ORION ENERGY SYSTEMS INC (OESX) Stock Technical Analysis
NASDAQ:OESX - US6862751087 - Common Stock
6.93 USD
+0.12 (+1.76%)
We assign a technical rating of 6 out of 10 to OESX. In the last year, OESX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
83% of all other stocks performed better in the past year than OESX.
OESX is part of the Electrical Equipment industry. There are 92 other stocks in this industry, of which 71% are performing better than OESX.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
OESX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OESX is lagging the market.
In the last month OESX has a been trading in the 5.60 - 7.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OESX has an average technical rating and the quality of the presented setup is also not ideal 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
7.47
4 important support areas can be observed.
- A support zone ranging from 6.42 to 6.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.08 to 6.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.95 from a horizontal line in the daily time frame.
- Support @5.55 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @6.94 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 7.27 to 7.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for OESX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OESX is up. |
| ChartMill Relative Strength | 17.29 | NEGATIVE | OESX has a low relative strength, it was outperformed by 82.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OESX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OESX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OESX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.62 | NEUTRAL | The RSI value for OESX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests OESX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.02 | NEUTRAL | The Stochastics value for OESX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.98 | HIGH VOLATILITY | The high ATR as a percentage value for OESX suggests high volalility. |
| Average Directional Index/ADX (14) | 30.8 | POSITIVE | The high ADX value value for OESX 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)
NASDAQ:OESX (8/29/2025, 8:00:02 PM)
6.93
+0.12 (+1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.76%
1 Week11.59%
2 Weeks12.65%
1 Month17.5%
3 Month3.29%
6 Month-23%
12 Month-20.34%
2 Year-54.11%
3 Year-58.75%
5 Year-89.14%
10 Year-66.68%
15 Year-71.6%
Volatility
ATR(14)0.54
ATR(20)%8.98%
ATR Inc-6.99%
Range Today0.49
ADR(20)0.59
ADR(20)%8.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.29
Mansfield-1.76
10 Day High7.68
10 Day Low5.6
20 Day High7.8
20 Day Low5.6
52 Week High10.35
52 Week Low5.5
CS1 End6.6
CR1 Start6.94
Volume & EV
DER(3)-0.15%
DER(5)5.12%
Volume18.70K
Volume Incr-85.3%
Vol(5)33.36K
Vol(50)148.71K