Taking everything into account, ORIC scores 0 out of 10 in our technical rating. ORIC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ORIC is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
7.95
We found 2 important support areas.
When analyzing the resistance we notice 2 important areas.
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 | DOWN | NEGATIVE | The long term trend for ORIC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ORIC is down. |
| ChartMill Relative Strength | 20.22 | NEGATIVE | ORIC has a low relative strength, it was outperformed by 79.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ORIC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ORIC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ORIC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.01 | NEUTRAL | The RSI value for ORIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests ORIC has a positive trend. |
| Stochastics (14,3) | 70.51 | NEUTRAL | The Stochastics value for ORIC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ORIC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.78 | NEGATIVE | The low ADX value for ORIC suggests a weak or negative trend. |
9.15
+0.7 (+8.28%)
ChartMill assigns a technical rating of 0 / 10 to ORIC.
The current trend direction for ORIC PHARMACEUTICALS INC (ORIC) is Bearish.
ORIC PHARMACEUTICALS INC (ORIC) has an RSI value of 50.0063. This indicates that the stock is currently neutral.
The MACD indicator for ORIC PHARMACEUTICALS INC (ORIC) has a value of 0.192442, indicating a bearish trend.
The buy/sell signal for ORIC PHARMACEUTICALS INC (ORIC) is sell as both the short term and long term trends are negative.