ORION GROUP HOLDINGS INC (ORN) Technical Analysis
NYSE:ORN • US68628V3087
Current stock price
ORN Technical Rating and Analysis
Overall ORN gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ORN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ORN did better than 90% of all other stocks. On top of that, ORN also shows a nice and consistent pattern of rising prices.
- In the last month ORN has a been trading in the 9.75 - 12.15 range, which is quite wide. It is currently trading near the high of this range.
- ORN is part of the Construction & Engineering industry. There are 55 other stocks in this industry, ORN did better than 62% of them.
- ORN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ORN is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ORN Weekly and Daily overview Charts
ORN Setup Rating and Analysis
Although ORN has an excellent technical rating, the quality of the presented setup is not ideal 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
ORN Support and Resistance Analysis
9.82
We found 5 important support areas.
- A support zone ranging from 11.32 to 11.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.86 to 10.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.64 from a horizontal line in the daily time frame.
- A support zone ranging from 10.26 to 10.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.92 to 9.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 11.87 to 11.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
ORN 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 ORN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ORN is up. |
| ChartMill Relative Strength | 90.18 | POSITIVE | ORN has a high relative strength, it outperformed 90.18% 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) | DOWN | NEGATIVE | The current price of ORN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ORN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.47 | NEUTRAL | The RSI value for ORN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests ORN has a positive trend. |
| Stochastics (14,3) | 75.6 | NEUTRAL | The Stochastics value for ORN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for ORN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.94 | NEGATIVE | The low ADX value for ORN suggests a weak or negative trend. |
ORN Chart- and CandleStick Pattern Analysis
ORN Technicals: Chart, Performance Metrics, Trend & Indicators
11.86
+0.35 (+3.04%)
ORION GROUP HOLDINGS INC / ORN TA FAQ
What is the technical rating for ORN stock?
ChartMill assigns a technical rating of 9 / 10 to ORN.
What is the trend direction for ORN stock?
The current trend direction for ORION GROUP HOLDINGS INC (ORN) is Bullish.
What is the RSI signal for ORN stock?
ORION GROUP HOLDINGS INC (ORN) has an RSI value of 55.4744. This indicates that the stock is currently neutral.
What is the short term momentum for ORN stock?
The short term momentum for ORION GROUP HOLDINGS INC (ORN) is positive.
Can you provide the buy/sell signal for ORION GROUP HOLDINGS INC?
The buy/sell signal for ORION GROUP HOLDINGS INC (ORN) is buy as both the short term and long term trends are positive.