ORIS Technical Analysis - ORIENTAL RISE HOLDINGS LTD

Technical Rating and Analysis

Overall ORIS gets a technical rating of 1 out of 10. ORIS'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

When comparing the yearly performance of all stocks, ORIS is a bad performer in the overall market: 100% of all stocks are doing better.

ORIS is part of the Food Products industry. There are 87 other stocks in this industry, of which 95% are performing better than ORIS.

ORIS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month ORIS has a been trading in the 0.11 - 0.39 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.

ORIS has an average volume of 48623600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ORIENTAL RISE HOLDINGS LTD / ORIS Weekly stock chart

ORIENTAL RISE HOLDINGS LTD / ORIS Daily stock chart

Setup Rating and Analysis

ORIS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.13

0.23

We found 2 important support areas.

A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @0.13 from a trend line in the daily time frame.

2 important resistance areas can be observed.

Resistance @0.22 from a trend line in the daily time frame.
Resistance @0.23 from a trend line in the daily time frame.

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Technical Indicator Signal Analysis

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 ORIS is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for ORIS is down.
ChartMill Relative Strength	0	NEGATIVE	ORIS has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of ORIS is below the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of ORIS is above a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ORIS is below a declining SMA(200).
Relative Strength Index/RSI (14)	45.37	NEUTRAL	The RSI value for ORIS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests ORIS has a negative trend.
Stochastics (14,3)	14.08	OVERSOLD	The low Stochastics value suggests ORIS may be oversold.
Average True Range in percent/ATR (20)	33.18	HIGH VOLATILITY	The high ATR as a percentage value for ORIS suggests high volalility.
Average Directional Index/ADX (14)	25.05	POSITIVE	The high ADX value value for ORIS suggests a strong trend.