Taking everything into account, ORGN scores 0 out of 10 in our technical rating. ORGN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ORGN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.42
When analyzing the support we notice one important area.
- Support @0.42 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.83 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 | DOWN | NEGATIVE | The long term trend for ORGN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ORGN is down. |
| ChartMill Relative Strength | 8 | NEGATIVE | ORGN has a low relative strength, it was outperformed by 92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ORGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ORGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ORGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.88 | NEUTRAL | The RSI value for ORGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ORGN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.02 | NEUTRAL | The Stochastics value for ORGN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.2 | HIGH VOLATILITY | The high ATR as a percentage value for ORGN suggests high volalility. |
| Average Directional Index/ADX (14) | 27.6 | POSITIVE | The high ADX value value for ORGN suggests a strong trend. |
0.4721
+0.01 (+1.53%)
ORIGIN MATERIALS INC / ORGN FAQ
What is the ChartMill technical rating of ORIGIN MATERIALS INC (ORGN) stock?
ChartMill assigns a technical rating of 0 / 10 to ORGN.
What is the current trend direction of ORIGIN MATERIALS INC (ORGN) stock?
The current trend direction for ORIGIN MATERIALS INC (ORGN) is Bearish.
What is the RSI signal for ORGN stock?
ORIGIN MATERIALS INC (ORGN) has an RSI value of 41.8752. This indicates that the stock is currently neutral.
What is the buy/sell signal for ORGN stock?
The buy/sell signal for ORIGIN MATERIALS INC (ORGN) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for ORIGIN MATERIALS INC?
ORIGIN MATERIALS INC (ORGN) has a support level at 0.42 and a resistance level at 0.63. Check the full technical report for our detailed analysis of ORGN support and resistance levels.