EIGHTCO HOLDINGS INC (ORBS) Technical Analysis
NASDAQ:ORBS • US22890A3023
Current stock price
ORBS Technical Rating and Analysis
Overall ORBS gets a technical rating of 0 out of 10. ORBS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 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 one of the lesser performing stocks in the Containers & Packaging industry. 100% of 22 stocks in the same industry do better.
- In the last month ORBS has a been trading in the 0.74 - 1.46 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ORBS has an average volume of 20586900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
0.84
We found 2 important support areas.
- Support @0.88 from a trend line in the daily time frame.
- Support @0.85 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.13 from a trend line in the daily time frame.
- Resistance @1.20 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) | 43.56 | NEUTRAL | The RSI value for ORBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ORBS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 15.97 | OVERSOLD | The low Stochastics value suggests ORBS may be oversold. |
| Average True Range in percent/ATR (20) | 19.9 | HIGH VOLATILITY | The high ATR as a percentage value for ORBS suggests high volalility. |
| Average Directional Index/ADX (14) | 17.91 | 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
0.9142
-0.01 (-0.63%)
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.
What is the RSI signal for ORBS stock?
EIGHTCO HOLDINGS INC (ORBS) has an RSI value of 43.558. This indicates that the stock is currently neutral.
What is the MACD signal for ORBS stock?
The MACD indicator for EIGHTCO HOLDINGS INC (ORBS) has a value of 0.0050476, indicating a bearish trend.
Can you provide the support and resistance levels for EIGHTCO HOLDINGS INC?
EIGHTCO HOLDINGS INC (ORBS) has a support level at 0.88 and a resistance level at 1.13. Check the full technical report for our detailed analysis of ORBS support and resistance levels.