD | The low RSI value suggests OEC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests OEC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.91 | OVERSOLD | The low Stochastics value suggests OEC may be oversold. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for OEC suggests high volalility. |
| Average Directional Index/ADX (14) | 40.84 | POSITIVE | The high ADX value value for OEC suggests a strong trend. |
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)
7.21
-0.04 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.55%
1 Week-9.54%
2 Weeks-14.98%
1 Month-32.11%
3 Month-35.91%
6 Month-37.14%
12 Month-57.21%
2 Year-64.48%
3 Year-54.82%
5 Year-50.85%
10 Year-44.79%
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%5.05%
ATR Inc-32.22%
Range Today0.22
ADR(20)0.34
ADR(20)%4.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.96
Mansfield-5.03
10 Day High8.51
10 Day Low7.13
20 Day High10.58
20 Day Low7.13
52 Week High19.48
52 Week Low7.13
CS1 EndN/A
CR1 Start9.95
Volume & EV
DER(3)0.28%
DER(5)-1.22%
Volume395.70K
Volume Incr0.4%
Vol(5)521.02K
Vol(50)577.54K