ORION ENERGY SYSTEMS INC (OESX)

US6862751087 - Common Stock

1.01  +0.02 (+2.43%)

After market: 1.05 +0.04 (+3.96%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to OESX. OESX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

84% of all other stocks performed better in the past year than OESX.
OESX 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 OESX has a been trading in the 0.84 - 1.03 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
OESX is an average performer in the Electrical Equipment industry, it outperforms 49% of 86 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
OESX Weekly chart
OESX Daily chart
Setup Rating and Analysis

1

OESX has an average technical rating and it also does not offer a high quality setup 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

0.82

1.10

2 important support areas can be observed.

  • A support zone ranging from 0.87 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @0.83 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 1.02 to 1.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @1.09 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.03
Mansfield-2.59
10 Day High1.03
10 Day Low0.84
20 Day High1.03
20 Day Low0.84
52 Week High1.94
52 Week Low0.81
Performance
1 Week20.1%
2 Weeks16.09%
1 Month17.44%
3 Month-2.88%
6 Month9.78%
12 Month-32.67%
2 Year-54.71%
3 Year-84.24%
5 Year-47.67%
10 Year-77.05%
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)0.02
RSI(14)70.89
LBB0.77
UBB0.98
OESX Daily chart

ORION ENERGY SYSTEMS INC

NASDAQ:OESX (5/17/2024, 7:17:36 PM)

After market: 1.05 +0.04 (+3.96%)

1.01

+0.02 (+2.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg2.43%
1 Week20.1%
2 Weeks16.09%
1 Month17.44%
3 Month-2.88%
6 Month9.78%
12 Month-32.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%4.22%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.03
10 Day Low0.84
20 Day High1.03
20 Day Low0.84
52 Week High1.94
52 Week Low0.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume59.70K
Volume Incr175.28%
Vol(5)57.96K
Vol(50)33.67K