ORUKA THERAPEUTICS INC (ORKA) Technical Analysis
NASDAQ:ORKA • US6876041087
Current stock price
ORKA Technical Rating and Analysis
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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ORKA is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, ORKA also shows a nice and consistent pattern of rising prices.
- ORKA is part of the Biotechnology industry. There are 519 other stocks in this industry. ORKA outperforms 90% of them.
- ORKA is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ORKA is leading the market.
- In the last month ORKA has a been trading in the 31.32 - 42.88 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
ORKA Weekly and Daily overview Charts
ORKA Setup Rating and Analysis
Although ORKA has an excellent technical rating, it does not present a decent entry opportunity 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
ORKA Support and Resistance Analysis
22.50
When analyzing the support we can see 5 important areas.
- A support zone ranging from 38.81 to 38.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.87 to 33.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.42 from a horizontal line in the daily time frame.
- Support @26.19 from a horizontal line in the daily time frame.
- Support @22.73 from a trend line in the daily time frame.
ORKA 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 | 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 | 98.02 | POSITIVE | ORKA has a high relative strength, it outperformed 98.02% 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) | 59.66 | NEUTRAL | The RSI value for ORKA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests ORKA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.85 | NEUTRAL | The Stochastics value for ORKA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.85 | HIGH VOLATILITY | The high ATR as a percentage value for ORKA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.03 | NEUTRAL | The ADX value for ORKA suggests a possible start of a new trend. |
ORKA Chart- and CandleStick Pattern Analysis
ORKA Technicals: Chart, Performance Metrics, Trend & Indicators
41.56
+2.65 (+6.81%)
ORUKA THERAPEUTICS INC / ORKA TA 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 59.6586. 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 0.523355, 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.