Bio Blast Pharma Ltd. (ORPN) Technical Analysis
NASDAQ:ORPN
Current stock price
ORPN Technical Rating and Analysis
Taking everything into account, ORPN scores 7 out of 10 in our technical rating. In the last year, ORPN was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- ORPN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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 Weekly and Daily overview Charts
ORPN Setup Rating and Analysis
Besides having an excellent technical rating, ORPN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
ORPN Support and Resistance Analysis
9.88
2 important support areas can be observed.
- 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.
We can see 3 important resistance areas.
- 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.
ORPN 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 | 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. |
ORPN Chart- and CandleStick Pattern Analysis
ORPN Example Setup
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.
ORPN Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ORPN (3/25/2019, 9:30:56 PM)
11.5
+0.72 (+6.68%)
Bio Blast Pharma Ltd. / ORPN TA FAQ
What is the technical rating for ORPN stock?
ChartMill assigns a technical rating of 6 / 10 to ORPN.
What is the trend direction for ORPN stock?
The current trend direction for Bio Blast Pharma Ltd. (ORPN) is Bearish.
What is the RSI signal for Bio Blast Pharma Ltd. (ORPN) stock?
Bio Blast Pharma Ltd. (ORPN) has an RSI value of 53.8181. This indicates that the stock is currently neutral.
What is the short term momentum for ORPN stock?
The short term momentum for Bio Blast Pharma Ltd. (ORPN) is neutral.
What is the support and resistance level for ORPN stock?
Bio Blast Pharma Ltd. (ORPN) has a support level at 10.71 and a resistance level at 11.51. Check the full technical report for our detailed analysis of ORPN support and resistance levels.