ORCHID ISLAND CAPITAL INC (ORC) Technical Analysis
NYSE:ORC • US68571X3017
Current stock price
ORC Technical Rating and Analysis
Overall ORC gets a technical rating of 1 out of 10. ORC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, ORC is a bad performer in the overall market: 78% of all stocks are doing better.
- ORC is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry, of which 64% are performing better than ORC.
- ORC has an average volume of 6773220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- 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.
- In the last month ORC has a been trading in the 6.62 - 7.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
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 6.88, 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
ORC Support and Resistance Analysis
6.76
When analyzing the support we notice one important area.
- A support zone ranging from 6.83 to 6.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.06 to 7.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.17 from a trend 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 | 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 | 22.46 | NEGATIVE | ORC has a low relative strength, it was outperformed by 77.54% 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) | 46.27 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 59.39 | NEUTRAL | The Stochastics value for ORC is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for ORC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.89 | 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
7.04
+0.24 (+3.53%)
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 1 / 10 to ORC.
What is the trend direction for ORC stock?
The current trend direction for ORCHID ISLAND CAPITAL INC (ORC) is Bearish.
Can you provide the RSI signal for ORCHID ISLAND CAPITAL INC?
ORCHID ISLAND CAPITAL INC (ORC) has an RSI value of 46.2722. This indicates that the stock is currently neutral.
What are the support and resistance levels for ORCHID ISLAND CAPITAL INC (ORC) stock?
ORCHID ISLAND CAPITAL INC (ORC) has a support level at 6.88 and a resistance level at 7.06. Check the full technical report for our detailed analysis of ORC support and resistance levels.