ORIC PHARMACEUTICALS INC (ORIC) Stock Technical Analysis
NASDAQ:ORIC - US68622P1093 - Common Stock
10.03 USD
-0.23 (-2.24%)
10.03 USD
0 (0%)
Taking everything into account, ORIC scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ORIC is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month ORIC has a been trading in the 8.97 - 10.35 range, which is quite wide. It is currently trading near the high of this range.
ORIC has an average volume of 1021540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ORIC turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
ORIC is an average performer in the Biotechnology industry, it outperforms 63% of 547 stocks in the same industry.
ORIC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ORIC is lagging the market.
ORIC has only a medium 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 9.79, a Stop Loss order could be placed below this zone.
More info and screens
8.94
12.02
We found 3 important support areas.
- A support zone ranging from 9.60 to 9.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.19 to 9.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.03 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 10.27 to 10.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @11.18 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.45 to 11.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.90 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for ORIC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORIC is neutral. |
| ChartMill Relative Strength | 64.12 | NEUTRAL | ORIC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ORIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ORIC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ORIC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.16 | NEUTRAL | The RSI value for ORIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ORIC has a positive trend. |
| Stochastics (14,3) | 79.58 | NEUTRAL | The Stochastics value for ORIC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.67 | MEDIUM VOLATILITY | The ATR as a percentage value for ORIC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.64 | NEGATIVE | The low ADX value for ORIC 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.34 | 9.59 | 0.75 (7.25%) | 13.79% |
| An entry @10.34. This is a Buy Stop order right above the resistance zone. | An exit @9.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.75 points, which is 7.25%. | When investing 13.79% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.03
-0.23 (-2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.24%
1 Week3.51%
2 Weeks1.01%
1 Month0.6%
3 Month22.77%
6 Month24.91%
12 Month-3.28%
2 Year11.94%
3 Year189.88%
5 Year-59.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%4.67%
ATR Inc-11.94%
Range Today0.38
ADR(20)0.46
ADR(20)%4.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.12
Mansfield0.49
10 Day High10.35
10 Day Low9.32
20 Day High10.35
20 Day Low8.97
52 Week High14.67
52 Week Low3.9
CS1 End9.79
CR1 Start10.27
Volume & EV
DER(3)0.63%
DER(5)1.2%
Volume875.14K
Volume Incr-37.73%
Vol(5)821.89K
Vol(50)1.02M