Taking everything into account, ORKA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ORKA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ORKA is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by ORKA over the past year are nicely spread over this period.
- ORKA is one of the better performing stocks in the Biotechnology industry, it outperforms 89% of 528 stocks in the same industry.
- A new 52 week high is currently being made by ORKA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ORKA has a been trading in the 25.23 - 33.85 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ORKA has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.35
When analyzing the support we can see 3 important areas.
- Support @27.35 from a trend line in the daily time frame.
- Support @26.19 from a horizontal line in the daily time frame.
- Support @20.56 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 33.40 to 33.42. 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 | 96.8 | POSITIVE | ORKA has a high relative strength, it outperformed 96.8% 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) | UP | POSITIVE | The current price of ORKA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63 | NEUTRAL | The RSI value for ORKA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests ORKA has a positive trend. |
| Stochastics (14,3) | 94.61 | OVERBOUGHT | The high Stochastics value suggests ORKA may be overbought. |
| Average True Range in percent/ATR (20) | 6.43 | HIGH VOLATILITY | The high ATR as a percentage value for ORKA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.87 | NEGATIVE | The low ADX value for ORKA suggests a weak or negative trend. |
33.4
+0.9 (+2.77%)
ORUKA THERAPEUTICS INC / ORKA FAQ
Can you provide the ChartMill technical rating for ORUKA THERAPEUTICS INC?
ChartMill assigns a technical rating of 10 / 10 to ORKA.
What is the trend direction for ORKA stock?
The current trend direction for ORUKA THERAPEUTICS INC (ORKA) is Bullish.
What is the RSI signal for ORKA stock?
ORUKA THERAPEUTICS INC (ORKA) has an RSI value of 63.0005. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ORUKA THERAPEUTICS INC?
The MACD indicator for ORUKA THERAPEUTICS INC (ORKA) has a value of 0.445094, indicating a bearish trend.
Can you provide the buy/sell signal for ORUKA THERAPEUTICS INC?
The buy/sell signal for ORUKA THERAPEUTICS INC (ORKA) is buy as both the short term and long term trends are positive.