ORION GROUP HOLDINGS INC (ORN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ORN - US68628V3087 - Common Stock
We assign a technical rating of 8 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.
ORN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
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8.24
5 important support areas can be observed.
- Support @10.27 from a horizontal line in the daily time frame.
- Support @9.27 from a trend line in the daily time frame.
- A support zone ranging from 8.86 to 8.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.47 from a trend line in the weekly time frame.
- Support @8.32 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @10.85 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 | NEUTRAL | NEUTRAL | The short term trend for ORN is neutral. |
| ChartMill Relative Strength | 88.52 | POSITIVE | ORN has a high relative strength, it outperformed 88.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ORN is below 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) | 52.34 | NEUTRAL | The RSI value for ORN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ORN has a negative trend. |
| Stochastics (14,3) | 19.83 | OVERSOLD | The low Stochastics value suggests ORN may be oversold. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for ORN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.37 | NEGATIVE | The low ADX value for ORN suggests a weak or negative trend. |
10.42
-0.05 (-0.48%)
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 52.3351. This indicates that the stock is currently neutral.
What is the support and resistance level for ORN stock?
ORION GROUP HOLDINGS INC (ORN) has a support level at 10.27 and a resistance level at 10.85. Check the full technical report for our detailed analysis of ORN support and resistance levels.