ORCHID ISLAND CAPITAL INC (ORC) Technical Analysis
NYSE:ORC • US68571X3017
Current stock price
ORC Technical Rating and Analysis
Taking everything into account, ORC scores 0 out of 10 in our technical rating. ORC'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.
- 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, ORC is a bad performer in the overall market: 73% of all stocks are doing better.
- ORC has an average volume of 7146950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ORC is an average performer in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 55% of 68 stocks in the same industry.
- ORC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ORC is lagging the market slightly.
- In the last month ORC has a been trading in the 6.80 - 7.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ORC Weekly and Daily overview Charts
ORC Setup Rating and Analysis
ORC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.94, a Stop Loss order could be placed below this zone.
More info and screens
ORC Support and Resistance Analysis
6.76
We found 2 important support areas.
- Strong support @6.94 from a horizontal line in the daily time frame.
- Support @6.83 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 7.00 to 7.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.23 to 7.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.58 to 7.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.20 from a trend line in the weekly time frame.
- Resistance @8.68 from a horizontal line in the weekly time frame.
ORC 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 ORC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ORC is down. |
| ChartMill Relative Strength | 27.72 | NEGATIVE | ORC has a low relative strength, it was outperformed by 72.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ORC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ORC is below a declining 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) | 38.41 | NEUTRAL | The RSI value for ORC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ORC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.39 | NEUTRAL | The Stochastics value for ORC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for ORC suggests some volalility. |
| Average Directional Index/ADX (14) | 38.78 | POSITIVE | The high ADX value value for ORC suggests a strong trend. |
ORC Chart- and CandleStick Pattern Analysis
ORC Technicals: Chart, Performance Metrics, Trend & Indicators
6.99
-0.16 (-2.24%)
ORCHID ISLAND CAPITAL INC / ORC TA FAQ
Can you provide the ChartMill technical rating for ORCHID ISLAND CAPITAL INC?
ChartMill assigns a technical rating of 0 / 10 to ORC.
What is the current trend direction of ORCHID ISLAND CAPITAL INC (ORC) stock?
The current trend direction for ORCHID ISLAND CAPITAL INC (ORC) is Bearish.
What is the RSI signal for ORCHID ISLAND CAPITAL INC (ORC) stock?
ORCHID ISLAND CAPITAL INC (ORC) has an RSI value of 38.4114. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ORCHID ISLAND CAPITAL INC?
The MACD indicator for ORCHID ISLAND CAPITAL INC (ORC) has a value of -0.0156088, indicating a bearish trend.
What is the support and resistance level for ORC stock?
ORCHID ISLAND CAPITAL INC (ORC) has a support level at 6.94 and a resistance level at 7. Check the full technical report for our detailed analysis of ORC support and resistance levels.