ORIC PHARMACEUTICALS INC (ORIC) Stock Technical Analysis
NASDAQ:ORIC - Nasdaq - US68622P1093 - Common Stock - Currency: USD
Taking everything into account, ORIC scores 6 out of 10 in our technical rating. In the last year, ORIC was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month ORIC has a been trading in the 9.47 - 12.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ORIC is one of the better performing stocks in the Biotechnology industry, it outperforms 87% of 551 stocks in the same industry.
ORIC has an average volume of 1526050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, ORIC did better than 93% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
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.
Considerably lower volume is observed in the last couple of days.
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. We notice that large players showed an interest for ORIC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.64
12.02
We found 1 important support area.
- A support zone ranging from 9.74 to 9.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.89 to 10.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.74 to 11.90. 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 ORIC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ORIC is down. |
| ChartMill Relative Strength | 93.03 | POSITIVE | ORIC has a high relative strength, it outperformed 93.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ORIC is below a declining 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) | 42.28 | NEUTRAL | The RSI value for ORIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests ORIC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.97 | OVERSOLD | The low Stochastics value suggests ORIC may be oversold. |
| Average True Range in percent/ATR (20) | 6.33 | HIGH VOLATILITY | The high ATR as a percentage value for ORIC suggests high volalility. |
| Average Directional Index/ADX (14) | 32.29 | POSITIVE | The high ADX value value for ORIC 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)
9.88
-0.11 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.1%
1 Week-7.75%
2 Weeks-16.27%
1 Month-9.36%
3 Month94.49%
6 Month-19.35%
12 Month17.76%
2 Year10.27%
3 Year185.55%
5 Year-60.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%6.33%
ATR Inc-21.18%
Range Today0.5
ADR(20)0.62
ADR(20)%6.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.03
Mansfield0.49
10 Day High11.91
10 Day Low9.47
20 Day High12
20 Day Low9.47
52 Week High14.67
52 Week Low3.9
CS1 End9.87
CR1 Start9.89
Volume & EV
DER(3)6.01%
DER(5)1.53%
Volume853.10K
Volume Incr-28.12%
Vol(5)844.98K
Vol(50)1.53M