ORRSTOWN FINL SERVICES INC (ORRF) Technical Analysis
NASDAQ:ORRF • US6873801053
Current stock price
ORRF Technical Rating and Analysis
Overall ORRF gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ORRF is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ORRF is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, ORRF also shows a nice and consistent pattern of rising prices.
- ORRF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ORRF is lagging the market slightly.
- ORRF is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- ORRF is part of the Banks industry. There are 377 other stocks in this industry, ORRF did better than 67% of them.
ORRF Weekly and Daily overview Charts
ORRF Setup Rating and Analysis
Although ORRF has an excellent technical rating, it does not offer a high quality setup 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
ORRF Support and Resistance Analysis
27.11
5 important support areas can be observed.
- A support zone ranging from 37.91 to 38.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 36.48 to 36.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.79 to 35.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.11 from a horizontal line in the daily time frame.
- Support @27.38 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 39.48 to 39.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @40.49 from a horizontal line in the weekly time frame.
ORRF 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 | UP | POSITIVE | The long term trend for ORRF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ORRF is up. |
| ChartMill Relative Strength | 75.57 | POSITIVE | ORRF has a high relative strength, it outperformed 75.57% off all stocks 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) | DOWN | MIXED | The current price of ORRF is above a declining 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) | 62.46 | NEUTRAL | The RSI value for ORRF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests ORRF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.15 | OVERBOUGHT | The high Stochastics value suggests ORRF may be overbought. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for ORRF suggests some volalility. |
| Average Directional Index/ADX (14) | 22.33 | NEUTRAL | The ADX value for ORRF suggests a possible start of a new trend. |
ORRF Chart- and CandleStick Pattern Analysis
ORRF Technicals: Chart, Performance Metrics, Trend & Indicators
39.16
+1.12 (+2.94%)
ORRSTOWN FINL SERVICES INC / ORRF TA FAQ
What is the technical rating for ORRF stock?
ChartMill assigns a technical rating of 9 / 10 to ORRF.
Can you provide the trend direction for ORRSTOWN FINL SERVICES INC?
The current trend direction for ORRSTOWN FINL SERVICES INC (ORRF) is Bullish.
Can you provide the RSI signal for ORRSTOWN FINL SERVICES INC?
ORRSTOWN FINL SERVICES INC (ORRF) has an RSI value of 62.4645. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ORRSTOWN FINL SERVICES INC?
The buy/sell signal for ORRSTOWN FINL SERVICES INC (ORRF) is buy as both the short term and long term trends are positive.
What is the support and resistance level for ORRF stock?
ORRSTOWN FINL SERVICES INC (ORRF) has a support level at 36.65 and a resistance level at 38.08. Check the full technical report for our detailed analysis of ORRF support and resistance levels.