O'REILLY AUTOMOTIVE INC (ORLY) Stock Technical Analysis
NASDAQ:ORLY - Nasdaq - US67103H1077 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to ORLY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ORLY is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ORLY did better than 79% of all other stocks. We also observe that the gains produced by ORLY over the past year are nicely spread over this period.
ORLY is part of the Specialty Retail industry. There are 122 other stocks in this industry. ORLY outperforms 76% of them.
ORLY is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ORLY is leading the market.
In the last month ORLY has a been trading in the 90.38 - 100.60 range, which is quite wide. It is currently trading near the high of this range.
ORLY has an average volume of 3732500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although ORLY has an excellent technical rating, the quality of the presented setup is not ideal 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
70.76
100.37
We found 4 important support areas.
- A support zone ranging from 94.54 to 94.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 87.84 to 92.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @86.39 from a horizontal line in the daily time frame.
- Support @71.47 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 99.13 to 99.38. 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 | UP | POSITIVE | The short term trend for ORLY is up. |
| ChartMill Relative Strength | 79.75 | POSITIVE | ORLY has a high relative strength, it outperformed 79.75% 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) | 67.75 | NEUTRAL | The RSI value for ORLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests ORLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.76 | OVERBOUGHT | The high Stochastics value suggests ORLY may be overbought. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for ORLY suggests low volalility. |
| Average Directional Index/ADX (14) | 28.31 | 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)
99.12
+0.8 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.81%
1 Week1.49%
2 Weeks7.34%
1 Month8.53%
3 Month5.72%
6 Month14.86%
12 Month30.76%
2 Year58.22%
3 Year113.28%
5 Year219.31%
10 Year519.32%
15 Year3045.33%
Volatility
ATR(14)2.02
ATR(20)%1.97%
ATR Inc-5.53%
Range Today1.92
ADR(20)1.91
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.75
Mansfield0.89
10 Day High100.6
10 Day Low92.19
20 Day High100.6
20 Day Low90.38
52 Week High100.6
52 Week Low73.11
CS1 End94.71
CR1 Start99.13
Volume & EV
DER(3)1.94%
DER(5)1.4%
Volume4.72M
Volume Incr2.29%
Vol(5)4.81M
Vol(50)3.73M