ORKLA ASA (ORK.OL) Stock Technical Analysis
OSL:ORK - Euronext Oslo - NO0003733800 - Common Stock - Currency: NOK
Overall ORK gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ORK is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ORK did better than 85% of all other stocks. On top of that, ORK also shows a nice and consistent pattern of rising prices.
ORK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ORK is performing more or less in line with the market.
In the last month ORK has a been trading in the 106.50 - 119.40 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
ORK has an average volume of 1491990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ORK is an average performer in the Food Products industry, it outperforms 68% of 59 stocks in the same industry.
ORK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 114.44, a Stop Loss order could be placed below this zone.
More info and screens
98.26
122.51
When analyzing the support we can see 5 important areas.
- A support zone ranging from 112.52 to 114.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 107.70 to 110.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @105.80 from a horizontal line in the daily time frame.
- Support @101.90 from a horizontal line in the daily time frame.
- Support @99.25 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 121.30 to 121.30. 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 ORK.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ORK.OL is up. |
| ChartMill Relative Strength | 85.77 | POSITIVE | ORK.OL has a high relative strength, it outperformed 85.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ORK.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORK.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ORK.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.02 | NEUTRAL | The RSI value for ORK.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests ORK.OL has a positive trend. |
| Stochastics (14,3) | 78.29 | NEUTRAL | The Stochastics value for ORK.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for ORK.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.46 | NEGATIVE | The low ADX value for ORK.OL 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 |
|---|---|---|---|
| 116.41 | 112.51 | 3.90 (3.35%) | 25.00% |
| An entry @116.41. This is a Buy Stop order right above the 10 day high. | An exit @112.51. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.90 points, which is 3.35%. | For a 0.84% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
OSL:ORK (5/28/2025, 7:00:00 PM)
115.4
-0.3 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.26%
1 Week0.61%
2 Weeks6.56%
1 Month2.3%
3 Month6.16%
6 Month13.25%
12 Month38.12%
2 Year44.5%
3 Year56.54%
5 Year32.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.28
ATR(20)%1.88%
ATR Inc-47.45%
Range Today1.1
ADR(20)2.02
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.77
Mansfield1.19
10 Day High116.4
10 Day Low108.3
20 Day High119.4
20 Day Low106.5
52 Week High125.4
52 Week Low83.85
CS1 End114.44
CR1 Start121.3
Volume & EV
DER(3)0.04%
DER(5)-0.16%
Volume1.19M
Volume Incr-36.45%
Vol(5)1.04M
Vol(50)1.49M