ORION GROUP HOLDINGS INC (ORN) Stock Technical Analysis
USA - NYSE:ORN - US68628V3087 - Common Stock
We assign a technical rating of 9 out of 10 to ORN. 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.
Although ORN 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.
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5.42
We found 4 important support areas.
- A support zone ranging from 10.14 to 10.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.93 from a trend line in the weekly time frame.
- Support @7.52 from a trend line in the daily time frame.
- Support @5.47 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @10.78 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 | 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 | 91.35 | POSITIVE | ORN has a high relative strength, it outperformed 91.35% 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) | UP | POSITIVE | The current price of ORN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.13 | NEUTRAL | The RSI value for ORN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ORN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.16 | NEUTRAL | The Stochastics value for ORN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for ORN suggests high volalility. |
| Average Directional Index/ADX (14) | 32.61 | POSITIVE | The high ADX value value for ORN suggests a strong trend. |
10.29
+0.14 (+1.38%)
ORION GROUP HOLDINGS INC / ORN FAQ
What is the technical rating for ORN stock?
ChartMill assigns a technical rating of 9 / 10 to ORN.
What is the current trend direction of ORION GROUP HOLDINGS INC (ORN) stock?
The current trend direction for ORION GROUP HOLDINGS INC (ORN) is Bullish.
Can you provide the RSI signal for ORION GROUP HOLDINGS INC?
ORION GROUP HOLDINGS INC (ORN) has an RSI value of 59.1269. This indicates that the stock is currently neutral.
What is the buy/sell signal for ORN stock?
The buy/sell signal for ORION GROUP HOLDINGS INC (ORN) is buy as both the short term and long term trends are positive.
What is the support and resistance level for ORN stock?
ORION GROUP HOLDINGS INC (ORN) has a support level at 10.14 and a resistance level at 10.78. Check the full technical report for our detailed analysis of ORN support and resistance levels.