NASDAQ:ORLY - Nasdaq - US67103H1077 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to ORLY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ORLY is showing a nice and steady performance.
ORLY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1386.58, a Stop Loss order could be placed below this zone.
1,034.78
4 important support areas can be observed.
2 important resistance areas can be observed.
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 |
---|---|---|---|
1,408.57 | 1,329.32 | 79.25 (5.63%) | 17.77% |
An entry @1408.57. This is a Buy Stop order right above the resistance zone. | An exit @1329.32. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 79.25 points, which is 5.63%. | When investing 17.77% of your capital in this trade, your total portfolio risk will be 1.00%. |
1390.9
+26.54 (+1.95%)