Taking everything into account, ORRF scores 4 out of 10 in our technical rating. ORRF has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
ORRF has an average technical rating and it also 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
26.19
When analyzing the support we can see 3 important areas.
- A support zone ranging from 33.33 to 34.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.35 to 32.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.45 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @35.75 from a horizontal line in the daily time frame.
- A resistance zone ranging from 36.51 to 36.52. This zone is formed by a combination of multiple trend lines in the daily 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 ORRF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ORRF is neutral. |
| ChartMill Relative Strength | 34 | 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 | POSITIVE | The current price of ORRF is above 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) | 62.5 | NEUTRAL | The RSI value for ORRF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ORRF has a positive trend. |
| Stochastics (14,3) | 60.99 | NEUTRAL | The Stochastics value for ORRF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for ORRF suggests some volalility. |
| Average Directional Index/ADX (14) | 27.94 | POSITIVE | The high ADX value value for ORRF suggests a strong trend. |
35.25
+1.55 (+4.6%)
ORRSTOWN FINL SERVICES INC / ORRF FAQ
What is the technical rating for ORRF stock?
ChartMill assigns a technical rating of 4 / 10 to ORRF.
What is the current trend direction of ORRSTOWN FINL SERVICES INC (ORRF) stock?
The current trend direction for ORRSTOWN FINL SERVICES INC (ORRF) is Bearish.
What is the RSI signal for ORRSTOWN FINL SERVICES INC (ORRF) stock?
ORRSTOWN FINL SERVICES INC (ORRF) has an RSI value of 62.5034. This indicates that the stock is currently neutral.
What is the short term momentum for ORRSTOWN FINL SERVICES INC (ORRF) stock?
The short term momentum for ORRSTOWN FINL SERVICES INC (ORRF) is neutral.