OLD REPUBLIC INTL CORP (ORI) Stock Technical Analysis
NYSE:ORI - US6802231042 - Common Stock
40.04 USD
+0.39 (+0.98%)
40.04 USD
0 (0%)
We assign a technical rating of 8 out of 10 to ORI. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ORI is only an average performer.
The long and short term trends are both positive. This is looking good!
ORI is one of the better performing stocks in the Insurance industry, it outperforms 76% of 143 stocks in the same industry.
ORI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ORI has a been trading in the 35.60 - 40.21 range, which is quite wide. It is currently trading near the high of this range.
ORI has an average volume of 1493070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ORI outperforms 61% of them, which is more or less in line with the market.
Although ORI has an excellent technical rating, it 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.
More info and screens
35.37
40.44
We found 2 important support areas.
- A support zone ranging from 37.50 to 38.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.73 to 36.15. 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 | UP | POSITIVE | The short term trend for ORI is up. |
| ChartMill Relative Strength | 61.98 | NEUTRAL | ORI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ORI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORI is above 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) | 70.1 | OVERBOUGHT | The high RSI value suggests ORI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ORI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.93 | OVERBOUGHT | The high Stochastics value suggests ORI may be overbought. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for ORI suggests low volalility. |
| Average Directional Index/ADX (14) | 29.37 | POSITIVE | The high ADX value value for ORI suggests a strong 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)
40.04
+0.39 (+0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.98%
1 Week1.88%
2 Weeks3.54%
1 Month10.49%
3 Month5.93%
6 Month3.97%
12 Month11.63%
2 Year46.4%
3 Year83.33%
5 Year148.54%
10 Year154.87%
15 Year213.3%
Volatility
ATR(14)0.57
ATR(20)%1.41%
ATR Inc5.54%
Range Today0.74
ADR(20)0.52
ADR(20)%1.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.98
Mansfield-0.13
10 Day High40.21
10 Day Low37.97
20 Day High40.21
20 Day Low35.6
52 Week High40.21
52 Week Low33
CS1 End38.42
CR1 StartN/A
Volume & EV
DER(3)0.64%
DER(5)0.12%
Volume1.76M
Volume Incr-30.21%
Vol(5)1.03M
Vol(50)1.49M