ORAMED PHARMACEUTICALS INC (ORMP)

US68403P2039 - Common Stock

2.46  +0.16 (+6.96%)

Technical Rating and Analysis

1

Overall ORMP gets a technical rating of 1 out of 10. ORMP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
ORMP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ORMP is lagging the market.
When compared to the yearly performance of all other stocks, ORMP outperforms 63% of them, which is more or less in line with the market.
ORMP is an average performer in the Pharmaceuticals industry, it outperforms 63% of 198 stocks in the same industry.
In the last month ORMP has a been trading in the 2.14 - 2.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ORMP Weekly chart
ORMP Daily chart
Setup Rating and Analysis

5

ORMP has a poor technical rating and the quality of the setup is also only medium 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.

Support and Resistance Analysis

2.14

3.47

2 important support areas can be observed.

  • A support zone ranging from 2.23 to 2.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 2.16 to 2.19. This zone is formed by a combination of multiple trend lines in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @3.23 from a trend line in the weekly time frame.
  • Resistance @3.44 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.56
Mansfield-2.22
10 Day High2.57
10 Day Low2.14
20 Day High2.95
20 Day Low2.14
52 Week High5.25
52 Week Low1.67
Performance
1 Week8.37%
2 Weeks-2.38%
1 Month-15.75%
3 Month6.03%
6 Month32.97%
12 Month8.37%
2 Year-52.14%
3 Year-76.92%
5 Year-32.97%
10 Year-74.53%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)45.57
LBB2.14
UBB2.7
ORMP Daily chart

ORAMED PHARMACEUTICALS INC

NASDAQ:ORMP (4/26/2024, 7:08:20 PM)

2.46

+0.16 (+6.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg6.96%
1 Week8.37%
2 Weeks-2.38%
1 Month-15.75%
3 Month6.03%
6 Month32.97%
12 Month8.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.14
ATR(20)%5.84%
ATR Inc
Range Today0.17
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.57
10 Day Low2.14
20 Day High2.95
20 Day Low2.14
52 Week High5.25
52 Week Low1.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume84.50K
Volume Incr-49.73%
Vol(5)64.60K
Vol(50)154.45K