Orbital Sciences Corp. (ORB) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:ORB • US6855641063
We assign a technical rating of 8 out of 10 to ORB. Although ORB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- When compared to the yearly performance of all other stocks, ORB outperforms 63% of them, which is more or less in line with the market.
- ORB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ORB is lagging the market.
- In the last month ORB has a been trading in the 24.94 - 30.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, ORB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 29.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.64, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ORB in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
23.29
We found 3 important support areas.
- A support zone ranging from 28.45 to 28.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 25.16 to 25.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.53 to 23.63. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 29.96 to 30.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.96 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 ORB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ORB is up. |
| ChartMill Relative Strength | 63.73 | NEUTRAL | ORB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ORB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ORB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.91 | NEUTRAL | The RSI value for ORB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ORB has a negative trend, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 4.59 | MEDIUM VOLATILITY | The ATR as a percentage value for ORB suggests some volalility. |
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 |
|---|---|---|---|
| 30.32 | 28.44 | 1.88 (6.20%) | 16.13% |
| An entry @30.32. This is a Buy Stop order right above the resistance zone. | An exit @28.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.88 points, which is 6.20%. | For a 1.00% total portfolio risk, you can invest 16.13% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ORB. 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.
28.85
+0.21 (+0.73%)
Orbital Sciences Corp. / ORB FAQ
What is the ChartMill technical rating of Orbital Sciences Corp. (ORB) stock?
ChartMill assigns a technical rating of 8 / 10 to ORB.
Can you provide the trend direction for Orbital Sciences Corp.?
The current trend direction for Orbital Sciences Corp. (ORB) is Bullish.
What is the RSI signal for ORB stock?
Orbital Sciences Corp. (ORB) has an RSI value of 58.9097. This indicates that the stock is currently neutral.
What is the MACD signal for ORB stock?
The MACD indicator for Orbital Sciences Corp. (ORB) has a value of -0.0276938, indicating a bearish trend.
Can you provide the buy/sell signal for Orbital Sciences Corp.?
The buy/sell signal for Orbital Sciences Corp. (ORB) is buy as both the short term and long term trends are positive.