OLD REPUBLIC INTL CORP (ORI) Stock Technical Analysis
NYSE:ORI - New York Stock Exchange, Inc. - US6802231042 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ORI. ORI 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.
In the last month ORI has a been trading in the 36.19 - 38.59 range, which is quite wide. It is currently trading near the lows of this range.
ORI has an average volume of 1363320 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!
When compared to the yearly performance of all other stocks, ORI outperforms 51% of them, which is more or less in line with the market.
ORI is an average performer in the Insurance industry, it outperforms 65% of 145 stocks in the same industry.
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.
ORI has a poor technical rating and the quality of the setup is also only medium 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
35.57
40.20
We found 1 important support area.
- Support @35.93 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 36.70 to 36.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 37.49 to 38.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.97 to 38.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.80 from a horizontal 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 | 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 | 51.01 | 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) | 40.1 | NEUTRAL | The RSI value for ORI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests ORI has a negative trend. |
| Stochastics (14,3) | 23.9 | NEUTRAL | The Stochastics value for ORI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for ORI suggests low volalility. |
| Average Directional Index/ADX (14) | 12.43 | NEGATIVE | The low ADX value for ORI 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)
36.6
-0.03 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.08%
1 Week-3.61%
2 Weeks-3.23%
1 Month-0.33%
3 Month-1.24%
6 Month9.38%
12 Month17.01%
2 Year32.75%
3 Year57.28%
5 Year127.75%
10 Year118.77%
15 Year192.57%
Volatility
ATR(14)0.68
ATR(20)%1.78%
ATR Inc44.1%
Range Today0.46
ADR(20)0.64
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.01
Mansfield-0.7
10 Day High38.6
10 Day Low36.19
20 Day High38.6
20 Day Low36.19
52 Week High39.84
52 Week Low31.36
CS1 End35.93
CR1 Start36.7
Volume & EV
DER(3)0.49%
DER(5)1.01%
Volume1.63M
Volume Incr21.78%
Vol(5)1.74M
Vol(50)1.36M