[BEARISH]: Orora currently has negative momentum of -0.0400 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -0.3000%.The largest downward momentum rally for the last 3 months is 7 days producing a return of -1.5%%.
[BEARISH]: Orora UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.0650.
[BEARISH WEAK]: Orora opened in the upper part of daily range at 80.000000000000000% & closed in the middle part of the trading range at 40.000000000000000%. This suggests the sellers have lost commitment. Over the last 12 months there has been 27 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 10.3%. Over the last month there has been 2 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 13.3%.
ORA: TMA Current Signal -> (1) 20 Apr: BULLISH (2) 19 Apr: BULLISH (3) 18 Apr: BULLISH
ORA: EOM Current Signal -> (1) 20 Apr: BEARISH HARD (2) 19 Apr: BEARISH HARD (3) 18 Apr: BEARISH HARD
Australian Stock Exchange
[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 -0.3%.
[BULLISH]: Orora currently has positive PVO 10.3000%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -0.3%.
[BEARISH]: Orora currently has a confirmed downtrend. Price is currently below the displaced moving average for ORACurrently, the return on DPO20 is -0.3%.
[BEARISH]: Orora currently has negative PPO -0.6000%. This means the current price is losing momentum through a fall on the short term exponential moving average.
[BEARISH]: Orora has a current ARO(25) of -88.0000. This has change -68.0000 points from yesterday.
[BULLISH]: Orora is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.
[Bearish]: Average True Range has confirmed an downtrend is present. Orora has a TR of 0.0250, and an ATR(14) of 0.0460.
Orora has broken the first DeMark support point ($3.2288) [Bearish]. Look for a short limit order entry near this point. Exit price for ORA should be set @$3.2130 & short position stoploss for Orora should be set at $3.2380
[BULLISH]: Orora current downtrend in the first timeframe. Currently, the Low is $3.2200 (-0.6 %).
[BULLISH]: Orora currently has positive Volume MACD of 364440.0000. This means the signal line is greater than the Volume MACD line signalling a bullish movement.
[WEAK BULLISH]: Ororasellers are becoming less eager. There has been 2 consecutive days of range increase for ORA reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $0.1400 & the greatest daily price range this year has been $0.4000. The price range ratio this week versus the quarterly price range is 0.6000000000000000000x & the price range ratio this month versus the year to date price range is 0.4000000000000000000x.
ORA: Recent performance signals ->(1) 20 Apr: NEUTRAL (2) 19 Apr: NEUTRAL (3) 18 Apr: NEUTRAL
ORA: William %R Current Signal -> (1) 20 Apr: BULLISH (2) 19 Apr: BULLISH CROSSOVER (3) 18 Apr: NEUTRAL
[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 3.1350.
[BEARISH]: Orora is in a downtrend in the short term timeframe. The current rally number is 3 & the highest rally count for the LTM is 3