OR ROYALTIES INC (OR) Stock Technical Analysis
NYSE:OR • CA68390D1069
Taking everything into account, OR scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OR is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, OR did better than 95% of all other stocks. On top of that, OR also shows a nice and consistent pattern of rising prices.
- 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 has an average volume of 1535620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- OR is an average performer in the Metals & Mining industry, it outperforms 57% of 156 stocks in the same industry.
- In the last month OR has a been trading in the 38.38 - 47.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, OR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for OR 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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29.70
4 important support areas can be observed.
- A support zone ranging from 39.43 to 40.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.66 from a horizontal line in the daily time frame.
- Support @35.68 from a trend line in the daily time frame.
- Support @30.00 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for OR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OR is up. |
| ChartMill Relative Strength | 95.74 | POSITIVE | OR has a high relative strength, it outperformed 95.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.67 | NEUTRAL | The RSI value for OR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests OR has a positive trend. |
| Stochastics (14,3) | 91.63 | OVERBOUGHT | The high Stochastics value suggests OR may be overbought. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for OR suggests high volalility. |
| Average Directional Index/ADX (14) | 16.76 | NEGATIVE | The low ADX value for OR suggests a weak or negative trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 45.95 | 40.24 | 5.71 (12.43%) | 8.05% |
| An entry @45.95. This is a Buy Stop order right above the 10 day high. | An exit @40.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.71 points, which is 12.43%. | When investing 8.05% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
45.43
+0.7 (+1.56%)
OR ROYALTIES INC / OR FAQ
What is the ChartMill technical rating of OR ROYALTIES INC (OR) stock?
ChartMill assigns a technical rating of 10 / 10 to OR.
What is the current trend direction of OR ROYALTIES INC (OR) stock?
The current trend direction for OR ROYALTIES INC (OR) is Bullish.
What is the RSI signal for OR ROYALTIES INC (OR) stock?
OR ROYALTIES INC (OR) has an RSI value of 59.6668. This indicates that the stock is currently neutral.
What is the MACD signal for OR stock?
The MACD indicator for OR ROYALTIES INC (OR) has a value of 0.167567, indicating a bearish trend.
What is the short term momentum for OR ROYALTIES INC (OR) stock?
The short term momentum for OR ROYALTIES INC (OR) is positive.