ORCHID ISLAND CAPITAL INC (ORC) Stock Technical Analysis
NYSE:ORC - New York Stock Exchange, Inc. - US68571X3017 - REIT - Currency: USD
Overall ORC gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ORC was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, ORC is a bad performer in the overall market: 80% of all stocks are doing better.
ORC is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 67 other stocks in this industry, of which 66% are performing better than ORC.
In the last month ORC has a been trading in the 6.90 - 7.36 range, which is quite wide. It is currently trading near the high of this range.
ORC has an average volume of 3737940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ORC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ORC is lagging the market.
ORC has a poor technical rating and the quality of the setup is also only medium 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
5.98
8.89
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.96 to 7.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.75 to 6.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.04 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.34 to 7.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.80 from a horizontal line in the weekly time frame.
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 ORC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORC is neutral. |
| ChartMill Relative Strength | 20.59 | NEGATIVE | ORC has a low relative strength, it was outperformed by 79.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ORC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ORC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.43 | NEUTRAL | The RSI value for ORC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ORC has a positive trend. |
| Stochastics (14,3) | 65.71 | NEUTRAL | The Stochastics value for ORC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for ORC suggests low volalility. |
| Average Directional Index/ADX (14) | 9.52 | NEGATIVE | The low ADX value for ORC suggests a weak or negative trend. |
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)
7.34
+0.14 (+1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg1.94%
1 Week3.09%
2 Weeks0.96%
1 Month3.97%
3 Month0.82%
6 Month-7.44%
12 Month-10.92%
2 Year-29.56%
3 Year-54.41%
5 Year-71.44%
10 Year-82.97%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.64%
ATR Inc38.44%
Range Today0.14
ADR(20)0.12
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.59
Mansfield-1.31
10 Day High7.36
10 Day Low7
20 Day High7.36
20 Day Low6.9
52 Week High9.01
52 Week Low5.69
CS1 End7.16
CR1 Start7.34
Volume & EV
DER(3)5.58%
DER(5)-0.37%
Volume4.59M
Volume Incr-5.23%
Vol(5)3.66M
Vol(50)3.74M