The Organics ETF (ORG) Technical Analysis
NASDAQ:ORG
Current stock price
ORG Technical Rating and Analysis
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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- ORG is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month ORG has a been trading in the 17.31 - 22.75 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: ORG has an average volume of 1736 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When compared to the yearly performance of all other stocks, ORG outperforms 65% of them, which is more or less in line with the market.
ORG Weekly and Daily overview Charts
ORG Setup Rating and Analysis
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
ORG Support and Resistance Analysis
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.
ORG 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 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. |
ORG Chart- and CandleStick Pattern Analysis
ORG Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ORG (3/12/2020, 8:00:00 PM)
19.06
-0.61 (-3.13%)
The Organics ETF / ORG TA 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 trend direction for ORG stock?
The current trend direction for The Organics ETF (ORG) is Bearish.
What is the RSI signal for The Organics ETF (ORG) stock?
The Organics ETF (ORG) has an RSI value of 28.4712. This indicates that the stock is currently oversold.
What is the short term momentum for The Organics ETF (ORG) stock?
The short term momentum for The Organics ETF (ORG) is negative.
What are the support and resistance levels for The Organics ETF (ORG) stock?
The Organics ETF (ORG) has a resistance level at 20.35. Check the full technical report for our detailed analysis of ORG support and resistance levels.