ORION PROPERTIES INC (ONL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ONL - US68629Y1038 - REIT
Taking everything into account, ONL scores 0 out of 10 in our technical rating. ONL'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.
Although the technical rating is bad, ONL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.05, 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.
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1.99
When analyzing the support we notice one important area.
- A support zone ranging from 2.01 to 2.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 2.12 to 2.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.31 to 2.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.39 from a trend line in the weekly time frame.
- Resistance @2.60 from a horizontal line in the daily time frame.
- Resistance @4.22 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 | DOWN | NEGATIVE | The long term trend for ONL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ONL is down. |
| ChartMill Relative Strength | 8.82 | NEGATIVE | ONL has a low relative strength, it was outperformed by 91.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ONL is below a declining 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) | 39.4 | 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. |
| Stochastics (14,3) | 44.89 | NEUTRAL | The Stochastics value for ONL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for ONL suggests some volalility. |
| Average Directional Index/ADX (14) | 32.89 | POSITIVE | The high ADX value value for ONL suggests a strong trend. |
2.06
-0.03 (-1.44%)
ORION PROPERTIES INC / ONL FAQ
What is the ChartMill technical rating of ORION PROPERTIES INC (ONL) stock?
ChartMill assigns a technical rating of 0 / 10 to ONL.
What is the trend direction for ONL stock?
The current trend direction for ORION PROPERTIES INC (ONL) is Bearish.
Can you provide the RSI signal for ORION PROPERTIES INC?
ORION PROPERTIES INC (ONL) has an RSI value of 39.395. This indicates that the stock is currently neutral.
What is the short term momentum for ORION PROPERTIES INC (ONL) stock?
The short term momentum for ORION PROPERTIES INC (ONL) is negative.
What are the support and resistance levels for ORION PROPERTIES INC (ONL) stock?
ORION PROPERTIES INC (ONL) has a support level at 2.05 and a resistance level at 2.12. Check the full technical report for our detailed analysis of ONL support and resistance levels.