OR ROYALTIES INC (OR) Stock Technical Analysis
NYSE:OR - New York Stock Exchange, Inc. - CA68827L1013 - Common Stock - Currency: USD
Overall OR gets a technical rating of 10 out of 10. 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.
In the last month OR has a been trading in the 24.76 - 27.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
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.
When comparing the yearly performance of all stocks, we notice that OR is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, OR also shows a nice and consistent pattern of rising prices.
OR is part of the Metals & Mining industry. There are 156 other stocks in this industry. OR outperforms 73% of them.
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.
Although OR has an excellent technical rating, the quality of the presented setup is not ideal 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
17.86
27.33
3 important support areas can be observed.
- Support @22.48 from a horizontal line in the daily time frame.
- Support @19.74 from a trend line in the weekly time frame.
- A support zone ranging from 18.04 to 18.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 26.80 to 27.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for OR is neutral. |
| ChartMill Relative Strength | 92.64 | POSITIVE | OR has a high relative strength, it outperformed 92.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OR is below the rising 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) | 49.99 | NEUTRAL | The RSI value for OR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests OR has a negative trend. |
| Stochastics (14,3) | 23.19 | NEUTRAL | The Stochastics value for OR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for OR suggests some volalility. |
| Average Directional Index/ADX (14) | 36.16 | POSITIVE | The high ADX value value for OR suggests a strong trend. |
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)
25.72
+0.27 (+1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.06%
1 Week-2.6%
2 Weeks-0.9%
1 Month2.37%
3 Month21.65%
6 Month38.62%
12 Month63.35%
2 Year65.58%
3 Year151.98%
5 Year154.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%2.59%
ATR Inc22.01%
Range Today0.36
ADR(20)0.62
ADR(20)%2.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.64
Mansfield2.02
10 Day High26.94
10 Day Low24.76
20 Day High27.6
20 Day Low24.76
52 Week High27.6
52 Week Low15.4
CS1 End22.48
CR1 Start26.8
Volume & EV
DER(3)1.17%
DER(5)1.07%
Volume552.08K
Volume Incr19.41%
Vol(5)1.02M
Vol(50)911.64K