ORCHARD THERAPEUTICS PLC-ADR (ORTX) Technical Analysis
NASDAQ:ORTX • US68570P2002
Current stock price
ORTX Technical Rating and Analysis
Taking everything into account, ORTX scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, ORTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 91% of 517 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.
ORTX Weekly and Daily overview Charts
ORTX Setup Rating and Analysis
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
ORTX Support and Resistance Analysis
15.74
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.
We found 1 important resistance 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.
ORTX 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 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. |
ORTX Chart- and CandleStick Pattern Analysis
ORTX Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ORTX (1/23/2024, 8:00:02 PM)
16.7
+0.05 (+0.3%)
ORCHARD THERAPEUTICS PLC-ADR / ORTX TA FAQ
Can you provide the ChartMill technical rating for ORCHARD THERAPEUTICS PLC-ADR?
ChartMill assigns a technical rating of 8 / 10 to ORTX.
What is the trend direction for ORTX stock?
The current trend direction for ORCHARD THERAPEUTICS PLC-ADR (ORTX) is Bullish.
What is the RSI signal for ORCHARD THERAPEUTICS PLC-ADR (ORTX) stock?
ORCHARD THERAPEUTICS PLC-ADR (ORTX) has an RSI value of 85.3641. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ORCHARD THERAPEUTICS PLC-ADR?
The MACD indicator for ORCHARD THERAPEUTICS PLC-ADR (ORTX) has a value of 0.00558593, indicating a bearish trend.
Can you provide the buy/sell signal for ORCHARD THERAPEUTICS PLC-ADR?
The buy/sell signal for ORCHARD THERAPEUTICS PLC-ADR (ORTX) is buy as both the short term and long term trends are positive.