Bio Blast Pharma Ltd. (ORPN) Stock Technical Analysis
NASDAQ:ORPN - Nasdaq -
We assign a technical rating of 7 out of 10 to ORPN. ORPN 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.
ORPN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ORPN is lagging the market.
In the last month ORPN has a been trading in the 9.45 - 16.00 range, which is quite wide. It is currently trading near the lows of this range.
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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, ORPN did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ORPN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for ORPN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.88
12.74
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.63 to 10.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.98 to 10.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- Resistance @11.51 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.98 to 12.08. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @12.61 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 | NEUTRAL | NEUTRAL | The long term trend for ORPN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORPN is neutral. |
| ChartMill Relative Strength | 85.22 | POSITIVE | ORPN has a high relative strength, it outperformed 85.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ORPN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORPN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ORPN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.82 | NEUTRAL | The RSI value for ORPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ORPN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.85 | NEUTRAL | The Stochastics value for ORPN is a neutral value. |
| Average True Range in percent/ATR (20) | 12.38 | HIGH VOLATILITY | The high ATR as a percentage value for ORPN suggests high volalility. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.52 | 10.62 | 0.90 (7.81%) | 12.80% |
| An entry @11.52. This is a Buy Stop order right above the resistance zone. | An exit @10.62. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.90 points, which is 7.81%. | For a 1.00% total portfolio risk, you can invest 12.80% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ORPN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:ORPN (3/25/2019, 9:30:56 PM)
11.5
+0.72 (+6.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.68%
1 Week6.28%
2 Weeks1.86%
1 Month5.7%
3 Month69.12%
6 Month6.48%
12 Month-27.4%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.69
ATR(20)%12.38%
ATR Inc-41.8%
Range Today1.18
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.22
Mansfield-0.45
10 Day High12.33
10 Day Low9.78
20 Day High16
20 Day Low9.45
52 Week High30
52 Week Low6.16
CS1 End10.71
CR1 Start11.51
Volume & EV
DER(3)9.83%
DER(5)9.5%
Volume19.70K
Volume Incr-97.8%
Vol(5)10.18K
Vol(50)200.91K