OWENS REALTY MORTGAGE INC (ORM) Technical Analysis
NYSEARCA:ORM
Current stock price
ORM Technical Rating and Analysis
Taking everything into account, ORM scores 8 out of 10 in our technical rating. In the last year, ORM 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 gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that ORM is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by ORM over the past year are nicely spread over this period.
- ORM 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 ORM is lagging the market slightly.
- In the last month ORM has a been trading in the 20.49 - 22.93 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.
ORM Weekly and Daily overview Charts
ORM Setup Rating and Analysis
ORM 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 21.28, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ORM Support and Resistance Analysis
15.52
We found 2 important support areas.
- A support zone ranging from 20.82 to 21.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.68 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.75 to 22.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
ORM Technical Indicator Signal Analysis
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 ORM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORM is neutral. |
| ChartMill Relative Strength | 92.03 | POSITIVE | ORM has a high relative strength, it outperformed 92.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ORM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ORM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.53 | NEUTRAL | The RSI value for ORM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ORM has a positive trend. |
| Stochastics (14,3) | 54.98 | NEUTRAL | The Stochastics value for ORM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for ORM suggests some volalility. |
ORM Chart- and CandleStick Pattern Analysis
ORM Example Setup
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 |
|---|---|---|---|
| 21.84 | 20.81 | 1.03 (4.72%) | 21.20% |
| An entry @21.84. This is a Buy Stop order right above the 10 day high. | An exit @20.81. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.03 points, which is 4.72%. | For a 1.00% total portfolio risk, you can invest 21.20% of your capital in this trade. |
- 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.
ORM Technicals: Chart, Performance Metrics, Trend & Indicators
21.75
+0.21 (+0.97%)
OWENS REALTY MORTGAGE INC / ORM TA FAQ
What is the technical rating for ORM stock?
ChartMill assigns a technical rating of 7 / 10 to ORM.
What is the trend direction for ORM stock?
The current trend direction for OWENS REALTY MORTGAGE INC (ORM) is Bullish.
Can you provide the RSI signal for OWENS REALTY MORTGAGE INC?
OWENS REALTY MORTGAGE INC (ORM) has an RSI value of 52.5337. This indicates that the stock is currently neutral.
What is the MACD signal for OWENS REALTY MORTGAGE INC (ORM) stock?
The MACD indicator for OWENS REALTY MORTGAGE INC (ORM) has a value of 0.0100337, indicating a bearish trend.