OLD REPUBLIC INTL CORP (ORI) Technical Analysis
NYSE:ORI • US6802231042
Taking everything into account, ORI scores 0 out of 10 in our technical rating. ORI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, ORI is a bad performer in the overall market: 66% of all stocks are doing better.
- In the last month ORI has a been trading in the 40.25 - 43.45 range, which is quite wide. It is currently trading near the lows of this range.
- ORI has an average volume of 1929440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- ORI is part of the Insurance industry. There are 149 other stocks in this industry, ORI did better than 66% of them.
- ORI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ORI is lagging the market.
The technical rating of ORI is bad and it also does not present a 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.
More info and screens
35.48
We found 2 important support areas.
- A support zone ranging from 37.93 to 38.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.84 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 41.89 to 42.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.32 to 43.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 46.59 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 | NEUTRAL | NEUTRAL | The long term trend for ORI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ORI is down. |
| ChartMill Relative Strength | 34.39 | 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) | DOWN | NEGATIVE | The current price of ORI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ORI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.04 | NEUTRAL | The RSI value for ORI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ORI has a negative trend. |
| Stochastics (14,3) | 23.47 | NEUTRAL | The Stochastics value for ORI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for ORI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.35 | NEGATIVE | The low ADX value for ORI suggests a weak or negative trend. |
ORI Technicals: Chart, Performance Metrics, Trend & Indicators
40.65
-0.23 (-0.56%)
OLD REPUBLIC INTL CORP / ORI FAQ
What is the technical rating for ORI stock?
ChartMill assigns a technical rating of 0 / 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 Bearish.
Can you provide the RSI signal for OLD REPUBLIC INTL CORP?
OLD REPUBLIC INTL CORP (ORI) has an RSI value of 39.0367. This indicates that the stock is currently neutral.
What is the support and resistance level for ORI stock?
OLD REPUBLIC INTL CORP (ORI) has a support level at 38.63 and a resistance level at 41.89. Check the full technical report for our detailed analysis of ORI support and resistance levels.