ORLA MINING LTD (ORLA) Technical Analysis
NYSEARCA:ORLA • CA68634K1066
Current stock price
17.04 USD
+0.33 (+1.97%)
At close:
17.2366 USD
+0.2 (+1.15%)
After Hours:
ORLA Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to ORLA. ORLA was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- When comparing the yearly performance of all stocks, we notice that ORLA is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by ORLA over the past year are nicely spread over this period.
- ORLA has an average volume of 2421920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- ORLA is part of the Metals & Mining industry. There are 158 other stocks in this industry, ORLA did better than 64% of them.
- ORLA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ORLA is lagging the market slightly.
- In the last month ORLA has a been trading in the 12.41 - 18.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ORLA Weekly and Daily overview Charts
ORLA Setup Rating and Analysis
Although ORLA 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
ORLA Support and Resistance Analysis
9.47
17.27
6 important support areas can be observed.
- Support @13.79 from a trend line in the daily time frame.
- Support @13.18 from a horizontal line in the daily time frame.
- Support @12.40 from a trend line in the weekly time frame.
- Support @10.63 from a trend line in the weekly time frame.
- Support @9.84 from a trend line in the daily time frame.
- Support @9.57 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.05 to 17.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ORLA 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 | NEUTRAL | NEUTRAL | The long term trend for ORLA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORLA is neutral. |
| ChartMill Relative Strength | 92.52 | POSITIVE | ORLA has a high relative strength, it outperformed 92.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ORLA is above a declining 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) | 55.44 | NEUTRAL | The RSI value for ORLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests ORLA has a positive trend. |
| Stochastics (14,3) | 82.69 | OVERBOUGHT | The high Stochastics value suggests ORLA may be overbought. |
| Average True Range in percent/ATR (20) | 6.69 | HIGH VOLATILITY | The high ATR as a percentage value for ORLA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.85 | NEUTRAL | The ADX value for ORLA suggests a possible start of a new trend. |
ORLA Chart- and CandleStick Pattern Analysis
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)
ORLA Technicals: Chart, Performance Metrics, Trend & Indicators
17.04
+0.33 (+1.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.97%
1 Week23.39%
2 Weeks27.45%
1 Month-7.19%
3 Month29.29%
6 Month66.08%
12 Month107.55%
2 Year334.69%
3 Year276.16%
5 Year374.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.19
ATR(20)%6.69%
ATR Inc37.08%
Range Today1.78
ADR(20)1.03
ADR(20)%6.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.52
3 months CRS93.74
6 months CRS96.59
Mansfield3.4
10 Day High17.42
10 Day Low13.27
20 Day High18.72
20 Day Low12.41
52 Week High21.98
52 Week Low7.08
CS1 End13.79
CR1 Start17.05
Volume & EV
DER(3)2.08%
DER(5)2.78%
Volume1.89M
Volume Incr5.77%
Vol(5)2.51M
Vol(50)2.42M
ORLA MINING LTD / ORLA TA FAQ
Can you provide the ChartMill technical rating for ORLA MINING LTD?
ChartMill assigns a technical rating of 7 / 10 to ORLA.
Can you provide the trend direction for ORLA MINING LTD?
The current trend direction for ORLA MINING LTD (ORLA) is Bearish.
What is the RSI signal for ORLA stock?
ORLA MINING LTD (ORLA) has an RSI value of 55.4374. This indicates that the stock is currently neutral.
What is the MACD signal for ORLA stock?
The MACD indicator for ORLA MINING LTD (ORLA) has a value of 0.230319, indicating a bearish trend.
What is the short term momentum for ORLA MINING LTD (ORLA) stock?
The short term momentum for ORLA MINING LTD (ORLA) is neutral.