Overall ORMP gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ORMP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ORMP has an excellent technical rating, it does not present a decent entry opportunity 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
2.01
When analyzing the support we can see 5 important areas.
- A support zone ranging from 2.82 to 2.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.67 from a horizontal line in the daily time frame.
- A support zone ranging from 2.25 to 2.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.10 to 2.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.03 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.08 to 3.09. 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 ORMP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ORMP is up. |
| ChartMill Relative Strength | 87.77 | POSITIVE | ORMP has a high relative strength, it outperformed 87.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ORMP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORMP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ORMP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.37 | NEUTRAL | The RSI value for ORMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ORMP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.53 | NEUTRAL | The Stochastics value for ORMP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.24 | HIGH VOLATILITY | The high ATR as a percentage value for ORMP suggests high volalility. |
| Average Directional Index/ADX (14) | 37.59 | POSITIVE | The high ADX value value for ORMP suggests a strong trend. |
2.98
-0.05 (-1.65%)
ORAMED PHARMACEUTICALS INC / ORMP FAQ
What is the technical rating for ORMP stock?
ChartMill assigns a technical rating of 9 / 10 to ORMP.
What is the current trend direction of ORAMED PHARMACEUTICALS INC (ORMP) stock?
The current trend direction for ORAMED PHARMACEUTICALS INC (ORMP) is Bullish.
What is the RSI signal for ORAMED PHARMACEUTICALS INC (ORMP) stock?
ORAMED PHARMACEUTICALS INC (ORMP) has an RSI value of 65.3673. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ORAMED PHARMACEUTICALS INC?
The MACD indicator for ORAMED PHARMACEUTICALS INC (ORMP) has a value of 0.0157326, indicating a bearish trend.
What is the support and resistance level for ORMP stock?
ORAMED PHARMACEUTICALS INC (ORMP) has a support level at 2.84 and a resistance level at 3.08. Check the full technical report for our detailed analysis of ORMP support and resistance levels.