ORAMED PHARMACEUTICALS INC (ORMP) Stock Technical Analysis
NASDAQ:ORMP - Nasdaq - US68403P2039 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ORMP. ORMP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
83% of all other stocks performed better in the past year than ORMP.
ORMP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ORMP is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, ORMP did better than 44% of them.
In the last month ORMP has a been trading in the 2.00 - 2.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ORMP does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.14, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ORMP in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
1.97
2.63
2 important support areas can be observed.
- A support zone ranging from 2.08 to 2.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.99 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.18 to 2.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.29 to 2.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.39 from a horizontal line in the daily time frame.
- Resistance @2.60 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for ORMP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORMP is neutral. |
| ChartMill Relative Strength | 17.07 | NEGATIVE | ORMP has a low relative strength, it was outperformed by 82.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ORMP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ORMP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ORMP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.09 | NEUTRAL | The RSI value for ORMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ORMP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.66 | NEUTRAL | The Stochastics value for ORMP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.74 | MEDIUM VOLATILITY | The ATR as a percentage value for ORMP suggests some volalility. |
| Average Directional Index/ADX (14) | 16.75 | NEGATIVE | The low ADX value for ORMP 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)
NASDAQ:ORMP (7/3/2025, 12:52:44 PM)
2.17
+0.01 (+0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.46%
1 Week-0.92%
2 Weeks0%
1 Month-4.42%
3 Month2.86%
6 Month-11.48%
12 Month-15.62%
2 Year-36.28%
3 Year-75.4%
5 Year-41.14%
10 Year-67.22%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%4.74%
ATR Inc38.03%
Range Today0.04
ADR(20)0.1
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.07
Mansfield-1.35
10 Day High2.25
10 Day Low2.06
20 Day High2.3
20 Day Low2
52 Week High3.09
52 Week Low1.82
CS1 End2.14
CR1 Start2.2
Volume & EV
DER(3)10.38%
DER(5)2.83%
Volume17.72K
Volume Incr-9.76%
Vol(5)81.00K
Vol(50)71.08K