ORION ENERGY SYSTEMS INC (OESX) Technical Analysis
NASDAQ:OESX • US6862752077
Current stock price
OESX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to OESX. OESX'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.
- When comparing the yearly performance of all stocks, OESX is a bad performer in the overall market: 77% of all stocks are doing better.
- OESX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OESX is lagging the market.
- In the last month OESX has a been trading in the 9.02 - 12.38 range, which is quite wide. It is currently trading near the lows of this range.
- OESX is an average performer in the Electrical Equipment industry, it outperforms 41% of 92 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
OESX Weekly and Daily overview Charts
OESX Setup Rating and Analysis
The technical rating of OESX 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
OESX Support and Resistance Analysis
9.17
When analyzing the support we notice one important area.
- A support zone ranging from 9.26 to 9.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.76 to 9.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @18.46 from a horizontal line in the daily time frame.
OESX Technical Indicator Signal Analysis
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 OESX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OESX is down. |
| ChartMill Relative Strength | 23.33 | NEGATIVE | OESX has a low relative strength, it was outperformed by 76.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OESX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OESX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of OESX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.06 | OVERSOLD | The low RSI value suggests OESX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests OESX has a positive trend. |
| Stochastics (14,3) | 9.44 | OVERSOLD | The low Stochastics value suggests OESX may be oversold. |
| Average True Range in percent/ATR (20) | 7.72 | HIGH VOLATILITY | The high ATR as a percentage value for OESX suggests high volalility. |
| Average Directional Index/ADX (14) | 39.02 | POSITIVE | The high ADX value value for OESX suggests a strong trend. |
OESX Chart- and CandleStick Pattern Analysis
OESX Technicals: Chart, Performance Metrics, Trend & Indicators
9.36
+0.09 (+0.97%)
ORION ENERGY SYSTEMS INC / OESX TA FAQ
What is the technical rating for OESX stock?
ChartMill assigns a technical rating of 0 / 10 to OESX.
Can you provide the trend direction for ORION ENERGY SYSTEMS INC?
The current trend direction for ORION ENERGY SYSTEMS INC (OESX) is Bearish.
What is the RSI signal for OESX stock?
ORION ENERGY SYSTEMS INC (OESX) has an RSI value of 29.06. This indicates that the stock is currently oversold.
Can you provide the MACD signal for ORION ENERGY SYSTEMS INC?
The MACD indicator for ORION ENERGY SYSTEMS INC (OESX) has a value of 0.037312, indicating a bearish trend.
Can you provide the buy/sell signal for ORION ENERGY SYSTEMS INC?
The buy/sell signal for ORION ENERGY SYSTEMS INC (OESX) is sell as both the short term and long term trends are negative.