ORIGIN MATERIALS INC (ORGN)

US68622D1063 - Common Stock

0.9887  +0.02 (+1.93%)

After market: 1.03 +0.04 (+4.18%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ORGN. ORGN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, ORGN is a bad performer in the overall market: 85% of all stocks are doing better.
ORGN is part of the Chemicals industry. There are 83 other stocks in this industry, of which 65% are performing better than ORGN.
In the last month ORGN has a been trading in the 0.95 - 1.28 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ORGN has an average volume of 1189780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
ORGN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ORGN is lagging the market slightly.
Weekly and Daily overview Charts
ORGN Weekly chart
ORGN Daily chart
Setup Rating and Analysis

3

The technical rating of ORGN is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

0.95

1.29

We found 1 important support area.

  • Support @0.96 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @1.19 from a trend line in the weekly time frame.
  • A resistance zone ranging from 1.26 to 1.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.44
Mansfield-0.82
10 Day High1.26
10 Day Low0.95
20 Day High1.28
20 Day Low0.95
52 Week High1.9
52 Week Low0.44
Performance
1 Week-14.03%
2 Weeks-20.9%
1 Month-16.92%
3 Month-45.97%
6 Month9.86%
12 Month4.36%
2 Year-78.55%
3 Year-84.67%
5 YearN/A
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)-0.02
RSI(14)33.35
LBB0.94
UBB1.33
ORGN Daily chart

ORIGIN MATERIALS INC

NASDAQ:ORGN (12/20/2024, 8:00:02 PM)

After market: 1.03 +0.04 (+4.18%)

0.9887

+0.02 (+1.93%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.93%
1 Week-14.03%
2 Weeks-20.9%
1 Month-16.92%
3 Month-45.97%
6 Month9.86%
12 Month4.36%
2 Year-78.55%
3 Year-84.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%7.49%
ATR Inc-5.22%
Range Today0.07
ADR(20)0.07
ADR(20)%7.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.44
Mansfield-0.82
10 Day High1.26
10 Day Low0.95
20 Day High1.28
20 Day Low0.95
52 Week High1.9
52 Week Low0.44
CS1 End0.96
CR1 Start1.19
Volume & EV
DER(3)-3.75%
DER(5)-3.2%
Volume1.50M
Volume Incr18.1%
Vol(5)1.62M
Vol(50)1.19M