OLD REPUBLIC INTL CORP (ORI) Stock Technical Analysis
USA - NYSE:ORI - US6802231042 - Common Stock
Taking everything into account, ORI scores 5 out of 10 in our technical rating. ORI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
ORI has an average technical rating and the quality of the presented setup is also not ideal 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
4 important support areas can be observed.
- A support zone ranging from 39.91 to 41.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.67 to 39.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 36.70 to 37.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.73 to 35.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.36 to 43.51. 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 | 75.06 | POSITIVE | ORI has a high relative strength, it outperformed 75.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ORI is above a declining 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) | 53.69 | NEUTRAL | The RSI value for ORI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ORI has a positive trend. |
| Stochastics (14,3) | 52.15 | NEUTRAL | The Stochastics value for ORI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for ORI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.02 | POSITIVE | The high ADX value value for ORI suggests a strong trend. |
41.26
+0.61 (+1.5%)
OLD REPUBLIC INTL CORP / ORI FAQ
What is the technical rating for ORI stock?
ChartMill assigns a technical rating of 5 / 10 to ORI.
What is the trend direction for 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 53.6945. This indicates that the stock is currently neutral.
What are the support and resistance levels for OLD REPUBLIC INTL CORP (ORI) stock?
OLD REPUBLIC INTL CORP (ORI) has a support level at 41.1 and a resistance level at 43.36. Check the full technical report for our detailed analysis of ORI support and resistance levels.