ORGANOGENESIS HOLDINGS INC (ORGO) Stock Technical Analysis
USA - NASDAQ:ORGO - US68621F1021 - Common Stock
4.58 USD
-0.17 (-3.58%)
4.58 USD
0 (0%)
Taking everything into account, ORGO scores 8 out of 10 in our technical rating. ORGO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
In the last month ORGO has a been trading in the 4.51 - 5.20 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, ORGO did better than 90% of all other stocks.
ORGO is part of the Biotechnology industry. There are 538 other stocks in this industry. ORGO outperforms 83% of them.
ORGO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ORGO is lagging the market.
Although ORGO has an excellent technical rating, the quality of the presented setup is not ideal 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
2.75
5.21
3 important support areas can be observed.
- A support zone ranging from 4.46 to 4.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.85 from a trend line in the weekly time frame.
- Support @2.78 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.03 to 5.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.16 to 5.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ORGO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORGO is neutral. |
| ChartMill Relative Strength | 90.9 | POSITIVE | ORGO has a high relative strength, it outperformed 90.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ORGO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ORGO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ORGO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.67 | NEUTRAL | The RSI value for ORGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ORGO has a negative trend. |
| Stochastics (14,3) | 11.46 | OVERSOLD | The low Stochastics value suggests ORGO may be oversold. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ORGO suggests some volalility. |
| Average Directional Index/ADX (14) | 11.49 | NEGATIVE | The low ADX value for ORGO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
4.58
-0.17 (-3.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.58%
1 Week-7.1%
2 Weeks-8.4%
1 Month2.46%
3 Month41.8%
6 Month-6.15%
12 Month61.84%
2 Year44.03%
3 Year41.36%
5 Year19.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%4.92%
ATR Inc-12.45%
Range Today0.21
ADR(20)0.21
ADR(20)%4.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.9
Mansfield0.56
10 Day High5.1
10 Day Low4.56
20 Day High5.2
20 Day Low4.51
52 Week High6.71
52 Week Low2.61
CS1 End4.58
CR1 Start5.03
Volume & EV
DER(3)1.92%
DER(5)0.94%
Volume629.90K
Volume Incr-20.76%
Vol(5)536.60K
Vol(50)745.51K