ORIGIN MATERIALS INC (ORGN)
US68622D1063 - Common Stock
We assign a technical rating of 4 out of 10 to ORGN. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month ORGN has a been trading in the 1.29 - 1.53 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.
ORGN is part of the Chemicals industry. There are 84 other stocks in this industry. ORGN outperforms 90% of them.
ORGN has an average volume of 1061620 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, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that ORGN is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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.
ORGN has an average technical rating and it also does not offer a high 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.
More info and screens
0.98
1.56
We found 2 important support areas.
- Support @1.03 from a trend line in the daily time frame.
- Support @0.99 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.38 to 1.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.48 to 1.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.54 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.88
Mansfield2.56
10 Day High1.5
10 Day Low1.29
20 Day High1.53
20 Day Low1.29
52 Week High1.9
52 Week Low0.44
Performance
1 Week-9.09%
2 Weeks-8.45%
1 Month-10.34%
3 Month48.95%
6 Month14.54%
12 Month47.31%
2 Year-76.66%
3 Year-80.85%
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)-0.01
RSI(14)35.16
LBB1.32
UBB1.49
ORIGIN MATERIALS INC
NASDAQ:ORGN (11/4/2024, 8:28:14 PM)
After market: 1.27 -0.03 (-2.31%)1.3
-0.07 (-5.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-5.11%
1 Week-9.09%
2 Weeks-8.45%
1 Month-10.34%
3 Month48.95%
6 Month14.54%
12 Month47.31%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%5.34%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.5
10 Day Low1.29
20 Day High1.53
20 Day Low1.29
52 Week High1.9
52 Week Low0.44
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.68M
Volume Incr37.29%
Vol(5)943.84K
Vol(50)1.06M