OLD REPUBLIC INTL CORP (ORI) Stock Technical Analysis
NYSE:ORI • US6802231042
We assign a technical rating of 3 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 38.55 - 43.32 range, which is quite wide. It is currently trading near the high of this range.
- ORI has an average volume of 1883800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, ORI turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
- ORI is an average performer in the Insurance industry, it outperforms 64% of 150 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.
- Volume is considerably higher in the last couple of days.
ORI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 42.07, a Stop Loss order could be placed below this zone.
More info and screens
37.55
2 important support areas can be observed.
- A support zone ranging from 41.23 to 42.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.93 to 38.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 42.69 to 43.32. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for ORI is neutral. |
| ChartMill Relative Strength | 40.83 | 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) | DOWN | NEGATIVE | The current price of ORI is below a declining 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) | 54.7 | NEUTRAL | The RSI value for ORI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests ORI has a positive trend. |
| Stochastics (14,3) | 59.48 | NEUTRAL | The Stochastics value for ORI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for ORI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.47 | NEGATIVE | The low ADX value for ORI suggests a weak or negative trend. |
42.32
+0.33 (+0.79%)
OLD REPUBLIC INTL CORP / ORI FAQ
What is the technical rating for ORI stock?
ChartMill assigns a technical rating of 3 / 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 54.7042. 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 42.07 and a resistance level at 42.69. Check the full technical report for our detailed analysis of ORI support and resistance levels.