ORION GROUP HOLDINGS INC (ORN)
US68628V3087 - Common Stock
We assign a technical rating of 7 out of 10 to ORN. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that ORN is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by ORN over the past year are nicely spread over this period.
ORN is one of the better performing stocks in the Construction & Engineering industry, it outperforms 92% of 41 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
ORN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ORN is lagging the market slightly.
In the last month ORN has a been trading in the 6.17 - 9.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
More info and screens
4.98
8.05
4 important support areas can be observed.
- Support @7.39 from a horizontal line in the weekly time frame.
- Support @6.90 from a horizontal line in the daily time frame.
- Support @5.44 from a trend line in the weekly time frame.
- Support @5.03 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.41 to 7.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.90 to 7.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.98
Mansfield3.8
10 Day High8.25
10 Day Low6.17
20 Day High9.53
20 Day Low6.17
52 Week High9.84
52 Week Low2.38
Performance
1 Week-7.04%
2 Weeks-7.73%
1 Month-19.83%
3 Month25.42%
6 Month67.8%
12 Month183.53%
2 Year179.25%
3 Year23.75%
5 Year199.6%
10 Year-34.57%
15 Year-64.9%
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)-0.12
RSI(14)44.28
LBB6.94
UBB8.34
ORION GROUP HOLDINGS INC
NYSE:ORN (5/1/2024, 7:14:37 PM)
After market: 7.4 0 (0%)7.4
+0.29 (+4.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg4.08%
1 Week-7.04%
2 Weeks-7.73%
1 Month-19.83%
3 Month25.42%
6 Month67.8%
12 Month183.53%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.53
ATR(20)%7.36%
ATR Inc
Range Today0.34
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 High8.25
10 Day Low6.17
20 Day High9.53
20 Day Low6.17
52 Week High9.84
52 Week Low2.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume321.40K
Volume Incr39.47%
Vol(5)560.72K
Vol(50)413.69K