ORION GROUP HOLDINGS INC (ORN) Stock Technical Analysis
USA - NYSE:ORN - US68628V3087 - Common Stock
8.64 USD
-0.12 (-1.37%)
8.61 USD
-0.03 (-0.35%)
Taking everything into account, ORN scores 8 out of 10 in our technical rating. ORN has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ORN 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 ORN is lagging the market slightly.
In the last month ORN has a been trading in the 7.08 - 8.87 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ORN did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ORN is an average performer in the Construction & Engineering industry, it outperforms 64% of 52 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ORN has an excellent technical rating, it does not offer a high quality setup 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
5.32
9.71
4 important support areas can be observed.
- A support zone ranging from 7.65 to 7.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.29 from a trend line in the weekly time frame.
- Support @6.98 from a trend line in the daily time frame.
- Support @5.37 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @9.18 from a trend line in the weekly time frame.
- A resistance zone ranging from 9.61 to 9.61. 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 | NEUTRAL | NEUTRAL | The long term trend for ORN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ORN is up. |
| ChartMill Relative Strength | 82.69 | POSITIVE | ORN has a high relative strength, it outperformed 82.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ORN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ORN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.09 | NEUTRAL | The RSI value for ORN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests ORN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.25 | OVERBOUGHT | The high Stochastics value suggests ORN may be overbought. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for ORN suggests some volalility. |
| Average Directional Index/ADX (14) | 27.62 | POSITIVE | The high ADX value value for ORN suggests a strong 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)
8.64
-0.12 (-1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-1.37%
1 Week9.78%
2 Weeks16.44%
1 Month20.17%
3 Month-5.05%
6 Month61.8%
12 Month51.85%
2 Year61.19%
3 Year227.27%
5 Year214.18%
10 Year44.48%
15 Year-30.38%
Volatility
ATR(14)0.37
ATR(20)%4.14%
ATR Inc-25.36%
Range Today0.24
ADR(20)0.34
ADR(20)%3.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.69
Mansfield0.54
10 Day High8.87
10 Day Low7.43
20 Day High8.87
20 Day Low7.08
52 Week High9.95
52 Week Low4.64
CS1 End7.85
CR1 Start9.18
Volume & EV
DER(3)2.8%
DER(5)2.72%
Volume303.20K
Volume Incr13.04%
Vol(5)511.52K
Vol(50)470.67K