OLD REPUBLIC INTL CORP (ORI) Stock Technical Analysis
NYSE:ORI - New York Stock Exchange, Inc. - US6802231042 - Common Stock - Currency: USD
Taking everything into account, ORI scores 6 out of 10 in our technical rating. Although ORI 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.
Looking at the yearly performance, ORI did better than 89% of all other stocks. On top of that, ORI also shows a nice and consistent pattern of rising prices.
ORI is one of the better performing stocks in the Insurance industry, it outperforms 76% of 143 stocks in the same industry.
ORI is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ORI slightly outperforms the market at the moment.
ORI has an average volume of 1292090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month ORI has a been trading in the 34.43 - 39.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ORI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 38.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.78, a Stop Loss order could be placed below this zone.
More info and screens
33.12
40.20
When analyzing the support we can see 4 important areas.
- A support zone ranging from 37.01 to 37.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.61 to 35.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 34.31 to 34.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 33.45 to 33.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 38.97 to 38.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.80 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
CRS89.65
Mansfield1.33
10 Day High38.5
10 Day Low35.9
20 Day High39.84
20 Day Low34.43
52 Week High39.84
52 Week Low29.51
Performance
1 Week1.88%
2 Weeks3.75%
1 Month-0.6%
3 Month6.07%
6 Month11.69%
12 Month27.51%
2 Year52.04%
3 Year74.56%
5 Year140.88%
10 Year151.28%
15 Year155.96%
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)0.08
RSI(14)55.83
LBB35.23
UBB39
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 |
|---|---|---|---|
| 38.99 | 37.00 | 1.99 (5.10%) | 19.59% |
| An entry @38.99. This is a Buy Stop order right above the resistance zone. | An exit @37.00. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.99 points, which is 5.10%. | When investing 19.59% 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 ORI. 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.
38.42
+0.45 (+1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.19%
1 Week1.88%
2 Weeks3.75%
1 Month-0.6%
3 Month6.07%
6 Month11.69%
12 Month27.51%
2 Year52.04%
3 Year74.56%
5 Year140.88%
10 Year151.28%
15 Year155.96%
Volatility
ATR(14)1.49
ATR(20)%3.22%
ATR Inc14.56%
Range Today2.23
ADR(20)1.16
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.65
Mansfield1.33
10 Day High38.5
10 Day Low35.9
20 Day High39.84
20 Day Low34.43
52 Week High39.84
52 Week Low29.51
CS1 End37.78
CR1 Start38.97
Volume & EV
DER(3)0.73%
DER(5)1.76%
Volume1.04M
Volume Incr-24.47%
Vol(5)1.08M
Vol(50)1.29M