Orbcomm Inc (ORBC) Stock Technical Analysis
USA - NASDAQ:ORBC -
Overall ORBC 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, ORBC is showing a nice and steady performance.
ORBC has an excellent technical rating, but 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.
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7.20
We found 4 important support areas.
- A support zone ranging from 11.09 to 11.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.77 from a trend line in the weekly time frame.
- Support @9.06 from a trend line in the daily time frame.
- Support @7.27 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.51 to 11.56. 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 ORBC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ORBC is up. |
| ChartMill Relative Strength | 95.04 | POSITIVE | ORBC has a high relative strength, it outperformed 95.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ORBC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORBC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ORBC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.68 | NEUTRAL | The RSI value for ORBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ORBC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.5 | OVERBOUGHT | The high Stochastics value suggests ORBC may be overbought. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for ORBC suggests low 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 |
|---|---|---|---|
| 11.57 | 11.16 | 0.41 (3.54%) | 25.00% |
| An entry @11.57. This is a Buy Stop order right above the resistance zone. | An exit @11.16. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.41 points, which is 3.54%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%. |
- 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.
11.49
+0.01 (+0.09%)
Orbcomm Inc / ORBC FAQ
Can you provide the ChartMill technical rating for Orbcomm Inc?
ChartMill assigns a technical rating of 9 / 10 to ORBC.
Can you provide the trend direction for Orbcomm Inc?
The current trend direction for Orbcomm Inc (ORBC) is Bullish.
Can you provide the RSI signal for Orbcomm Inc?
Orbcomm Inc (ORBC) has an RSI value of 67.6822. This indicates that the stock is currently neutral.
What is the buy/sell signal for ORBC stock?
The buy/sell signal for Orbcomm Inc (ORBC) is buy as both the short term and long term trends are positive.
What is the support and resistance level for ORBC stock?
Orbcomm Inc (ORBC) has a support level at 11.43 and a resistance level at 11.51. Check the full technical report for our detailed analysis of ORBC support and resistance levels.