ORIENTAL RISE HOLDINGS LTD (ORIS) Stock Technical Analysis
USA - NASDAQ:ORIS - KYG6781A1022 - Common Stock
We assign a technical rating of 1 out of 10 to ORIS. 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.
Although the technical rating is bad, ORIS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.16. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.15
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for ORIS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORIS is neutral. |
| ChartMill Relative Strength | 7.44 | NEGATIVE | ORIS has a low relative strength, it was outperformed by 92.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ORIS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ORIS is below the rising 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) | 46.89 | NEUTRAL | The RSI value for ORIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ORIS has a positive trend. |
| Stochastics (14,3) | 31.26 | NEUTRAL | The Stochastics value for ORIS is a neutral value. |
| Average True Range in percent/ATR (20) | 11.33 | HIGH VOLATILITY | The high ATR as a percentage value for ORIS suggests high volalility. |
| Average Directional Index/ADX (14) | 11.3 | NEGATIVE | The low ADX value for ORIS suggests a weak or negative trend. |
0.1504
-0.01 (-6.06%)
ORIENTAL RISE HOLDINGS LTD / ORIS FAQ
What is the technical rating for ORIS stock?
ChartMill assigns a technical rating of 1 / 10 to ORIS.
What is the current trend direction of ORIENTAL RISE HOLDINGS LTD (ORIS) stock?
The current trend direction for ORIENTAL RISE HOLDINGS LTD (ORIS) is Bearish.
What is the RSI signal for ORIENTAL RISE HOLDINGS LTD (ORIS) stock?
ORIENTAL RISE HOLDINGS LTD (ORIS) has an RSI value of 46.8856. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ORIENTAL RISE HOLDINGS LTD?
The MACD indicator for ORIENTAL RISE HOLDINGS LTD (ORIS) has a value of 0.00013299, indicating a bearish trend.
Can you provide the short term momentum for ORIENTAL RISE HOLDINGS LTD?
The short term momentum for ORIENTAL RISE HOLDINGS LTD (ORIS) is neutral.