ORIGIN MATERIALS INC (ORGN) Stock Technical Analysis
NASDAQ:ORGN - Nasdaq - US68622D1063 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to ORGN. Although ORGN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
ORGN is one of the better performing stocks in the Chemicals industry, it outperforms 95% of 85 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ORGN has an average volume of 1583450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ORGN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ORGN is lagging the market.
In the last month ORGN has a been trading in the 0.80 - 1.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
0.82
1.26
When analyzing the support we notice one important area.
- A support zone ranging from 0.83 to 0.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.03 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.15 from a trend line in the daily time frame.
- Resistance @1.25 from a horizontal 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
CRS91.92
Mansfield-1.5
10 Day High1.12
10 Day Low0.8
20 Day High1.12
20 Day Low0.8
52 Week High1.9
52 Week Low0.44
Performance
1 Week15.35%
2 Weeks6.96%
1 Month-7.91%
3 Month-22.02%
6 Month-37.62%
12 Month93.38%
2 Year-79.86%
3 Year-81.37%
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)51.38
LBB0.76
UBB1.02
0.9669
-0.07 (-7.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-7.03%
1 Week15.35%
2 Weeks6.96%
1 Month-7.91%
3 Month-22.02%
6 Month-37.62%
12 Month93.38%
2 Year-79.86%
3 Year-81.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%6.82%
ATR Inc258.11%
Range Today0.1
ADR(20)0.06
ADR(20)%6.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.92
Mansfield-1.5
10 Day High1.12
10 Day Low0.8
20 Day High1.12
20 Day Low0.8
52 Week High1.9
52 Week Low0.44
CS1 End0.83
CR1 Start1.03
Volume & EV
DER(3)3.14%
DER(5)4.31%
Volume3.62M
Volume Incr184.62%
Vol(5)3.33M
Vol(50)1.58M