O'REILLY AUTOMOTIVE INC (ORLY) Technical Analysis
NASDAQ:ORLY • US67103H1077
We assign a technical rating of 3 out of 10 to ORLY. In the past year, ORLY was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- In the last month ORLY has a been trading in the 90.22 - 97.35 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- ORLY has an average volume of 6048020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, ORLY outperforms 46% of them, which is more or less in line with the market.
- ORLY is part of the Specialty Retail industry. There are 123 other stocks in this industry, ORLY did better than 60% of them.
- ORLY 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 ORLY is lagging the market slightly.
ORLY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 95.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 94.53, a Stop Loss order could be placed below this zone.
More info and screens
87.24
2 important support areas can be observed.
- A support zone ranging from 91.85 to 94.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 88.12 to 90.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 95.41 to 96.62. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @99.60 from a trend line in the daily time frame.
- Resistance @103.05 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 | DOWN | NEGATIVE | The long term trend for ORLY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORLY is neutral. |
| ChartMill Relative Strength | 46.97 | NEUTRAL | ORLY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ORLY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORLY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ORLY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.48 | NEUTRAL | The RSI value for ORLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests ORLY has a positive trend. |
| Stochastics (14,3) | 58.97 | NEUTRAL | The Stochastics value for ORLY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for ORLY suggests some volalility. |
| Average Directional Index/ADX (14) | 13.04 | NEGATIVE | The low ADX value for ORLY suggests a weak or negative trend. |
ORLY Technicals: Chart, Performance Metrics, Trend & Indicators
94.6
+0.24 (+0.25%)
O'REILLY AUTOMOTIVE INC / ORLY FAQ
What is the technical rating for ORLY stock?
ChartMill assigns a technical rating of 3 / 10 to ORLY.
Can you provide the trend direction for O'REILLY AUTOMOTIVE INC?
The current trend direction for O'REILLY AUTOMOTIVE INC (ORLY) is Bearish.
What is the RSI signal for ORLY stock?
O'REILLY AUTOMOTIVE INC (ORLY) has an RSI value of 50.4763. This indicates that the stock is currently neutral.
What is the MACD signal for ORLY stock?
The MACD indicator for O'REILLY AUTOMOTIVE INC (ORLY) has a value of 0.140119, indicating a bearish trend.