ORIENT PAPER INC (ONP) Technical Analysis
NYSEARCA:ONP • US68619F2056
Current stock price
ONP Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ONP. ONP'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.
- 72% of all other stocks performed better in the past year than ONP.
- ONP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ONP is lagging the market.
- ONP is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: ONP has an average volume of 17048 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ONP Weekly and Daily overview Charts
ONP Setup Rating and Analysis
The technical rating of ONP is bad and it also does not present a 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.
More info and screens
ONP Support and Resistance Analysis
0.93
When analyzing the support we notice one important area.
- A support zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.97 to 0.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.02 from a horizontal line in the weekly time frame.
- Resistance @1.08 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.48 to 1.48. This zone is formed by a combination of multiple trend lines in the weekly time frame.
ONP 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ONP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ONP is down. |
| ChartMill Relative Strength | 28.42 | NEGATIVE | ONP has a low relative strength, it was outperformed by 71.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ONP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ONP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.22 | NEUTRAL | The RSI value for ONP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ONP has a positive trend. |
| Stochastics (14,3) | 60.93 | NEUTRAL | The Stochastics value for ONP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for ONP suggests some volalility. |
ONP Chart- and CandleStick Pattern Analysis
ONP Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:ONP (7/31/2018, 8:10:49 PM)
0.97
+0.01 (+1.15%)
ORIENT PAPER INC / ONP TA FAQ
What is the ChartMill technical rating of ORIENT PAPER INC (ONP) stock?
ChartMill assigns a technical rating of 0 / 10 to ONP.
What is the trend direction for ONP stock?
The current trend direction for ORIENT PAPER INC (ONP) is Bearish.
Can you provide the RSI signal for ORIENT PAPER INC?
ORIENT PAPER INC (ONP) has an RSI value of 41.2243. This indicates that the stock is currently neutral.
What is the buy/sell signal for ORIENT PAPER INC (ONP) stock?
The buy/sell signal for ORIENT PAPER INC (ONP) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for ORIENT PAPER INC?
ORIENT PAPER INC (ONP) has a support level at 0.94 and a resistance level at 0.97. Check the full technical report for our detailed analysis of ONP support and resistance levels.