ORION PROPERTIES INC (ONL) Stock Technical Analysis
NYSE:ONL - New York Stock Exchange, Inc. - US68629Y1038 - REIT - Currency: USD
Overall ONL gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ONL was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ONL is a bad performer in the overall market: 85% of all stocks are doing better.
ONL is part of the Diversified REITs industry. There are 130 other stocks in this industry, of which 80% are performing better than ONL.
ONL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ONL has a been trading in the 1.86 - 2.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ONL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.90, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ONL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.88
4.31
When analyzing the support we notice one important area.
- A support zone ranging from 1.90 to 1.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 7 important resistance areas.
- Resistance @2.18 from a horizontal line in the weekly time frame.
- Resistance @2.32 from a trend line in the daily time frame.
- Resistance @2.44 from a horizontal line in the daily time frame.
- Resistance @2.49 from a horizontal line in the daily time frame.
- Resistance @3.58 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.98 to 4.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.22 to 4.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ONL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ONL is up. |
| ChartMill Relative Strength | 15.49 | NEGATIVE | ONL has a low relative strength, it was outperformed by 84.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ONL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ONL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.1 | NEUTRAL | The RSI value for ONL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ONL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.6 | NEUTRAL | The Stochastics value for ONL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for ONL suggests high volalility. |
| Average Directional Index/ADX (14) | 21.43 | NEUTRAL | The ADX value for ONL suggests a possible start of a new 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)
2.13
-0.04 (-1.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.84%
1 Week-12.35%
2 Weeks11.52%
1 Month11.52%
3 Month15.14%
6 Month-44.53%
12 Month-36.61%
2 Year-67.78%
3 Year-80.57%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%6.5%
ATR Inc-13.52%
Range Today0.13
ADR(20)0.13
ADR(20)%6.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.49
Mansfield-3.95
10 Day High2.45
10 Day Low1.87
20 Day High2.45
20 Day Low1.86
52 Week High4.39
52 Week Low1.46
CS1 End1.9
CR1 Start2.35
Volume & EV
DER(3)8.08%
DER(5)2.17%
Volume1.07M
Volume Incr217.53%
Vol(5)2.38M
Vol(50)764.39K