ORGANIGRAM HOLDINGS INC (OGI) Stock Technical Analysis
NASDAQ:OGI - Nasdaq - CA68620P7056 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to OGI. OGI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, OGI is a bad performer in the overall market: 88% of all stocks are doing better.
OGI is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month OGI has a been trading in the 1.24 - 1.74 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
OGI is an average performer in the Pharmaceuticals industry, it outperforms 42% of 193 stocks in the same industry.
Volume is considerably higher in the last couple of days.
OGI has a poor technical rating and the quality of the setup is also only medium 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
1.25
1.73
When analyzing the support we notice one important area.
- A support zone ranging from 1.26 to 1.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @1.71 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.38
Mansfield-3.03
10 Day High1.74
10 Day Low1.24
20 Day High1.74
20 Day Low1.24
52 Week High2.91
52 Week Low1.24
Performance
1 Week-2.96%
2 Weeks-21.08%
1 Month-15.48%
3 Month-13.82%
6 Month-35.15%
12 Month-35.15%
2 Year-58.49%
3 Year-78.02%
5 Year-85.11%
10 YearN/A
15 YearN/A
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)-0.03
RSI(14)38.72
LBB1.15
UBB1.76
1.31
+0.02 (+1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.55%
1 Week-2.96%
2 Weeks-21.08%
1 Month-15.48%
3 Month-13.82%
6 Month-35.15%
12 Month-35.15%
2 Year-58.49%
3 Year-78.02%
5 Year-85.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%7.48%
ATR Inc-48.75%
Range Today0.07
ADR(20)0.09
ADR(20)%6.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.38
Mansfield-3.03
10 Day High1.74
10 Day Low1.24
20 Day High1.74
20 Day Low1.24
52 Week High2.91
52 Week Low1.24
CS1 End1.26
CR1 Start1.71
Volume & EV
DER(3)-2.84%
DER(5)-1.71%
Volume3.28M
Volume Incr79.82%
Vol(5)1.74M
Vol(50)951.46K