Overall OESX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, OESX has proven to be a steady performer, scoring decent points in every aspect analyzed.
OESX has an excellent technical rating, but the quality of the setup is only medium 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
9.35
We found 1 important support area.
- Support @9.44 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 | UP | POSITIVE | The long term trend for OESX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OESX is up. |
| ChartMill Relative Strength | 97.41 | POSITIVE | OESX has a high relative strength, it outperformed 97.41% 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) | UP | POSITIVE | The current price of OESX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.08 | OVERBOUGHT | The high RSI value suggests OESX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests OESX has a positive trend. |
| Stochastics (14,3) | 91.53 | OVERBOUGHT | The high Stochastics value suggests OESX may be overbought. |
| Average True Range in percent/ATR (20) | 7.87 | HIGH VOLATILITY | The high ATR as a percentage value for OESX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.58 | POSITIVE | The high ADX value value for OESX suggests a strong trend. |
18.46
+0.83 (+4.71%)
ORION ENERGY SYSTEMS INC / OESX FAQ
What is the technical rating for OESX stock?
ChartMill assigns a technical rating of 10 / 10 to OESX.
What is the trend direction for OESX stock?
The current trend direction for ORION ENERGY SYSTEMS INC (OESX) is Bullish.
What is the RSI signal for OESX stock?
ORION ENERGY SYSTEMS INC (OESX) has an RSI value of 70.0791. This indicates that the stock is currently overbought.
What is the MACD signal for OESX stock?
The MACD indicator for ORION ENERGY SYSTEMS INC (OESX) has a value of 0.11631, indicating a bearish trend.
What is the short term momentum for ORION ENERGY SYSTEMS INC (OESX) stock?
The short term momentum for ORION ENERGY SYSTEMS INC (OESX) is positive.