ORIGIN ENTERPRISES PLC (OIZ.I) Stock Technical Analysis
DUB:OIZ - Euronext Dublin - IE00B1WV4493 - Common Stock - Currency: EUR
We assign a technical rating of 9 out of 10 to OIZ. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OIZ is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
OIZ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OIZ is performing more or less in line with the market.
OIZ is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that OIZ is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
OIZ is an average performer in the Food Products industry, it outperforms 67% of 56 stocks in the same industry.
OIZ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 3.58, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.86
3.66
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.51 to 3.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.25 from a trend line in the daily time frame.
- Support @3.07 from a horizontal line in the daily time frame.
- Support @2.89 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @3.62 from a horizontal line in the weekly 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 OIZ.I is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OIZ.I is up. |
| ChartMill Relative Strength | 80.97 | POSITIVE | OIZ.I has a high relative strength, it outperformed 80.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OIZ.I is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OIZ.I is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OIZ.I is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.7 | NEUTRAL | The RSI value for OIZ.I is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests OIZ.I has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.96 | NEUTRAL | The Stochastics value for OIZ.I is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for OIZ.I suggests some volalility. |
| Average Directional Index/ADX (14) | 29.91 | POSITIVE | The high ADX value value for OIZ.I suggests a strong trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.63 | 3.50 | 0.13 (3.58%) | 25.00% |
| An entry @3.63. This is a Buy Stop order right above the resistance zone. | An exit @3.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.13 points, which is 3.58%. | For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of OIZ. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DUB:OIZ (6/6/2025, 7:00:00 PM)
3.61
+0.06 (+1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.69%
1 Week2.27%
2 Weeks2.27%
1 Month1.69%
3 Month20.33%
6 Month22.17%
12 Month16.45%
2 Year8.25%
3 Year-12.17%
5 Year33.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%2.62%
ATR Inc-27.59%
Range Today0.06
ADR(20)0.09
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.97
Mansfield1.02
10 Day High3.61
10 Day Low3.5
20 Day High3.75
20 Day Low3.48
52 Week High3.75
52 Week Low2.58
CS1 End3.58
CR1 Start3.62
Volume & EV
DER(3)-2.23%
DER(5)-0.37%
Volume84.09K
Volume Incr-43.12%
Vol(5)100.46K
Vol(50)199.28K