ORION PROPERTIES INC (ONL) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:ONL • US68629Y1038
Taking everything into account, ONL scores 5 out of 10 in our technical rating. In the past year, ONL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 85% of all other stocks performed better in the past year than ONL.
- ONL is part of the Diversified REITs industry. There are 124 other stocks in this industry, of which 85% are performing better than ONL.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month ONL has a been trading in the 2.00 - 2.54 range, which is quite wide. It is currently trading near the high of this range.
- ONL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ONL is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ONL has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.22 to 2.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.03 from a trend line in the daily time frame.
- Support @1.98 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.49 to 2.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for ONL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ONL is up. |
| ChartMill Relative Strength | 15.91 | NEGATIVE | ONL has a low relative strength, it was outperformed by 84.09% 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) | UP | POSITIVE | The current price of ONL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.22 | NEUTRAL | The RSI value for ONL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ONL has a positive trend. |
| Stochastics (14,3) | 89.65 | OVERBOUGHT | The high Stochastics value suggests ONL may be overbought. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for ONL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.39 | NEUTRAL | The ADX value for ONL suggests a possible start of a new trend. |
2.48
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ORION PROPERTIES INC / ONL FAQ
What is the ChartMill technical rating of ORION PROPERTIES INC (ONL) stock?
ChartMill assigns a technical rating of 5 / 10 to ONL.
What is the current trend direction of ORION PROPERTIES INC (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 64.2157. This indicates that the stock is currently neutral.
What is the short term momentum for ONL stock?
The short term momentum for ORION PROPERTIES INC (ONL) is positive.
What are the support and resistance levels for ORION PROPERTIES INC (ONL) stock?
ORION PROPERTIES INC (ONL) has a support level at 2.22 and a resistance level at 2.49. Check the full technical report for our detailed analysis of ONL support and resistance levels.