ORLA MINING LTD (ORLA) Stock Technical Analysis
USA - NYSEARCA:ORLA - CA68634K1066 - Common Stock
10.78 USD
-0.02 (-0.19%)
10.82 USD
+0.04 (+0.37%)
Taking everything into account, ORLA scores 8 out of 10 in our technical rating. ORLA has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
In the last month ORLA has a been trading in the 9.89 - 13.91 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, ORLA did better than 93% of all other stocks.
ORLA has an average volume of 2824190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ORLA is an average performer in the Metals & Mining industry, it outperforms 64% of 155 stocks in the same industry.
ORLA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ORLA is lagging the market.
Although ORLA 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
9.20
10.89
When analyzing the support we can see 4 important areas.
- Support @10.65 from a trend line in the daily time frame.
- A support zone ranging from 9.98 to 10.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.51 to 9.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.29 from a horizontal line in the daily time frame.
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 ORLA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORLA is neutral. |
| ChartMill Relative Strength | 93.55 | POSITIVE | ORLA has a high relative strength, it outperformed 93.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ORLA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ORLA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ORLA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.08 | NEUTRAL | The RSI value for ORLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ORLA has a negative trend. |
| Stochastics (14,3) | 34.58 | NEUTRAL | The Stochastics value for ORLA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.51 | HIGH VOLATILITY | The high ATR as a percentage value for ORLA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.71 | NEGATIVE | The low ADX value for ORLA 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)
10.78
-0.02 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.19%
1 Week-20.79%
2 Weeks-6.59%
1 Month2.08%
3 Month3.26%
6 Month0.56%
12 Month112.62%
2 Year250%
3 Year243.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.95
ATR(20)%7.51%
ATR Inc31.75%
Range Today0.55
ADR(20)0.73
ADR(20)%6.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.55
3 months CRS57.37
6 months CRS24.19
Mansfield1.16
10 Day High13.91
10 Day Low10.34
20 Day High13.91
20 Day Low9.89
52 Week High13.91
52 Week Low3.81
CS1 End10.65
CR1 StartN/A
Volume & EV
DER(3)4.91%
DER(5)1.81%
Volume1.83M
Volume Incr-31.63%
Vol(5)2.85M
Vol(50)2.82M