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ORBITAL INFRASTRUCTURE GROUP (OIG) Stock Technical Analysis

USA - NASDAQ:OIG - US68559A2087 - Common Stock

0.3801 USD
-0.14 (-27.07%)
Last: 8/28/2023, 8:17:43 PM
0.3807 USD
+0 (+0.16%)
After Hours: 8/28/2023, 8:17:43 PM
Technical Rating and Analysis

0

Overall OIG gets a technical rating of 0 out of 10. 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 part of the Construction & Engineering industry. There are 55 other stocks in this industry, of which 77% are performing better than OIG.
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.

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Weekly and Daily overview Charts
ORBITAL INFRASTRUCTURE GROUP / OIG Weekly stock chart
ORBITAL INFRASTRUCTURE GROUP / OIG Daily stock chart
Setup Rating and Analysis

2

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.

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Support and Resistance Analysis

0.38

0.38

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for OIG is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for OIG is down.
ChartMill Relative Strength0.18NEGATIVEOIG has a low relative strength, it was outperformed by 99.82% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of OIG is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of OIG is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of OIG is below a declining SMA(200).
Relative Strength Index/RSI (14)15.35OVERSOLDThe low RSI value suggests OIG may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.3NEGATIVEThe MACD value suggests OIG has a negative trend.
Stochastics (14,3)1.03OVERSOLDThe low Stochastics value suggests OIG may be oversold.
Average True Range in percent/ATR (20)89.34HIGH VOLATILITYThe high ATR as a percentage value for OIG suggests high volalility.
Average Directional Index/ADX (14)43.4POSITIVEThe high ADX value value for OIG suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)

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ORBITAL INFRASTRUCTURE GROUP / OIG Daily stock chart

ORBITAL INFRASTRUCTURE GROUP

NASDAQ:OIG (8/28/2023, 8:17:43 PM)

After market: 0.3807 +0 (+0.16%)

0.3801

-0.14 (-27.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-27.07%
1 Week-81.5%
2 Weeks-86.94%
1 Month-89.84%
3 Month-82.88%
6 Month-93.66%
12 Month-98.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%89.34%
ATR Inc-51.44%
Range Today0.14
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.18
3 months CRSN/A
6 months CRSN/A
Mansfield-9.54
10 Day High2.91
10 Day Low0.38
20 Day High4.33
20 Day Low0.38
52 Week High30.4
52 Week Low0.38
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-15.74%
DER(5)-19.47%
Volume619.50K
Volume Incr1074.13%
Vol(5)476.46K
Vol(50)85.34K

ORBITAL INFRASTRUCTURE GROUP / OIG FAQ

What is the technical rating for OIG stock?

ChartMill assigns a technical rating of 0 / 10 to OIG.


What is the current trend direction of ORBITAL INFRASTRUCTURE GROUP (OIG) stock?

The current trend direction for ORBITAL INFRASTRUCTURE GROUP (OIG) is Bearish.


What is the RSI signal for OIG stock?

ORBITAL INFRASTRUCTURE GROUP (OIG) has an RSI value of 15.3518. This indicates that the stock is currently oversold.


What is the MACD signal for ORBITAL INFRASTRUCTURE GROUP (OIG) stock?

The MACD indicator for ORBITAL INFRASTRUCTURE GROUP (OIG) has a value of -0.303515, indicating a bearish trend.


What is the buy/sell signal for OIG stock?

The buy/sell signal for ORBITAL INFRASTRUCTURE GROUP (OIG) is sell as both the short term and long term trends are negative.