ORIX CORP. - Daily - Technical analysis published on 10/24/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 76.58 USD
My targets
78.22 USD (+0.35%)
81.07 USD (+4.00%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ORIX CORP ADS as long as the price remains well above 76.58 USD. The buyers” bullish objective is set at 78.22 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 81.07 USD. If there is any crossing, the next objective would be the resistance located at 82.97 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ORIX CORP ADS rating is 77.95 USD. The price has increased by +1.83% since the last closing with the lowest point at 77.11 USD and the highest point at 77.97 USD. The deviation from the price is +1.09% for the low point and -0.03% for the high point.77.11
77.97
77.95
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this ORIX CORP ADS chart shows a strongly bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 72.32 | 74.31 | 76.58 | 77.95 | 78.22 | 81.07 | 82.97 |
| Change (%) | -7.22% | -4.67% | -1.76% | - | +0.35% | +4.00% | +6.44% |
| Change | -5.63 | -3.64 | -1.37 | - | +0.27 | +3.12 | +5.02 |
| Level | Minor | Major | Major | - | Minor | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 75.73 | 76.05 | 76.30 | 76.63 | 76.88 | 77.20 | 77.45 |
| Camarilla | 76.39 | 76.45 | 76.50 | 76.55 | 76.60 | 76.66 | 76.71 |
| Woodie | 75.69 | 76.03 | 76.26 | 76.61 | 76.84 | 77.18 | 77.41 |
| Fibonacci | 76.05 | 76.27 | 76.41 | 76.63 | 76.85 | 76.98 | 77.20 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 72.10 | 73.60 | 74.45 | 75.95 | 76.80 | 78.30 | 79.15 |
| Camarilla | 74.66 | 74.88 | 75.10 | 75.31 | 75.53 | 75.74 | 75.96 |
| Woodie | 71.79 | 73.44 | 74.14 | 75.79 | 76.49 | 78.14 | 78.84 |
| Fibonacci | 73.60 | 74.49 | 75.05 | 75.95 | 76.84 | 77.40 | 78.30 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 65.51 | 70.02 | 72.59 | 77.10 | 79.67 | 84.18 | 86.75 |
| Camarilla | 73.20 | 73.85 | 74.50 | 75.15 | 75.80 | 76.45 | 77.10 |
| Woodie | 64.53 | 69.54 | 71.61 | 76.62 | 78.69 | 83.70 | 85.77 |
| Fibonacci | 70.02 | 72.73 | 74.40 | 77.10 | 79.81 | 81.48 | 84.18 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.79 | |
| MACD (12,26,9): | 0.0800 | |
| Directional Movement: | 4.70 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 76.57 | |
| Parabolic SAR (0,02-0,02-0,2): | 74.90 | |
| Elder Ray (13): | 1.08 | |
| Super Trend (3,10): | 78.25 | |
| Zig ZAG (10): | 77.95 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 83.16 | |
| TEMA (21): | 76.25 | |
| Williams %R (14): | -0.53 | |
| Chande Momentum Oscillator (20): | 2.53 | |
| Repulse (5,40,3): | 1.2700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 2.15 |
| MA7: | 76.46 | |
| MA20: | 76.03 | |
| MA50: | 75.64 | |
| MA100: | 74.70 | |
| MAexp7: | 76.63 | |
| MAexp20: | 76.44 | |
| MAexp50: | 75.87 | |
| MAexp100: | 75.00 | |
| Price / MA7: | +1.95% | |
| Price / MA20: | +2.53% | |
| Price / MA50: | +3.05% | |
| Price / MA100: | +4.35% | |
| Price / MAexp7: | +1.72% | |
| Price / MAexp20: | +1.98% | |
| Price / MAexp50: | +2.74% | |
| Price / MAexp100: | +3.93% |
News
The last news published on ORIX CORP ADS at the time of the generation of this analysis was as follows:
- Craig Kahler Joins ORIX Capital Partners
- Terry Suzuki Promoted to President and CEO of ORIX USA
- O2 Investment Partners Announces Sale of Portfolio Company NTI Connect, LLC to ORIX Capital Partners
- Bridge Bank and ORIX Growth Capital Finance Provide New Credit Facility to Revolution Foods
- ORIX Growth Capital and Square 1 Bank Announce Expanded Banking and Credit Relationship With CustomInk
This member declared not having a position on this financial instrument or a related financial instrument.
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