ORGANOGENESIS HOLDINGS INC (ORGO) Stock Technical Analysis
NASDAQ:ORGO - Nasdaq - US68621F1021 - Common Stock - Currency: USD
Taking everything into account, ORGO scores 7 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, we notice that ORGO is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, ORGO also shows a nice and consistent pattern of rising prices.
ORGO is part of the Biotechnology industry. There are 568 other stocks in this industry. ORGO outperforms 93% of them.
ORGO has an average volume of 2304050 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.
ORGO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ORGO has a been trading in the 3.52 - 5.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ORGO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.86, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ORGO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.67
4.58
5 important support areas can be observed.
- A support zone ranging from 3.86 to 3.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.69 from a horizontal line in the daily time frame.
- Support @3.43 from a trend line in the weekly time frame.
- Support @3.20 from a trend line in the daily time frame.
- Support @2.70 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.34 to 4.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.53 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
CRS95.29
Mansfield3.75
10 Day High4.39
10 Day Low3.52
20 Day High5.57
20 Day Low3.52
52 Week High6.71
52 Week Low2.17
Performance
1 Week12.53%
2 Weeks3.69%
1 Month-13.52%
3 Month26.35%
6 Month33.54%
12 Month45.52%
2 Year105.85%
3 Year-34.47%
5 Year13.75%
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
RSI(14)47.71
LBB3.68
UBB4.56
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 |
|---|---|---|---|
| 4.37 | 3.85 | 0.52 (11.90%) | 8.40% |
| An entry @4.37. This is a Buy Stop order right above the resistance zone. | An exit @3.85. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.52 points, which is 11.90%. | When investing 8.40% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ORGO. Please evaluate whether better entry and exit points can be found.
- 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.
4.22
-0.03 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.71%
1 Week12.53%
2 Weeks3.69%
1 Month-13.52%
3 Month26.35%
6 Month33.54%
12 Month45.52%
2 Year105.85%
3 Year-34.47%
5 Year13.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%9.03%
ATR Inc-42.06%
Range Today0.2
ADR(20)0.36
ADR(20)%8.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.29
Mansfield3.75
10 Day High4.39
10 Day Low3.52
20 Day High5.57
20 Day Low3.52
52 Week High6.71
52 Week Low2.17
CS1 End3.86
CR1 Start4.34
Volume & EV
DER(3)3.05%
DER(5)1.11%
Volume626.90K
Volume Incr36.83%
Vol(5)1.69M
Vol(50)2.30M