DEFINCE D TRGT 2X L ORCL ETF (ORCX) Stock Technical Analysis
USA - NASDAQ:ORCX - US88636R5110 - ETF
40.53 USD
-2.35 (-5.48%)
40.46 USD
-0.07 (-0.17%)
Taking everything into account, ORCX scores 6 out of 10 in our technical rating. Although ORCX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, ORCX is a bad performer in the overall market: 100% of all stocks are doing better.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ORCX has an average volume of 1110310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ORCX has a been trading in the 26.88 - 60.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ORCX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
30.69
40.94
We found 2 important support areas.
- Support @32.44 from a trend line in the weekly time frame.
- Support @31.00 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for ORCX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORCX is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ORCX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ORCX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORCX is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.05 | NEUTRAL | The RSI value for ORCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests ORCX has a negative trend. |
| Stochastics (14,3) | 45.14 | NEUTRAL | The Stochastics value for ORCX is a neutral value. |
| Average True Range in percent/ATR (20) | 13.26 | HIGH VOLATILITY | The high ATR as a percentage value for ORCX suggests high volalility. |
| Average Directional Index/ADX (14) | 30.84 | POSITIVE | The high ADX value value for ORCX suggests a strong 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)
40.53
-2.35 (-5.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.48%
1 Week-16.67%
2 Weeks-7.55%
1 Month24.68%
3 Month56.19%
6 Month217.38%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.7
ATR(20)%13.26%
ATR Inc-26.81%
Range Today3.19
ADR(20)3.99
ADR(20)%9.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High55.17
10 Day Low40.4
20 Day High60.53
20 Day Low26.88
52 Week HighN/A
52 Week LowN/A
CS1 End32.44
CR1 StartN/A
Volume & EV
DER(3)-3.01%
DER(5)-1.88%
Volume1.89M
Volume Incr92.27%
Vol(5)3.28M
Vol(50)1.11M