ORUKA THERAPEUTICS INC (ORKA) Technical Analysis
NASDAQ:ORKA • US6876041087
Current stock price
ORKA Technical Rating and Analysis
Overall ORKA gets a technical rating of 10 out of 10. 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 97% 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 90% of 518 stocks in the same industry.
- 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.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month ORKA has a been trading in the 31.15 - 42.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ORKA Weekly and Daily overview Charts
ORKA Setup Rating and Analysis
ORKA has an excellent technical rating, but the quality of the setup is only medium 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
22.43
We found 4 important support areas.
- A support zone ranging from 32.73 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 @22.66 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 | 97.86 | POSITIVE | ORKA has a high relative strength, it outperformed 97.86% 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) | 59.45 | NEUTRAL | The RSI value for ORKA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests ORKA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.99 | NEUTRAL | The Stochastics value for ORKA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.83 | HIGH VOLATILITY | The high ATR as a percentage value for ORKA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.96 | 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
38.82
-1.98 (-4.85%)
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 59.4504. 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 0.666379, 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.