Technical analysis from Orora (ORA.AX, ASX:ORA.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Orora
+ Share

Positive VROC for Orora is a leading indicator for continued price rise
Volume Rate of Change /
Positive VROC for Orora is a leading indicator for continued price rise

[BULLISH]: Orora currently has positive volume of change of 123%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.3%.

[Long]: Exit price for ORA should be set @$5.43
Fibonacci Retracements /
[Long]: Exit price for ORA should be set @$5.43

Orora is still above the 61.8% retracement level ($0) [Bullish]. Look for a long limit order entry near this point. Exit price for ORA should be set @$5.43 & Stoploss for Orora should be set between $5.34

Opening Price /
Recent trading for Orora has opened 0.6 % higher than previous session

[BULLISH]: Orora opening price has gapped up. Currently, the OPEN is $3.57 (0.6 %).

Demarks Pivot Points /
Orora has broken the first DeMark resistance point ($3.5525) [Bullish]

Orora has broken the first DeMark support point ($3.5525) [Bearish]. Look for a short limit order entry near this point. Exit price for ORA should be set @$3.5050 & short position stoploss for Orora should be set at $3.575

Fibonacci Extensions /
[Short]: Limit orders for Orora should be set at $0

Orora: The current Fibonacci Extension levels are: (23.61%) $3.55: (38.2%) $3.52: (50%) $3.49: (61.8%) $3.46The current support levels are: (78.6%) $3.42: (100%) $3.37: (138.2%) $3.28: (161.8%) $3.22: (261.8%) $2.98: (423.61%) $2.59

Momentum /
Positive momentum: Price is trading higher for Orora than 5 days ago

[BULLISH]: Orora currently has positive momentum of 0.07. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -0.3%. The largest upward momentum rally for the last 3 months is 8 days producing a return of 3.9%.

Top companies for
Australian Stock Exchange
Advertisment
Ease of Movement /
Trading session closed lower on high volume for Orora [Bearish]

[BEARISH]: Orora current price have moved downwards on high volume. Currently, the Ease of Movement is -0.007

[Bullish]: Trend following indicator for ORA highlights upward price direction is likely
Exponential Moving Average /
[Bullish]: Trend following indicator for ORA highlights upward price direction is likely

[BULLISH]: Orora currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.3%.

Oversold signal for the Lower Envelope band is still current for Orora
Moving Average Envelope /
Oversold signal for the Lower Envelope band is still current for Orora

[BULLISH]: Orora current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 3.287.

Rate of Change /
Orora currently has positive rate of change for 3.198

[BULLISH]: Orora currently has positive rate of change of 3.198%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Long Trend /
Orora: 3rd timeframe trend Uptrend remains intact

[BULLISH]: Orora is in an uptrend in the medium term timeframe.. The highest rally for the month is 15

Fibonacci Fans /
[Long]: Limit orders for Orora should be set at $0

Orora is still above the 61.8% retracement level ($0) [Bullish]. Look for a long limit order entry near this point. Exit price for ORA should be set @$5.43 & Stoploss for Orora should be set between $5.34

Orora: Current trading activity signals OBV accumulation is present
On Balance Volume /
Orora: Current trading activity signals OBV accumulation is present

[BULLISH]: Orora current price has highlighted recent accumulation. Currently, the OBV is 7.85908e+006.

Sellers are now keener than buyers for Orora & are driving the price down.
Close Tod Vs Close Yest /
Sellers are now keener than buyers for Orora & are driving the price down.

ORA: Recent performance signals ->(1) 22 Jun: NEUTRAL (2) 21 Jun: BULLISH (3) 20 Jun: NEUTRAL

Woodie Pivot Point /
Woodie pivot point for ORA is bullish. Stoploss should be positioned @$3.488

Orora has broken the first Woodie resistance point ($3.586) [Bullish]. Look for a long limit order entry near this point. Exit price for ORA should be set @$3.628 & Stoploss for Orora should be set at $3.488

Price Range /
Range for ORA has not surpassed the range of the previous trading session

[BEARISH]: Orora current downtrend in the first timeframe. Currently, the Range is $0.07.

Simple Moving Average /
Orora is in a short term uptrend with the support price @$3.53

[BULLISH]: Orora currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -0.3%.

The SWMA trend following signal is still current for Orora [Bullish]
Sine Weighted Moving Average /
The SWMA trend following signal is still current for Orora [Bullish]

[BULLISH]: Orora currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.3%.

Orora: Percentage Volume Oscillator (12.13)
Percentage Volume /
Orora: Percentage Volume Oscillator (12.13)

[BULLISH]: Orora currently has positive PVO 12.13%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -0.3%.

[Uptrend]: Recent trading for ORA indicates ST trend is likely to continue
Triangular Moving Average /
[Uptrend]: Recent trading for ORA indicates ST trend is likely to continue

ORA: TMA Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

Closing Price /
Orora: Closing price is $3.55 (-0.3 %)

ORA: CLOSE Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BULLISH (3) 20 Jun: BEARISH

Range Tod Vs Range Yest /
This is the first day sellers have decreased eagerness for ORA reducing strength of a continued downtrend in the first timeframe.

ORA: Range today versus range yesterday Current Signal ->(1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BULLISH

Average True Range /
Orora: ATR (0.058) has signalled an uptrend is current

[Bullish]: Average True Range has confirmed an uptrend is present. Orora has a TR of 0.07, and an ATR(14) of 0.058.

High Price /
Orora: Daily high performance is -0.3 % [Downtrend]

[BEARISH]: Orora current downtrend in the first timeframe. Currently, the HIGH is -0.3 %.

Orora: Average Directional Index (39.12) has confirmed a strong trend is present
Average Directional Movement /
Orora: Average Directional Index (39.12) has confirmed a strong trend is present

[Trend]: ADX for ORA has confirmed a strong trend is present. Orora has an ATR(14) of 0.058, a DX of 51.91 & an ADX(14) of 39.12

Orora: MACD oscillator (0.0072)
MACD /
Orora: MACD oscillator (0.0072)

ORA: MACD Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

Accumulation / Distribution /
Orora: Current trading activity signals distribution is confirmed

[BEARISH CROSSOVER]: Orora current price has highlighted the commencement of distribution and the start of bearish trading conditions. Currently, the ADLINE is -377586.

See More   See more results
Advertisment
Advertisment
back to top