ORION OYJ-CLASS B (ORNBV.HE) Stock Technical Analysis
HEL:ORNBV - Nasdaq Helsinki Ltd - FI0009014377 - Common Stock - Currency: EUR
Overall ORNBV gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ORNBV has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, ORNBV also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 51.55, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ORNBV 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
43.47
3 important support areas can be observed.
- A support zone ranging from 51.55 to 51.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.16 from a trend line in the weekly time frame.
- Support @43.91 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @55.89 from a horizontal line in the daily time frame.
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 |
|---|---|---|---|
| 54.27 | 51.54 | 2.73 (5.04%) | 19.85% |
| An entry @54.27. This is a Buy Stop order right above the 10 day moving average. | An exit @51.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.73 points, which is 5.04%. | When investing 19.85% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
HEL:ORNBV (3/7/2025, 5:30:45 PM)
53.54
+0.14 (+0.26%)