ORS Technical Analysis - ORSERO SPA

Technical Rating and Analysis

Taking everything into account, ORS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ORS is showing a nice and steady performance.

Warning: ORS has an average volume of 26680 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Both the short term and long term trends are positive. This is a very positive sign.

Looking at the yearly performance, ORS did better than 90% of all other stocks. On top of that, ORS also shows a nice and consistent pattern of rising prices.

ORS is part of the Consumer Staples Distribution & Retail industry. There are 23 other stocks in this industry. ORS outperforms 100% of them.

A new 52 week high is currently being made by ORS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.

In the last month ORS has a been trading in the 14.50 - 18.20 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although ORS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

11.76

18.26

5 important support areas can be observed.

A support zone ranging from 16.12 to 16.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @15.60 from a horizontal line in the daily time frame.
Support @14.64 from a trend line in the daily time frame.
Support @14.00 from a horizontal line in the daily time frame.
Support @11.88 from a horizontal line in the weekly time frame.

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What is Support and Resistance

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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 ORS.MI is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ORS.MI is up.
ChartMill Relative Strength	90.56	POSITIVE	ORS.MI has a high relative strength, it outperformed 90.56% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ORS.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ORS.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ORS.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)	83.46	OVERBOUGHT	The high RSI value suggests ORS.MI may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.17	POSITIVE	The MACD value suggests ORS.MI has a positive trend.
Stochastics (14,3)	91.19	OVERBOUGHT	The high Stochastics value suggests ORS.MI may be overbought.
Average True Range in percent/ATR (20)	2.47	MEDIUM VOLATILITY	The ATR as a percentage value for ORS.MI suggests some volalility.
Average Directional Index/ADX (14)	43.82	POSITIVE	The high ADX value value for ORS.MI suggests a strong trend.