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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than ORBS.
- ORBS is part of the Containers & Packaging industry. There are 21 other stocks in this industry, of which 100% are performing better than ORBS.
- In the last month ORBS has a been trading in the 0.77 - 1.32 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 27434800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
ORBS Weekly and Daily overview Charts
ORBS Setup Rating and Analysis
ORBS has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
ORBS Support and Resistance Analysis
0.82
2 important resistance areas can be observed.
- A resistance zone ranging from 0.99 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.13 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) | 43.11 | NEUTRAL | The RSI value for ORBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ORBS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.09 | OVERSOLD | The low Stochastics value suggests ORBS may be oversold. |
| Average True Range in percent/ATR (20) | 13.94 | HIGH VOLATILITY | The high ATR as a percentage value for ORBS suggests high volalility. |
| Average Directional Index/ADX (14) | 13.37 | 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
0.8238
+0.03 (+4.4%)
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 43.1145. 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 -0.0154021, indicating a bearish trend.
Can you provide the support and resistance levels for EIGHTCO HOLDINGS INC?
EIGHTCO HOLDINGS INC (ORBS) has a resistance level at 0.99. Check the full technical report for our detailed analysis of ORBS support and resistance levels.