ORBITAL INFRASTRUCTURE GROUP (OIG) Technical Analysis
NASDAQ:OIG • US68559A2087
Current stock price
OIG Technical Rating and Analysis
Taking everything into account, OIG scores 0 out of 10 in our technical rating. OIG'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than OIG.
- OIG is one of the lesser performing stocks in the Construction & Engineering industry. 83% of 55 stocks in the same industry do better.
- OIG 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 OIG has a been trading in the 0.38 - 4.33 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
OIG Weekly and Daily overview Charts
OIG Setup Rating and Analysis
The technical rating of OIG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
OIG Support and Resistance Analysis
OIG 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 OIG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OIG is down. |
| ChartMill Relative Strength | 0.18 | NEGATIVE | OIG has a low relative strength, it was outperformed by 99.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OIG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OIG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OIG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 15.35 | OVERSOLD | The low RSI value suggests OIG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests OIG has a negative trend. |
| Stochastics (14,3) | 1.03 | OVERSOLD | The low Stochastics value suggests OIG may be oversold. |
| Average True Range in percent/ATR (20) | 89.34 | HIGH VOLATILITY | The high ATR as a percentage value for OIG suggests high volalility. |
| Average Directional Index/ADX (14) | 43.4 | POSITIVE | The high ADX value value for OIG suggests a strong trend. |
OIG Chart- and CandleStick Pattern Analysis
OIG Technicals: Chart, Performance Metrics, Trend & Indicators
0.3801
-0.14 (-27.07%)
ORBITAL INFRASTRUCTURE GROUP / OIG TA FAQ
What is the technical rating for OIG stock?
ChartMill assigns a technical rating of 0 / 10 to OIG.
Can you provide the trend direction for ORBITAL INFRASTRUCTURE GROUP?
The current trend direction for ORBITAL INFRASTRUCTURE GROUP (OIG) is Bearish.
What is the RSI signal for ORBITAL INFRASTRUCTURE GROUP (OIG) stock?
ORBITAL INFRASTRUCTURE GROUP (OIG) has an RSI value of 15.3518. This indicates that the stock is currently oversold.
Can you provide the MACD signal for ORBITAL INFRASTRUCTURE GROUP?
The MACD indicator for ORBITAL INFRASTRUCTURE GROUP (OIG) has a value of -0.303515, indicating a bearish trend.