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.
ORBS has a poor technical rating and the quality of the setup is also not perfect 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
2.40
We found 1 important support area.
- A support zone ranging from 2.42 to 2.42. 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 | 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) | 25.51 | OVERSOLD | The low RSI value suggests ORBS may be oversold. |
| 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) | 5.75 | OVERSOLD | The low Stochastics value suggests ORBS may be oversold. |
| Average True Range in percent/ATR (20) | 22.26 | HIGH VOLATILITY | The high ATR as a percentage value for ORBS suggests high volalility. |
| Average Directional Index/ADX (14) | 40.86 | POSITIVE | The high ADX value value for ORBS suggests a strong trend. |
2.43
-0.24 (-8.99%)
EIGHTCO HOLDINGS INC / ORBS 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 trend direction for 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 25.5131. This indicates that the stock is currently oversold.
What is the buy/sell signal for ORBS stock?
The buy/sell signal for EIGHTCO HOLDINGS INC (ORBS) is sell as both the short term and long term trends are negative.
What is the support and resistance level for ORBS stock?
EIGHTCO HOLDINGS INC (ORBS) has a support level at 2.42. Check the full technical report for our detailed analysis of ORBS support and resistance levels.