O'REILLY AUTOMOTIVE INC (ORLY) Stock Technical Analysis
USA - NASDAQ:ORLY - US67103H1077 - Common Stock
104.97 USD
-0.71 (-0.67%)
105.1 USD
+0.13 (+0.12%)
Taking everything into account, ORLY scores 9 out of 10 in our technical rating. In the last year, ORLY was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that ORLY is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, ORLY also shows a nice and consistent pattern of rising prices.
ORLY is one of the better performing stocks in the Specialty Retail industry, it outperforms 76% of 122 stocks in the same industry.
ORLY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ORLY is lagging the market slightly.
In the last month ORLY has a been trading in the 100.95 - 108.72 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 4750230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ORLY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 103.93, a Stop Loss order could be placed below this zone.
More info and screens
85.53
108.90
We found 5 important support areas.
- A support zone ranging from 103.36 to 103.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 94.34 to 95.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @91.73 from a horizontal line in the daily time frame.
- A support zone ranging from 89.80 to 89.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @86.39 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 105.13 to 105.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 107.50 to 107.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ORLY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORLY is neutral. |
| ChartMill Relative Strength | 84.01 | POSITIVE | ORLY has a high relative strength, it outperformed 84.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ORLY is below a declining 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 | POSITIVE | The current price of ORLY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.54 | NEUTRAL | The RSI value for ORLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ORLY has a negative trend. |
| Stochastics (14,3) | 67.01 | NEUTRAL | The Stochastics value for ORLY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for ORLY suggests low volalility. |
| Average Directional Index/ADX (14) | 21.65 | NEUTRAL | The ADX value for ORLY suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 105.63 | 103.35 | 2.28 (2.16%) | 25.00% |
| An entry @105.63. This is a Buy Stop order right above the resistance zone. | An exit @103.35. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.28 points, which is 2.16%. | For a 0.54% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ORLY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
104.97
-0.71 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.67%
1 Week0.37%
2 Weeks1.23%
1 Month-0.07%
3 Month14.93%
6 Month13.29%
12 Month36.34%
2 Year69.23%
3 Year88.08%
5 Year260.64%
10 Year469.95%
15 Year2591.54%
Volatility
ATR(14)1.89
ATR(20)%1.84%
ATR Inc14.11%
Range Today1.61
ADR(20)1.9
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.01
Mansfield0.4
10 Day High108.72
10 Day Low100.95
20 Day High108.72
20 Day Low100.95
52 Week High108.72
52 Week Low76.22
CS1 End103.93
CR1 Start105.13
Volume & EV
DER(3)-0.32%
DER(5)0.96%
Volume3.39M
Volume Incr-16.69%
Vol(5)4.11M
Vol(50)4.75M