ORUKA THERAPEUTICS INC (ORKA) Stock Technical Analysis
NASDAQ:ORKA - US6876041087 - Common Stock
15.18 USD
+0.37 (+2.5%)
15.18 USD
0 (0%)
Taking everything into account, ORKA scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ORKA is a bad performer.
100% of all other stocks performed better in the past year than ORKA.
ORKA is part of the Biotechnology industry. There are 547 other stocks in this industry, of which 91% are performing better than ORKA.
The long and short term trends are both positive. This is looking good!
In the last month ORKA has a been trading in the 12.84 - 15.94 range, which is quite wide. It is currently trading near the high of this range.
ORKA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ORKA is lagging the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ORKA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 15.29. Right above this resistance zone may be a good entry point.
More info and screens
12.91
15.67
2 important support areas can be observed.
- Support @13.94 from a trend line in the daily time frame.
- A support zone ranging from 13.04 to 13.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 15.29 to 15.51. 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 ORKA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ORKA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ORKA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ORKA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORKA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ORKA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.16 | NEUTRAL | The RSI value for ORKA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ORKA has a positive trend. |
| Stochastics (14,3) | 64.3 | NEUTRAL | The Stochastics value for ORKA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.9 | HIGH VOLATILITY | The high ATR as a percentage value for ORKA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.98 | NEUTRAL | The ADX value for ORKA suggests a possible start of a new 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 |
|---|---|---|---|
| 15.52 | 14.07 | 1.45 (9.34%) | 10.70% |
| An entry @15.52. This is a Buy Stop order right above the resistance zone. | An exit @14.07. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.45 points, which is 9.34%. | For a 1.00% total portfolio risk, you can invest 10.70% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ORKA. Please evaluate whether better entry and exit points can be found.
- 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.
15.18
+0.37 (+2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.5%
1 Week5.42%
2 Weeks-0.98%
1 Month10.08%
3 Month38.5%
6 Month49.56%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.02
ATR(20)%6.9%
ATR Inc-24.92%
Range Today1
ADR(20)1.04
ADR(20)%6.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High15.81
10 Day Low14.08
20 Day High15.94
20 Day Low12.84
52 Week High31.13
52 Week Low5.49
CS1 End13.94
CR1 Start15.29
Volume & EV
DER(3)1.76%
DER(5)0.78%
Volume177.60K
Volume Incr1.51%
Vol(5)138.56K
Vol(50)233.28K