ORANGE BELGIUM (OBEL.BR) Stock Technical Analysis
EBR:OBEL - Euronext Brussels - BE0003735496 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to OBEL. Although OBEL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: OBEL has an average volume of 3602 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.
OBEL is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so OBEL slightly outperforms the market at the moment.
In the last month OBEL has a been trading in the 14.30 - 15.28 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that OBEL is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
OBEL is part of the Wireless Telecommunication Services industry. There are 6 other stocks in this industry, OBEL did better than 60% of them.
OBEL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 14.98, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.85
15.56
We found 3 important support areas.
- A support zone ranging from 14.80 to 14.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.37 to 14.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.99 to 14.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.40 to 15.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.53
Mansfield-0.05
10 Day High15.1
10 Day Low14.72
20 Day High15.28
20 Day Low14.3
52 Week High15.54
52 Week Low12.02
Performance
1 Week0%
2 Weeks0%
1 Month-1.83%
3 Month0.67%
6 Month1.35%
12 Month17.19%
2 Year-1.7%
3 Year-21.87%
5 Year-6.48%
10 Year-25.78%
15 Year-67.08%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)51.06
LBB14.83
UBB15.17
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.11 | 14.79 | 0.32 (2.12%) | 25.00% |
| An entry @15.11. This is a Buy Stop order right above the 10 day high. | An exit @14.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.32 points, which is 2.12%. | For a 0.53% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EBR:OBEL (3/7/2025, 7:00:00 PM)
15
-0.08 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg-0.53%
1 Week0%
2 Weeks0%
1 Month-1.83%
3 Month0.67%
6 Month1.35%
12 Month17.19%
2 Year-1.7%
3 Year-21.87%
5 Year-6.48%
10 Year-25.78%
15 Year-67.08%
Volatility
ATR(14)0.18
ATR(20)%1.71%
ATR Inc-44.63%
Range Today0.1
ADR(20)0.24
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.53
Mansfield-0.05
10 Day High15.1
10 Day Low14.72
20 Day High15.28
20 Day Low14.3
52 Week High15.54
52 Week Low12.02
CS1 End14.98
CR1 Start15.4
Volume & EV
DER(3)0%
DER(5)0%
Volume178
Volume Incr-42.5%
Vol(5)2.13K
Vol(50)3.60K