L'OREAL (OR.PA)

FR0000120321 - Common Stock

447.35  -3.6 (-0.8%)

Technical Rating and Analysis

6

Taking everything into account, OR scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, OR is only an average performer.

OR is part of the Personal Care Products industry. There are 14 other stocks in this industry, of which 61% are performing better than OR.
Both the short term and long term trends are positive. This is a very positive sign.
OR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OR is lagging the market slightly.
OR 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.
When comparing the performance of all stocks over the past year, OR turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
Weekly and Daily overview Charts
OR Weekly chart
OR Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, OR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

369.22

461.48

We found 3 important support areas.

  • A support zone ranging from 420.00 to 422.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 411.19 to 412.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @372.95 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 447.51 to 456.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.56
Mansfield-0.67
10 Day High458.4
10 Day Low443.6
20 Day High458.4
20 Day Low430.25
52 Week High460.6
52 Week Low372
Performance
1 Week-0.06%
2 Weeks-1.35%
1 Month2.66%
3 Month-0.63%
6 Month3.69%
12 Month8.84%
2 Year36.16%
3 Year21.46%
5 Year86.09%
10 Year249.49%
15 Year701.85%
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)
Technical Indicators
MACD(12,26,9)-0.69
RSI(14)53
LBB443.55
UBB458.98
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
451.86443.598.27 (1.83%)25.00%
An entry @451.86. This is a Buy Stop order right above the 10 day moving average.An exit @443.59. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 8.27 points, which is 1.83%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.46%.

  • The distance between exit and entry is rather small compared to the average daily movement of OR. 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.
OR Daily chart

L'OREAL

EPA:OR (5/24/2024, 7:00:00 PM)

447.35

-3.6 (-0.8%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg-0.8%
1 Week-0.06%
2 Weeks-1.35%
1 Month2.66%
3 Month-0.63%
6 Month3.69%
12 Month8.84%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.96
ATR(20)%1.38%
ATR Inc
Range Today4.75
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High458.4
10 Day Low443.6
20 Day High458.4
20 Day Low430.25
52 Week High460.6
52 Week Low372
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume149.38K
Volume Incr-31.19%
Vol(5)200.52K
Vol(50)290.92K