EIGHTCO HOLDINGS INC (ORBS) Technical Analysis
NASDAQ:ORBS • US22890A3023
Current stock price
ORBS Technical Rating and Analysis
Taking everything into account, ORBS scores 0 out of 10 in our technical rating. ORBS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ORBS is a bad performer in the overall market: 100% of all stocks are doing better.
- ORBS is part of the Containers & Packaging industry. There are 22 other stocks in this industry, of which 100% are performing better than ORBS.
- ORBS has an average volume of 14291000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ORBS has a been trading in the 0.74 - 1.33 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.
ORBS Weekly and Daily overview Charts
ORBS Setup Rating and Analysis
Although the technical rating is bad, ORBS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
ORBS Support and Resistance Analysis
0.93
When analyzing the resistance we notice 2 important areas.
- Resistance @0.98 from a trend line in the daily time frame.
- Resistance @1.03 from a trend line in the daily time frame.
ORBS Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for ORBS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ORBS is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ORBS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ORBS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ORBS is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 42.81 | NEUTRAL | The RSI value for ORBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ORBS has a positive trend. |
| Stochastics (14,3) | 36.82 | NEUTRAL | The Stochastics value for ORBS is a neutral value. |
| Average True Range in percent/ATR (20) | 15.53 | HIGH VOLATILITY | The high ATR as a percentage value for ORBS suggests high volalility. |
| Average Directional Index/ADX (14) | 17.53 | NEGATIVE | The low ADX value for ORBS suggests a weak or negative trend. |
ORBS Chart- and CandleStick Pattern Analysis
ORBS Technicals: Chart, Performance Metrics, Trend & Indicators
0.944
+0 (+0.01%)
EIGHTCO HOLDINGS INC / ORBS TA FAQ
What is the ChartMill technical rating of EIGHTCO HOLDINGS INC (ORBS) stock?
ChartMill assigns a technical rating of 0 / 10 to ORBS.
What is the current trend direction of EIGHTCO HOLDINGS INC (ORBS) stock?
The current trend direction for EIGHTCO HOLDINGS INC (ORBS) is Bearish.
Can you provide the RSI signal for EIGHTCO HOLDINGS INC?
EIGHTCO HOLDINGS INC (ORBS) has an RSI value of 42.8103. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EIGHTCO HOLDINGS INC?
The MACD indicator for EIGHTCO HOLDINGS INC (ORBS) has a value of 0.0184125, indicating a bearish trend.
What is the buy/sell signal for EIGHTCO HOLDINGS INC (ORBS) stock?
The buy/sell signal for EIGHTCO HOLDINGS INC (ORBS) is sell as both the short term and long term trends are negative.