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

Orora
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Price dipped from high volume trading for Orora during last trading session
Ease of Movement /
Price dipped from high volume trading for Orora during last trading session

ORA: EOM Current Signal -> (1) 20 Nov: BEARISH HARD (2) 17 Nov: NEUTRAL (3) 20 Nov: BEARISH HARD

Over the last month the average daily loss ratio has been -0.9%
Close Tod Vs Close Yest /
Over the last month the average daily loss ratio has been -0.9%

[BEARISH]: Ororasellers are keener than buyers and are driving the price down. This is the first day of price decline for ORA adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -1.5 & the greatest daily negative change this year has been -4.2. The longest consecutive downswing rally over the last 12 months has been 1 days giving a total rally downward movement of -4.3%. This quarter, the largest downswing rally has been 1 days giving a total rally downward movement of -1.5%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1x. Over the last month the average daily downward movement has been -0.9%

On Balance Volume /
ORA: Current trading activity signals OBV accumulation is active

[BULLISH]: Orora current price has highlighted recent accumulation. Currently, the OBV is 1.00355e+007.

High Price /
[Bearish]: Lower high has formed for ORA by -0.6 % during the last trading session

[BEARISH]: Orora current downtrend in the first timeframe. Currently, the HIGH is -0.6 %.

Low Price /
low for ORA has not surpassed the low of the previous trading session

[BULLISH]: Orora current downtrend in the first timeframe. Currently, the Low is $3.245 (-1.1 %).

Open Tod Vs Close Tod /
Open/close reversal: Sellers were in control for all the trading day for ORA

[BEARISH STRONG]: Orora opened in the upper part of daily range at 77.8% & closed in the lower part of the trading range at 33.3%. This suggests the sellers were in control all day. Over the last 12 months there has been 50 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 19%. Over the last month there has been 4 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 33.3%.

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Bollinger Bands /
ORA: Price has just dropped below the Lower Bollinger Band @$3.26

[BULLISH CROSSOVER]: Orora has initiated an oversold signal, highlighting the potential for a short term trend reversal in the upward direction. The current level is -2% with a current width of 4.32.

Stoploss for Orora should be set at $0.65
Fibonacci Extensions /
Stoploss for Orora should be set at $0.65

Orora has moved above the 161.8% level ($0.72) [Bearish]. Look for a short limit order entry near this point. Exit price for ORA should be set @$0.78 & short position stoploss for Orora should be set at $0.65

Orora: Price Percentage Oscillator
Percentage Price /
Orora: Price Percentage Oscillator

[BULLISH]: Orora currently has positive PPO 0.400%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Bill Williams Market Facilitation /
[Green Day]: Both MFI & volume are up for Orora

Orora Currently is a confirmed Green Day. Both MFI & volume are down for ORA. Trend continuation likely for ORA from increased trading activity.

Black Candle /
ORA Basic Candle: Black

[BEARISH]: Orora has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Daily Volume Index /
DVI: Distribution still active for Orora

[BEARISH]: Orora current distribution has given weakness to the share price and the continuation of bearish trading conditions.

Oversold signal continues for Orora indicating upward price movement is likely
Moving Average Envelope /
Oversold signal continues for Orora indicating upward price movement is likely

[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 3.1255.

Sine Weighted Moving Average /
[Bearish]: Trend following indicator for ORA highlights downward price direction is likely

[BEARISH]: Orora currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.9%.

Average True Range /
Orora: Average True Range (0.052) has confirmed an downtrend is present

[Bearish]: Average True Range has confirmed an downtrend is present. Orora has a TR of 0.045, and an ATR(14) of 0.052.

Pivot Points /
Limit order for a short position has been identified for Orora [Bearish]

Orora has broken the first support point ($3.24) [Bearish]. Look for a short limit order entry near this point. Exit price for ORA should be set @$3.22 & short position stoploss for Orora should be set between $3.31 & $3.33

Close for ORA has not surpassed the close of the previous trading session
Closing Price /
Close for ORA has not surpassed the close of the previous trading session

[BEARISH]: Orora current downtrend in the first timeframe. Currently, the Close is $3.26.

Simple Moving Average(5) signal continues for Orora indicating downward price movement is likely
Simple Moving Average /
Simple Moving Average(5) signal continues for Orora indicating downward price movement is likely

[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 -0.9%.

Orora: Daily price tange is $0.045 [Increasing Range]
Price Range /
Orora: Daily price tange is $0.045 [Increasing Range]

[BULLISH]: Orora current uptrend in the first timeframe. Currently, the Range is $0.045.

Exponential Moving Average /
Orora is in a short term downtrend with the resistance price @$3.29042

[BEARISH]: Orora currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.9%.

Volume /
Volume for ORA has surpassed the volume of the previous trading session

[BULLISH]: Orora current volume uptrend in the first timeframe. Volume for ORA is2.87438e+006 (10.6).

Elders Force Index /
Recent trading highlights continued selling pressure is present for ORA

[BEARISH]: Orora current price has highlighted recent selling pressure. Currently, the Elders Force Index is -37662.

Detrended Price Oscillator /
The simple moving average and past price for ORA has confirmed a bearish crossover

[BEARISH]: Orora currently has a confirmed downtrend. Price is currently below the displaced moving average for ORACurrently, the return on DPO20 is -0.9%.

Price continues to trade below the Weighted Moving Average(5) for ORA
Weighted Moving Average /
Price continues to trade below the Weighted Moving Average(5) for ORA

[BEARISH]: Orora currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -0.9%.

[Bear Power]: Prices are being driven below the consensus of value for ORA during the last trading session
Elder Ray Index /
[Bear Power]: Prices are being driven below the consensus of value for ORA during the last trading session

ORA: Elder Ray Index Current Signal -> (1) 20 Nov: BEARISH (2) 17 Nov: BEARISH (3) 20 Nov: BEARISH

Williams %R /
Orora: William %R -91.7 is below the oversold limit (-91.7)

[BEARISH]: Orora is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

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