ORCHARD THERAPEUTICS PLC-ADR (ORTX) Stock Technical Analysis
NASDAQ:ORTX - Nasdaq - US68570P2002 - ADR - Currency: USD
Overall ORTX gets a technical rating of 8 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, ORTX is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
ORTX is one of the better performing stocks in the Biotechnology industry, it outperforms 97% of 558 stocks in the same industry.
ORTX is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ORTX is leading the market.
When comparing the yearly performance of all stocks, we notice that ORTX is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month ORTX has a been trading in a tight range between 16.38 and 16.72.
Volume is considerably higher in the last couple of days.
Although ORTX has an excellent technical rating, it does not present a decent entry opportunity 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
15.74
16.88
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.32 to 16.52. 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 15.90 to 15.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.71 to 16.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ORTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ORTX is up. |
| ChartMill Relative Strength | 98.06 | POSITIVE | ORTX has a high relative strength, it outperformed 98.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ORTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ORTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 85.36 | OVERBOUGHT | The high RSI value suggests ORTX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ORTX has a positive trend. |
| Stochastics (14,3) | 95.37 | OVERBOUGHT | The high Stochastics value suggests ORTX may be overbought. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for ORTX suggests low volalility. |
| Average Directional Index/ADX (14) | 58.54 | POSITIVE | The high ADX value value for ORTX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:ORTX (1/23/2024, 8:00:02 PM)
16.7
+0.05 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.3%
1 Week1.58%
2 Weeks1.83%
1 Month1.58%
3 Month4.9%
6 Month236.69%
12 Month195%
2 Year63.73%
3 Year-70.96%
5 Year-86.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.36%
ATR Inc27.65%
Range Today0.09
ADR(20)0.06
ADR(20)%0.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.06
Mansfield7.24
10 Day High16.72
10 Day Low16.39
20 Day High16.72
20 Day Low16.38
52 Week High16.72
52 Week Low4.24
CS1 End16.52
CR1 Start16.71
Volume & EV
DER(3)4.44%
DER(5)6.1%
Volume372.30K
Volume Incr68.89%
Vol(5)194.90K
Vol(50)110.19K