DEFINCE D TRGT 2X L ORCL ETF (ORCX) Technical Analysis
NASDAQ:ORCX • US88636W1971
Current stock price
ORCX Technical Rating and Analysis
Taking everything into account, ORCX scores 0 out of 10 in our technical rating. ORCX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, ORCX is a bad performer in the overall market: 87% of all stocks are doing better.
- ORCX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- ORCX has an average volume of 6842700 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 22.37 - 31.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ORCX Weekly and Daily overview Charts
ORCX Setup Rating and Analysis
The technical rating of ORCX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ORCX Support and Resistance Analysis
29.23
We found 1 important resistance area.
- A resistance zone ranging from 33.09 to 33.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ORCX 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 ORCX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORCX is neutral. |
| ChartMill Relative Strength | 13.37 | NEGATIVE | ORCX has a low relative strength, it was outperformed by 86.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ORCX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ORCX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ORCX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.02 | NEUTRAL | The RSI value for ORCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests ORCX has a positive trend. |
| Stochastics (14,3) | 40.89 | NEUTRAL | The Stochastics value for ORCX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.83 | HIGH VOLATILITY | The high ATR as a percentage value for ORCX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.28 | NEGATIVE | The low ADX value for ORCX suggests a weak or negative trend. |
ORCX Chart- and CandleStick Pattern Analysis
ORCX Technicals: Chart, Performance Metrics, Trend & Indicators
29.53
+5.96 (+25.29%)
DEFINCE D TRGT 2X L ORCL ETF / ORCX TA FAQ
What is the technical rating for ORCX stock?
ChartMill assigns a technical rating of 0 / 10 to ORCX.
Can you provide the trend direction for DEFINCE D TRGT 2X L ORCL ETF?
The current trend direction for DEFINCE D TRGT 2X L ORCL ETF (ORCX) is Bearish.
Can you provide the RSI signal for DEFINCE D TRGT 2X L ORCL ETF?
DEFINCE D TRGT 2X L ORCL ETF (ORCX) has an RSI value of 55.0225. This indicates that the stock is currently neutral.
What is the MACD signal for ORCX stock?
The MACD indicator for DEFINCE D TRGT 2X L ORCL ETF (ORCX) has a value of 0.310846, indicating a bearish trend.
Can you provide the short term momentum for DEFINCE D TRGT 2X L ORCL ETF?
The short term momentum for DEFINCE D TRGT 2X L ORCL ETF (ORCX) is neutral.