OR ROYALTIES INC (OR) Stock Technical Analysis
USA - NYSE:OR - CA68390D1069 - Common Stock
Overall OR gets a technical rating of 6 out of 10. In the last year, OR was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
OR has an average technical rating and also the quality of the setup is only medium 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
20.96
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.84 to 31.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.17 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.10 to 32.61. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for OR is down. |
| ChartMill Relative Strength | 87.44 | POSITIVE | OR has a high relative strength, it outperformed 87.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OR is below 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) | 33.92 | NEUTRAL | The RSI value for OR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests OR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.09 | OVERSOLD | The low Stochastics value suggests OR may be oversold. |
| Average True Range in percent/ATR (20) | 5 | HIGH VOLATILITY | The high ATR as a percentage value for OR suggests high volalility. |
| Average Directional Index/ADX (14) | 34.11 | POSITIVE | The high ADX value value for OR suggests a strong trend. |
31.29
+0.45 (+1.46%)
OR ROYALTIES INC / OR FAQ
What is the ChartMill technical rating of OR ROYALTIES INC (OR) stock?
ChartMill assigns a technical rating of 6 / 10 to OR.
Can you provide the trend direction for OR ROYALTIES INC?
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 33.9214. This indicates that the stock is currently neutral.
What is the buy/sell signal for OR ROYALTIES INC (OR) stock?
The buy/sell signal for OR ROYALTIES INC (OR) is hold as the short term and long term trends are mixed.
What is the support and resistance level for OR stock?
OR ROYALTIES INC (OR) has a support level at 31.28 and a resistance level at 32.1. Check the full technical report for our detailed analysis of OR support and resistance levels.