Owl Rock Capital Corporation (ORCC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ORCC - US69121K1043 - Common Stock
Overall ORCC gets a technical rating of 6 out of 10. In the last year, ORCC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
ORCC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 13.46, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ORCC in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.02
3 important support areas can be observed.
- A support zone ranging from 13.05 to 13.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.78 from a trend line in the daily time frame.
- A support zone ranging from 12.14 to 12.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 13.48 to 13.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for ORCC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORCC is neutral. |
| ChartMill Relative Strength | 64.07 | NEUTRAL | ORCC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ORCC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORCC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ORCC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.94 | NEUTRAL | The RSI value for ORCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ORCC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.8 | NEUTRAL | The Stochastics value for ORCC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for ORCC suggests low volalility. |
| Average Directional Index/ADX (14) | 12.16 | NEGATIVE | The low ADX value for ORCC suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.49 | 13.22 | 0.27 (2.03%) | 25.00% |
| An entry @13.49. This is a Buy Stop order right above the 10 day moving average. | An exit @13.22. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.27 points, which is 2.03%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.51%. |
- The distance between exit and entry is rather small compared to the average daily movement of ORCC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
13.48
-0.02 (-0.15%)
Owl Rock Capital Corporation / ORCC FAQ
Can you provide the ChartMill technical rating for Owl Rock Capital Corporation?
ChartMill assigns a technical rating of 6 / 10 to ORCC.
What is the trend direction for ORCC stock?
The current trend direction for Owl Rock Capital Corporation (ORCC) is Bullish.
What is the RSI signal for Owl Rock Capital Corporation (ORCC) stock?
Owl Rock Capital Corporation (ORCC) has an RSI value of 51.9385. This indicates that the stock is currently neutral.
What is the short term momentum for ORCC stock?
The short term momentum for Owl Rock Capital Corporation (ORCC) is neutral.