Orbcomm Inc (ORBC)
We assign a technical rating of 10 out of 10 to ORBC. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ORBC is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, ORBC also shows a nice and consistent pattern of rising prices.
ORBC is part of the Diversified Telecommunication Services industry. There are 36 other stocks in this industry. ORBC outperforms 97% of them.
ORBC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ORBC has a been trading in a tight range between 11.08 and 11.53.
Although ORBC 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
7.20
11.68
4 important support areas can be observed.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.04
Mansfield2.08
10 Day High11.53
10 Day Low11.17
20 Day High11.53
20 Day Low11.08
52 Week High11.55
52 Week Low3.32
Performance
1 Week0.44%
2 Weeks2.68%
1 Month2.41%
3 Month2.59%
6 Month67.25%
12 Month197.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)67.68
LBB11.11
UBB11.6
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%. | For a 0.89% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
Orbcomm Inc
NASDAQ:ORBC (8/31/2021, 7:42:53 PM)
After market: 11.49 0 (0%)11.49
+0.01 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.09%
1 Week0.44%
2 Weeks2.68%
1 Month2.41%
3 Month2.59%
6 Month67.25%
12 Month197.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%0.63%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.53
10 Day Low11.17
20 Day High11.53
20 Day Low11.08
52 Week High11.55
52 Week Low3.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.62M
Volume Incr18.62%
Vol(5)610.66K
Vol(50)638.80K