ORDINA NV (ORDI.AS)       4.45  +0.11 (+2.53%)

4.45  +0.11 (+2.53%)

NL0000440584 - Common Stock

Technical Rating

We assign a technical rating of 6 out of 10 to ORDI. Although ORDI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.



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.
ORDI is currently trading in the upper part of its 52 week range. This is a good signal, certainly because the S&P500 Index is currently trading in the lower part of its 52 week range.
In the last month ORDI has a been trading in the 4.18 - 4.53 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ORDI is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ORDI is an average performer in the IT Services industry, it outperforms 64% of 37 stocks in the same industry.

Statistics

1 Month 3 Months 6 Months 12 Months 1.78% -0.04% 22.20% 18.46% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 84.18 3.155 - 4.82
ORDI Weekly chart
ORDI Daily chart

Support/Resistance Analysis


3.51

4.80
We found 5 important support areas.
  • A support zone ranging from 4.34 to 4.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 4.22 to 4.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @3.92 from a horizontal line in the daily time frame.
  • Support @3.85 from a trend line in the weekly time frame.
  • Support @3.55 from a trend line in the weekly time frame.
We found 1 important resistance area.
  • A resistance zone ranging from 4.74 to 4.75. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

Although the technical rating is only medium, ORDI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.42, a Stop Loss order could be placed below this zone.


Possible Trading Setup

The following trade can be suggested based on the decent technical rating and setup score.


ENTRYEXITDISTANCECAPITAL
4.544.330.21 (4.63%)21.62%
An entry @4.54. This is a Buy Stop order right above the 10 day high.An exit @4.33. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.21 points, which is 4.63%.When investing 21.62% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
ORDI Daily chart

ORDINA NV4.45

AMS:ORDI (5/17/2022, 7:00:00 PM)+0.11 (+2.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Information Technology
GICS Industry IT Services
Performance
Today 2.53% 1 Week 5.03%
2 Weeks 0.07% 1 Month 1.78%
3 Month -0.04% 6 Month 22.2%
Volatility
ATR(14) 0.12 ATR(20)% 2.7%
ATR Inc -15.38% Range Today 0.11
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 84.18 Mansfield 2.31
10 Day High 4.53 10 Day Low 4.21
20 Day High 4.53 20 Day Low 4.18
52 Week High 4.82 52 Week Low 3.16
CS1 End 4.42 CR1 Start 4.74
Volume & EV
DER(3) -1.99% DER(5) -0.37%
Volume 255.79K Volume Incr -25.6%
Vol(5) 178.17K Vol(50) 246.48K

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