The Organics ETF (ORG) Stock Technical Analysis
USA - NASDAQ:ORG -
We assign a technical rating of 1 out of 10 to ORG. ORG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of ORG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
18.87
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 20.35 to 20.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 21.04 to 21.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.96 to 22.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.86 from a trend line in the weekly time frame.
- Resistance @27.22 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for ORG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ORG is down. |
| ChartMill Relative Strength | 65.22 | NEUTRAL | ORG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ORG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ORG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ORG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.47 | OVERSOLD | The low RSI value suggests ORG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests ORG has a negative trend. |
| Stochastics (14,3) | 21.89 | NEUTRAL | The Stochastics value for ORG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for ORG suggests some volalility. |
NASDAQ:ORG (3/12/2020, 8:00:00 PM)
19.06
-0.61 (-3.13%)
The Organics ETF / ORG FAQ
Can you provide the ChartMill technical rating for The Organics ETF?
ChartMill assigns a technical rating of 1 / 10 to ORG.
What is the current trend direction of The Organics ETF (ORG) stock?
The current trend direction for The Organics ETF (ORG) is Bearish.
What is the RSI signal for ORG stock?
The Organics ETF (ORG) has an RSI value of 28.4712. This indicates that the stock is currently oversold.
What is the MACD signal for ORG stock?
The MACD indicator for The Organics ETF (ORG) has a value of -0.120678, indicating a bearish trend.
Can you provide the short term momentum for The Organics ETF?
The short term momentum for The Organics ETF (ORG) is negative.