O REILLY AUTOMOTIVE INC. - 1H - Technical analysis published on 08/03/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
22%
22%
My opinion
Bullish above 695.31 USD
My targets
721.82 USD (+2.08%)
743.86 USD (+5.20%)
My analysis
The bullish trend is currently very strong on O REILLY AUTOMOTIVE INC.. As long as the price remains above the support at 695.31 USD, you could try to benefit from the boom. The first bullish objective is located at 721.82 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 743.86 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
7.1
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Additional analysis
Quotes
The O REILLY AUTOMOTIVE INC. price is 707.11 USD. The price is lower by -0.19% since the last closing and was between 701.26 USD and 712.63 USD. This implies that the price is at +0.83% from its lowest and at -0.77% from its highest.701.26
712.63
707.11
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by O REILLY AUTOMOTIVE INC.:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of O REILLY AUTOMOTIVE INC. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 652.10 | 664.91 | 695.31 | 707.11 | 708.14 | 743.86 |
| Change (%) | -7.78% | -5.97% | -1.67% | - | +0.15% | +5.20% |
| Change | -55.01 | -42.20 | -11.80 | - | +1.03 | +36.75 |
| Level | Intermediate | Intermediate | Minor | - | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 691.92 | 696.50 | 702.49 | 707.07 | 713.06 | 717.64 | 723.63 |
| Camarilla | 705.56 | 706.53 | 707.50 | 708.47 | 709.44 | 710.41 | 711.38 |
| Woodie | 692.62 | 696.85 | 703.19 | 707.42 | 713.76 | 717.99 | 724.33 |
| Fibonacci | 696.50 | 700.54 | 703.04 | 707.07 | 711.11 | 713.61 | 717.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 628.98 | 647.22 | 675.40 | 693.64 | 721.82 | 740.06 | 768.24 |
| Camarilla | 690.83 | 695.08 | 699.34 | 703.59 | 707.85 | 712.10 | 716.36 |
| Woodie | 633.96 | 649.71 | 680.38 | 696.13 | 726.80 | 742.55 | 773.22 |
| Fibonacci | 647.22 | 664.95 | 675.90 | 693.64 | 711.37 | 722.32 | 740.06 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 561.32 | 593.08 | 648.34 | 680.10 | 735.36 | 767.12 | 822.38 |
| Camarilla | 679.66 | 687.64 | 695.61 | 703.59 | 711.57 | 719.54 | 727.52 |
| Woodie | 573.06 | 598.96 | 660.08 | 685.98 | 747.10 | 773.00 | 834.12 |
| Fibonacci | 593.08 | 626.33 | 646.86 | 680.10 | 713.35 | 733.88 | 767.12 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.49 | |
| MACD (12,26,9): | 2.9000 | |
| Directional Movement: | 7.66 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 710.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 712.18 | |
| Elder Ray (13): | 1.99 | |
| Super Trend (3,10): | 694.91 | |
| Zig ZAG (10): | 707.81 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 69.99 | |
| TEMA (21): | 709.18 | |
| Williams %R (14): | -41.77 | |
| Chande Momentum Oscillator (20): | -1.18 | |
| Repulse (5,40,3): | -0.0600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 0.50 |
| MA7: | 700.12 | |
| MA20: | 683.21 | |
| MA50: | 646.45 | |
| MA100: | 659.89 | |
| MAexp7: | 708.04 | |
| MAexp20: | 705.84 | |
| MAexp50: | 698.90 | |
| MAexp100: | 688.03 | |
| Price / MA7: | +1.00% | |
| Price / MA20: | +3.50% | |
| Price / MA50: | +9.38% | |
| Price / MA100: | +7.16% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | +0.18% | |
| Price / MAexp50: | +1.17% | |
| Price / MAexp100: | +2.77% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on O REILLY AUTOMOTIVE INC.. At the time of publication of this analysis, the latest news was as follows:
- O’Reilly Auto Parts Expands Domo Relationship with Five-Year Enterprise License Agreement
- EcoChain, Inc. Appoints Mary O’Reilly as Chief People Officer
- BAI Communications appoints Brendan O'Reilly as Global Chief Technology Officer
- Investor Alert: Ademi & O'Reilly, LLP Investigates Possible Securities Fraud of Iqiyi Inc.
- Investor Alert: Ademi & O'Reilly, LLP Investigates Possible Securities Fraud of Vaxart, Inc.
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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