OLD REPUBLIC INTL CORP (ORI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ORI - US6802231042 - Common Stock
Taking everything into account, ORI scores 4 out of 10 in our technical rating. In the last year, ORI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
ORI has an average technical rating and it also does not offer a high quality setup 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.
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35.94
5 important support areas can be observed.
- Support @42.04 from a trend line in the weekly time frame.
- Support @40.32 from a trend line in the daily time frame.
- A support zone ranging from 39.20 to 39.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 38.39 to 38.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.30 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 42.83 to 44.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.41 to 46.63. 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 ORI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ORI is down. |
| ChartMill Relative Strength | 68.7 | NEUTRAL | ORI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ORI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ORI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ORI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.82 | NEUTRAL | The RSI value for ORI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests ORI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.33 | OVERSOLD | The low Stochastics value suggests ORI may be oversold. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for ORI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.45 | NEUTRAL | The ADX value for ORI suggests a possible start of a new trend. |
42.63
-0.37 (-0.86%)
OLD REPUBLIC INTL CORP / ORI FAQ
What is the technical rating for ORI stock?
ChartMill assigns a technical rating of 4 / 10 to ORI.
What is the current trend direction of OLD REPUBLIC INTL CORP (ORI) stock?
The current trend direction for OLD REPUBLIC INTL CORP (ORI) is Bullish.
Can you provide the RSI signal for OLD REPUBLIC INTL CORP?
OLD REPUBLIC INTL CORP (ORI) has an RSI value of 37.8235. This indicates that the stock is currently neutral.
What is the buy/sell signal for ORI stock?
The buy/sell signal for OLD REPUBLIC INTL CORP (ORI) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for OLD REPUBLIC INTL CORP?
OLD REPUBLIC INTL CORP (ORI) has a support level at 42.04 and a resistance level at 42.83. Check the full technical report for our detailed analysis of ORI support and resistance levels.