O'REILLY AUTOMOTIVE INC (ORLY) Stock Technical Analysis
NASDAQ:ORLY - Nasdaq - US67103H1077 - Common Stock - Currency: USD
Taking everything into account, ORLY scores 3 out of 10 in our technical rating. ORLY has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ORLY is one of the better performing stocks in the Specialty Retail industry, it outperforms 70% of 121 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.
ORLY has an average volume of 1794980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ORLY turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
In the last month ORLY has a been trading in the 86.94 - 92.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, ORLY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 89.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 89.15, a Stop Loss order could be placed below this zone.
More info and screens
70.28
97.09
We found 2 important support areas.
- A support zone ranging from 86.39 to 90.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @70.99 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 90.29 to 91.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 93.91 to 94.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @96.13 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 | 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 | 65.21 | NEUTRAL | ORLY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ORLY is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ORLY is below a declining 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) | 50.33 | NEUTRAL | The RSI value for ORLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ORLY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.96 | NEUTRAL | The Stochastics value for ORLY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for ORLY suggests some volalility. |
| Average Directional Index/ADX (14) | 14.04 | NEGATIVE | The low ADX value for ORLY suggests a weak or negative 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)
90.13
+0.97 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.09%
1 Week-1.24%
2 Weeks0.24%
1 Month-1.14%
3 Month-2.73%
6 Month12.27%
12 Month31.66%
2 Year41.52%
3 Year114%
5 Year220.62%
10 Year498.26%
15 Year2742.62%
Volatility
ATR(14)1.9
ATR(20)%2.1%
ATR Inc-17.7%
Range Today1.37
ADR(20)1.87
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.21
Mansfield0.07
10 Day High91.34
10 Day Low86.94
20 Day High92.96
20 Day Low86.94
52 Week High97.22
52 Week Low67.55
CS1 End89.15
CR1 Start89.88
Volume & EV
DER(3)2.06%
DER(5)0.86%
Volume5.37M
Volume Incr89.38%
Vol(5)5.09M
Vol(50)1.79M