OR Technical Analysis - L'OREAL

Technical Rating and Analysis

Taking everything into account, OR scores 6 out of 10 in our technical rating. In the last year, OR was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

In the last month OR has a been trading in the 382.60 - 408.35 range, which is quite wide. It is currently trading near the lows of this range.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.

OR is part of the Personal Care Products industry. There are 12 other stocks in this industry. OR outperforms 72% of them.

When compared to the yearly performance of all other stocks, OR outperforms 46% of them, which is more or less in line with the market.

OR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OR is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

OR 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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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

323.38

410.78

We found 4 important support areas.

A support zone ranging from 363.52 to 364.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 349.74 to 351.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
Support @342.00 from a horizontal line in the daily time frame.
A support zone ranging from 326.65 to 327.19. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 396.88 to 406.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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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	UP	POSITIVE	The long term trend for OR.PA is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for OR.PA is neutral.
ChartMill Relative Strength	46.4	NEUTRAL	OR.PA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of OR.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of OR.PA is below the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of OR.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)	40.66	NEUTRAL	The RSI value for OR.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-2.38	NEGATIVE	The MACD value suggests OR.PA has a negative trend.
Stochastics (14,3)	11.77	OVERSOLD	The low Stochastics value suggests OR.PA may be oversold.
Average True Range in percent/ATR (20)	1.72	LOW VOLATILITY	The low ATR as a percentage value for OR.PA suggests low volalility.
Average Directional Index/ADX (14)	26.49	POSITIVE	The high ADX value value for OR.PA suggests a strong trend.