O'REILLY AUTOMOTIVE INC (ORLY) Stock Technical Analysis
NASDAQ:ORLY - US67103H1077 - Common Stock
102.31 USD
-0.56 (-0.54%)
102.31 USD
0 (0%)
Taking everything into account, ORLY scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ORLY has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ORLY is one of the better performing stocks in the market, outperforming 85% 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 81% of 124 stocks in the same industry.
ORLY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ORLY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ORLY has an average volume of 4841790 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 and the volatility has been reduced. There is a resistance zone just above the current price starting at 103.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 102.67, a Stop Loss order could be placed below this zone.
More info and screens
85.53
105.48
We found 3 important support areas.
- A support zone ranging from 91.73 to 92.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 87.84 to 89.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @86.39 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 102.58 to 104.44. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for ORLY is up. |
| ChartMill Relative Strength | 85.7 | POSITIVE | ORLY has a high relative strength, it outperformed 85.7% off all stocks 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 | POSITIVE | The current price of ORLY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.14 | NEUTRAL | The RSI value for ORLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests ORLY has a negative trend. |
| Stochastics (14,3) | 75.74 | NEUTRAL | The Stochastics value for ORLY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for ORLY suggests low volalility. |
| Average Directional Index/ADX (14) | 37.6 | POSITIVE | The high ADX value value for ORLY suggests a strong 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 |
|---|---|---|---|
| 104.45 | 101.39 | 3.06 (2.93%) | 25.00% |
| An entry @104.45. This is a Buy Stop order right above the resistance zone. | An exit @101.39. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.06 points, which is 2.93%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%. |
- 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.
102.31
-0.56 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.54%
1 Week1.35%
2 Weeks-0.58%
1 Month4.8%
3 Month12.27%
6 Month18.39%
12 Month38.2%
2 Year64.21%
3 Year121.35%
5 Year231.39%
10 Year542.75%
15 Year3164.33%
Volatility
ATR(14)1.62
ATR(20)%1.66%
ATR Inc-6.3%
Range Today1.91
ADR(20)1.67
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.7
Mansfield0.95
10 Day High104.53
10 Day Low100.84
20 Day High104.86
20 Day Low97.08
52 Week High104.86
52 Week Low73.11
CS1 End102.67
CR1 Start103.33
Volume & EV
DER(3)0.67%
DER(5)1.25%
Volume3.24M
Volume Incr-12.04%
Vol(5)4.44M
Vol(50)4.84M