ORCHID ISLAND CAPITAL INC (ORC) Stock Technical Analysis
NYSE:ORC - New York Stock Exchange, Inc. - US68571X3017 - REIT - Currency: USD
We assign a technical rating of 2 out of 10 to ORC. 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.
78% of all other stocks performed better in the past year than ORC.
ORC is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 67 other stocks in this industry, of which 65% are performing better than ORC.
In the last month ORC has a been trading in the 6.94 - 7.47 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ORC has an average volume of 4045110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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 bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.12, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ORC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.98
8.89
We found 3 important support areas.
- A support zone ranging from 6.95 to 7.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.76 from a horizontal line in the daily time frame.
- A support zone ranging from 6.04 to 6.12. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.27 to 7.42. 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 | NEUTRAL | NEUTRAL | The long term trend for ORC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORC is neutral. |
| ChartMill Relative Strength | 22.05 | NEGATIVE | ORC has a low relative strength, it was outperformed by 77.95% 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) | 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) | 50.72 | 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) | 21.81 | NEUTRAL | The Stochastics value for ORC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for ORC suggests low volalility. |
| Average Directional Index/ADX (14) | 11.71 | 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)
7.14
+0.1 (+1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg1.42%
1 Week1.56%
2 Weeks-3.64%
1 Month-0.14%
3 Month-0.28%
6 Month-13.77%
12 Month-11.74%
2 Year-25.55%
3 Year-47.19%
5 Year-72.05%
10 Year-84.29%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%1.97%
ATR Inc-27.26%
Range Today0.11
ADR(20)0.13
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.05
Mansfield-1.49
10 Day High7.48
10 Day Low6.94
20 Day High7.48
20 Day Low6.94
52 Week High9.01
52 Week Low5.69
CS1 End7.12
CR1 Start7.27
Volume & EV
DER(3)6.33%
DER(5)3%
Volume2.59M
Volume Incr-13.68%
Vol(5)3.77M
Vol(50)4.05M