OLD REPUBLIC INTL CORP (ORI) Technical Analysis
NYSE:ORI • US6802231042
Current stock price
ORI Technical Rating and Analysis
Overall ORI gets a technical rating of 0 out of 10. 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.
- 68% of all other stocks performed better in the past year than ORI.
- ORI has an average volume of 1968160 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 148 other stocks in this industry, ORI did better than 63% of them.
- ORI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ORI is lagging the market slightly.
- In the last month ORI has a been trading in the 39.18 - 43.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ORI Weekly and Daily overview Charts
ORI Setup Rating and Analysis
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
ORI Support and Resistance Analysis
35.48
We found 3 important support areas.
- Support @40.19 from a trend line in the daily time frame.
- A support zone ranging from 37.93 to 38.73. 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 40.86 to 42.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.88 to 43.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
ORI Technical Indicator Signal Analysis
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 | 32.17 | 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) | 37.93 | NEUTRAL | The RSI value for ORI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ORI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.28 | 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) | 17.04 | NEGATIVE | The low ADX value for ORI suggests a weak or negative trend. |
ORI Chart- and CandleStick Pattern Analysis
ORI Technicals: Chart, Performance Metrics, Trend & Indicators
40.19
-0.17 (-0.42%)
OLD REPUBLIC INTL CORP / ORI TA 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 37.9251. 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 40.19 and a resistance level at 40.86. Check the full technical report for our detailed analysis of ORI support and resistance levels.