ORLA MINING LTD (ORLA) Technical Analysis
NYSEARCA:ORLA • CA68634K1066
Current stock price
14.56 USD
+0.25 (+1.75%)
At close:
14.6396 USD
+0.08 (+0.55%)
After Hours:
ORLA Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to ORLA. Although ORLA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month ORLA has a been trading in the 12.41 - 21.98 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- When comparing the yearly performance of all stocks, we notice that ORLA is one of the better performing stocks in the market, outperforming 85% 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 2383910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- ORLA is an average performer in the Metals & Mining industry, it outperforms 48% of 159 stocks in the same industry.
- 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.
ORLA Weekly and Daily overview Charts
ORLA Setup Rating and Analysis
ORLA has an average technical rating and it also 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
14.71
We found 6 important support areas.
- Support @14.02 from a horizontal line in the weekly time frame.
- A support zone ranging from 13.18 to 13.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @12.28 from a trend line in the weekly time frame.
- Support @10.59 from a trend line in the weekly time frame.
- Support @9.82 from a trend line in the daily time frame.
- Support @9.57 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for ORLA is down. |
| ChartMill Relative Strength | 85.94 | POSITIVE | ORLA has a high relative strength, it outperformed 85.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ORLA is below 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) | 35.72 | NEUTRAL | The RSI value for ORLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests ORLA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.88 | NEUTRAL | The Stochastics value for ORLA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.53 | HIGH VOLATILITY | The high ATR as a percentage value for ORLA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.83 | POSITIVE | The high ADX value value for ORLA suggests a strong 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
14.56
+0.25 (+1.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.75%
1 Week-11.17%
2 Weeks-21.67%
1 Month-27.51%
3 Month-1.99%
6 Month32.38%
12 Month56.22%
2 Year277.57%
3 Year201.26%
5 Year285.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.21
ATR(20)%8.53%
ATR Inc-28.63%
Range Today0.67
ADR(20)1.1
ADR(20)%7.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.94
3 months CRS52.34
6 months CRS92.28
Mansfield1.43
10 Day High18.04
10 Day Low12.41
20 Day High21.98
20 Day Low12.41
52 Week High21.98
52 Week Low7.08
CS1 End14.02
CR1 StartN/A
Volume & EV
DER(3)-1.39%
DER(5)-0.14%
Volume1.90M
Volume Incr85.08%
Vol(5)3.69M
Vol(50)2.38M
ORLA MINING LTD / ORLA TA FAQ
Can you provide the ChartMill technical rating for ORLA MINING LTD?
ChartMill assigns a technical rating of 5 / 10 to ORLA.
Can you provide the trend direction for ORLA MINING LTD?
The current trend direction for ORLA MINING LTD (ORLA) is Bearish.
Can you provide the RSI signal for ORLA MINING LTD?
ORLA MINING LTD (ORLA) has an RSI value of 35.7246. This indicates that the stock is currently neutral.
What are the support and resistance levels for ORLA MINING LTD (ORLA) stock?
ORLA MINING LTD (ORLA) has a support level at 14.02. Check the full technical report for our detailed analysis of ORLA support and resistance levels.