Overall ORRF gets a technical rating of 5 out of 10. In the last year, ORRF was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ORRF has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 37.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.01, a Stop Loss order could be placed below this zone.
26.35
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice one important area.
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 ORRF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORRF is neutral. |
| ChartMill Relative Strength | 52.31 | NEUTRAL | ORRF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ORRF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ORRF is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ORRF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.69 | NEUTRAL | The RSI value for ORRF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ORRF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.05 | NEUTRAL | The Stochastics value for ORRF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for ORRF suggests some volalility. |
| Average Directional Index/ADX (14) | 19.49 | NEGATIVE | The low ADX value for ORRF suggests a weak or negative trend. |
36.02
+0.61 (+1.72%)
ChartMill assigns a technical rating of 5 / 10 to ORRF.
The current trend direction for ORRSTOWN FINL SERVICES INC (ORRF) is Bearish.
ORRSTOWN FINL SERVICES INC (ORRF) has an RSI value of 49.687. This indicates that the stock is currently neutral.
The MACD indicator for ORRSTOWN FINL SERVICES INC (ORRF) has a value of -0.101978, indicating a bearish trend.
ORRSTOWN FINL SERVICES INC (ORRF) has a support level at 36.01 and a resistance level at 37.48. Check the full technical report for our detailed analysis of ORRF support and resistance levels.